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Multnomah County Housing Market Data

Market update Multnomah County

Multnomah County Housing Market Data

Single-family homes in Multnomah County, Oregon

Source: RMLS, data as of . Updated daily.

How Shawn Sees The Market

Multnomah County has 1,372 single-family homes for sale, about 2.4 months of inventory at the pace of the last 6 months of sales. By that measure it is a balanced market. The median sold price over the last 90 days was $560,000, about the same as the same 90 days last year.

Months of inventory2.4 months: Balanced

Key numbers

Change is compared with the same dates last year.

  • Median sold price

    $560,000

    1.8% vs last year (up from a year ago)

    Middle sale price of homes that closed in the last 90 days.

  • Price per sq ft

    $301

    0.7% vs last year (down from a year ago)

    Median sale price divided by finished square feet, last 90 days.

  • Sale-to-list price

    100.0%

    No change vs last year

    Median of sale price as a share of the last list price, last 90 days.

  • Days on market

    17 days

    15.0% vs last year (down from a year ago)

    Middle number of days from listing to accepted offer, last 90 days.

  • Months of inventory

    2.4 months

    No year-ago figure

    Homes for sale now divided by average monthly sales over the last 6 months.

  • For sale now

    1,372

    No year-ago figure

    Active listings today. New listings in the last 30 days: 425.

  • Pending

    493

    No year-ago figure

    Accepted offer, not yet closed, today.

  • Sold, last 30 days

    445

    24.2% vs last year (down from a year ago)

    Homes that closed in the last 30 days.

  • Closed sales, last 90 days

    1,499

    Count of closings in the last 90 days, the same sales behind the median sold price.

Trends

Since Nov 2023.

Median sold price

  • Monthly median
Line chart of the monthly median sold price in Multnomah County, Nov 2023 to Oct 2026. Lowest $500,000, highest $585,000. Latest month Oct 2026: $581,000.$475K$500K$525K$550K$575K$600KOct '26Apr '26Oct '25Apr '25Oct '24Apr '24
Nov 2023 to Oct 2026. Months with fewer than 5 sales are left blank.
Show the numbers
Median sold price by month, Multnomah County
MonthMedian sold priceSold
Nov 2026 (to date)$500,00098
Oct 2026$581,000521
Sep 2026$560,000501
Aug 2026$550,000560
Jul 2026$560,000668
Jun 2026$555,000708
May 2026$575,000675
Apr 2026$560,000624
Mar 2026$559,000528
Feb 2026$515,000410
Jan 2026$500,000295
Dec 2025$535,000491
Nov 2025$530,000466
Oct 2025$537,000666
Sep 2025$545,000534
Aug 2025$565,000620
Jul 2025$560,000628
Jun 2025$585,000645
May 2025$578,000648
Apr 2025$552,000572
Mar 2025$545,000471
Feb 2025$551,000397
Jan 2025$520,000355
Dec 2024$510,000443
Nov 2024$546,000519
Oct 2024$537,000588
Sep 2024$545,000481
Aug 2024$551,000607
Jul 2024$549,000629
Jun 2024$549,000666
May 2024$560,000662
Apr 2024$535,000530
Mar 2024$550,000429
Feb 2024$523,000353
Jan 2024$500,000319
Dec 2023$500,000419
Nov 2023$513,000292

Homes for sale and homes sold

  • For sale at month end
  • Sold in month
Homes for sale at each month end (line) and homes sold each month (bars) in Multnomah County, Nov 2023 to Oct 2026. Sold ranged from 292 to 708 a month. For sale at month end ranged from 1443 to 1443.05001,0001,5002,000Oct '26Apr '26Oct '25Apr '25Oct '24Apr '24
Nov 2023 to Oct 2026. Homes for sale tracked since Oct 2026.
Show the numbers
Homes for sale and sold by month, Multnomah County
MonthFor sale at month endSold in month
Nov 2026 (to date)1,372 (today)98
Oct 20261,443521
Sep 2026Not tracked yet501
Aug 2026Not tracked yet560
Jul 2026Not tracked yet668
Jun 2026Not tracked yet708
May 2026Not tracked yet675
Apr 2026Not tracked yet624
Mar 2026Not tracked yet528
Feb 2026Not tracked yet410
Jan 2026Not tracked yet295
Dec 2025Not tracked yet491
Nov 2025Not tracked yet466
Oct 2025Not tracked yet666
Sep 2025Not tracked yet534
Aug 2025Not tracked yet620
Jul 2025Not tracked yet628
Jun 2025Not tracked yet645
May 2025Not tracked yet648
Apr 2025Not tracked yet572
Mar 2025Not tracked yet471
Feb 2025Not tracked yet397
Jan 2025Not tracked yet355
Dec 2024Not tracked yet443
Nov 2024Not tracked yet519
Oct 2024Not tracked yet588
Sep 2024Not tracked yet481
Aug 2024Not tracked yet607
Jul 2024Not tracked yet629
Jun 2024Not tracked yet666
May 2024Not tracked yet662
Apr 2024Not tracked yet530
Mar 2024Not tracked yet429
Feb 2024Not tracked yet353
Jan 2024Not tracked yet319
Dec 2023Not tracked yet419
Nov 2023Not tracked yet292

What's my home worth here?

Ask for a home value on a Multnomah County address. This saves a request for Shawn. It does not email you an automatic estimate.

Terms & Privacy

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

How fast homes sell

In the last 90 days, the median time to an accepted offer was 17 days (1498 sales with a list price).

  • 34% sold over list
  • 29% sold at list
  • 37% sold under list

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Price cuts

37% of recent sales had a last list price below the original list price (556 of 1497).

Those homes took a median of 64 days. Homes without a cut took 6 days. The difference is 58 days.

A price cut here means the original list price stored by RMLS is higher than the last list price. A dated price-change history is not stored.

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Best month to list

Each point is that calendar month across the stored sales, not one year. The line is the median sale price. The tooltip also has median days on market.

Line chart of the monthly median sold price in Multnomah County, Jan 2020 to Dec 2020. Lowest $508,000, highest $574,000. Latest month Dec 2020: $515,000.$500K$520K$540K$560K$580KJanMarMayJulSepNov

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Net proceeds estimator

This starts from the area median sold price, $560,000. Type your own price and percents. Nothing here is a commission rate or a closing-cost rate from RMLS.

Enter a commission percent and a closing-cost percent.

Estimate only. It is not a closing statement, not tax advice, and not a promise of what you will receive.

Terms & Privacy

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Can I negotiate?

The median sale was 100.0% of the last list price.

34% sold over list, 29% at list, and 37% under list.

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Price bands

  • Under $500,000492 for sale · typical 1,316 sq ft, 3 beds
  • $500,000 to $749,999466 for sale · typical 2,234 sq ft, 4 beds
  • $750,000 to $999,999195 for sale · typical 3,046 sq ft, 4 beds
  • $1,000,000 to $1,499,999109 for sale · typical 3,968 sq ft, 4 beds
  • $1,500,000 and up107 for sale · typical 5,151 sq ft, 5 beds

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Market gauge

2.4 months of inventory: Balanced.

Seller's under 2Balanced, 2 to under 4Buyer's, 4 or more

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Newest listings

See these homes in search

Get email alerts for this search

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

Questions

What is the median sold price in Multnomah County?

The median sold price over the last 90 days is $560,000.

How fast do homes sell in Multnomah County?

The median time to an accepted offer is 17 days. 34% sold over list, 29% at list, and 37% under list.

Is Multnomah County a buyer's market or a seller's market?

2.4 months of inventory. Under 2 months is a seller's market, 2 to under 4 is balanced, and 4 or more is a buyer's market. This reading is Balanced.

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

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Terms & Privacy

Source: RMLS. Counts use the single-family listings stored from the RMLS feed. Information is deemed reliable but is not guaranteed.

What is my home worth?

Enter your address on the next page to get Shawn's Home Value & Market Report by email: a private, automatic estimate range for your home from Shawn Realty, based on recent sales of similar homes and information from the RMLS (Shawn Realty’s own opinion, not provided or endorsed by RMLS, and not an appraisal), the comparable homes used, and a market report for similar homes near you.

Request my home value report

A private, automatic estimate range from Shawn Realty. Not an appraisal. Based on information from the RMLS. Not provided or endorsed by RMLS.

Homes for sale in Multnomah County

1,372

single-family homes listed today.

See homes for sale in Multnomah County

How these numbers are calculated

Single-family homes only. Sales are counted by closing date.

New listings
Homes whose on-market date falls in the last 30 days and that are still in the RMLS IDX feed (active, pending or sold). Listings withdrawn or expired since then are not in the feed, so this can run low.
Median
The middle value: half the homes are above it and half below.
Months of inventory
Homes for sale today divided by the average number of homes sold per month over the last 6 months. Under 2 months is a seller’s market, at least 2 and under 4 is balanced, and 4 and above is a buyer’s market.
Days on market
Days from the on-market date to the accepted-offer (pending) date, for homes that closed in the last 90 days. When a sale has no pending date, its closing date is used.
Sale-to-list price
Sale price divided by the last list price before the sale. 100% means the home sold at its list price. The market trends section shows it three ways: %SP/LP (total of sale prices divided by total of list prices), %SP/OLP (the same against original list prices) and Median %SP/LP (the middle of each sale’s own ratio).
Price per sq ft
Sale price divided by finished square feet. Homes with no square footage on record are left out.
Change vs last year
The same figure for the same dates one year earlier. Sale-to-list price changes are shown in percentage points.
Small numbers
Any figure based on fewer than 5 sales shows “Not enough sales to report” instead of a number. Counts are always shown.
Area boundaries
Multnomah County: listings whose county on the listing is Multnomah and whose state is Oregon, in every city and unincorporated area. Area pages overlap. Every city page also counts toward its county page, and 97229 spans Washington and Multnomah counties: its Multnomah County side also counts in Portland (Multnomah Co).
Shawn Yu with his dog

Shawn Yu, Shawn Realty

Questions about these numbers or about your own home? Call or text me.

Call 503-515-4499

Source: RMLS, data as of . Updated daily.

Based on information from the RMLS for the period November 1, 2023 through November 10, 2026. Statistics computed by Shawn Realty from RMLS IDX data. Information is deemed reliable but is not guaranteed accurate. Counts include only listings available to this site through the RMLS IDX feed, so they can differ from other RMLS reports.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.

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