Multnomah County, OR Home Values & Market Trends
The median home price in Multnomah County, OR is $516,206. There were 11,544 home sales in Multnomah County, OR over the past 12 months. The median residential Multnomah County, OR home value for transactions over the previous year is $470,089. The number of current listings in Multnomah County, OR is 12,692, and the percentage of properties for sale is 12692.00%. The county has 343 foreclosures, 63 bank owned properties, 227 headed for auction, and 12,692 properties for sale.
Multnomah County, OR Real Estate Market Overview
Housing Market Summary for Multnomah County, OR
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $517K | $515.3K | -0.31% |
| Median Sold Price | $558K | $515.1K | -7.68% |
| Homes For Sale | 7,705 | 12,536 | 62.70% |
| Homes Sold | 4,816 | 4,703 | -2.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Multnomah County, OR
Browse Homes in Multnomah County, OR
Multnomah County, OR home values range from $19,898 to $25,000,000. Corbett is the priciest city with a median listing home price of $749,450, and Fairview is most affordable with average house prices of around $445,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.29% of all residential properties in Multnomah County, OR with Portland containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Multnomah County, OR; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,207,597 in Fairview to the lowest home value of $135,211 in Portland.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Multnomah County, OR ranges from the highest value of $1,217,397 in Fairview to the lowest value of $142,162 in Portland. Bank owned homes and properties account for 0.35% of properties in Multnomah County, OR. There are 6 cities within Multnomah County, OR; Portland containing 63 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsPortland has 222 auction properties, the highest number of properties going to auction in a single city in the state of Multnomah County, OR. Auction homes and other auction properties account for 1.26% of all properties in Multnomah County, OR. There are 6 cities within Multnomah County, OR; of those cities, the median estimated home value for homes going to auction ranges from $1,767,364 in Fairview to the lowest value of $143,600 in Fairview.
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More Real Estate Resources for Multnomah County, OR
Guide for Multnomah County, OR
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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