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Portland (Multnomah Co) Housing Market Data

Market update Portland (Multnomah Co)

Portland (Multnomah Co) Housing Market Data

Single-family homes with a Portland mailing address in Multnomah County

Source: RMLS, data as of . Updated daily.

How Shawn Sees The Market

Portland (Multnomah Co) has 1,149 single-family homes for sale, about 2.3 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 $575,000, up 2.7% from the same 90 days last year.

Months of inventory2.3 months: Balanced

Key numbers

Change is compared with the same dates last year.

  • Median sold price

    $575,000

    2.7% vs last year (up from a year ago)

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

  • Price per sq ft

    $305

    0.9% 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

    15 days

    21.1% vs last year (down from a year ago)

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

  • Months of inventory

    2.3 months

    No year-ago figure

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

  • For sale now

    1,149

    No year-ago figure

    Active listings today. New listings in the last 30 days: 370.

  • Pending

    404

    No year-ago figure

    Accepted offer, not yet closed, today.

  • Sold, last 30 days

    386

    21.1% vs last year (down from a year ago)

    Homes that closed in the last 30 days.

  • Closed sales, last 90 days

    1,284

    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 Portland (Multnomah Co), Nov 2023 to Oct 2026. Lowest $500,000, highest $600,000. Latest month Oct 2026: $595,000.$450K$500K$550K$600K$650KOct '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, Portland (Multnomah Co)
MonthMedian sold priceSold
Nov 2026 (to date)$500,00090
Oct 2026$595,000449
Sep 2026$568,000418
Aug 2026$560,000469
Jul 2026$580,000569
Jun 2026$565,000614
May 2026$600,000578
Apr 2026$575,000530
Mar 2026$571,000453
Feb 2026$518,000358
Jan 2026$500,000232
Dec 2025$539,000407
Nov 2025$545,000397
Oct 2025$553,000576
Sep 2025$554,000459
Aug 2025$575,000524
Jul 2025$571,000548
Jun 2025$590,000573
May 2025$600,000556
Apr 2025$570,000493
Mar 2025$555,000410
Feb 2025$565,000347
Jan 2025$525,000304
Dec 2024$513,000382
Nov 2024$549,000445
Oct 2024$549,000495
Sep 2024$550,000384
Aug 2024$564,000512
Jul 2024$556,000538
Jun 2024$564,000566
May 2024$579,000571
Apr 2024$543,000443
Mar 2024$553,000352
Feb 2024$525,000289
Jan 2024$500,000267
Dec 2023$501,000347
Nov 2023$525,000244

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 Portland (Multnomah Co), Nov 2023 to Oct 2026. Sold ranged from 232 to 614 a month. For sale at month end ranged from 1206 to 1206.05001,0001,500Oct '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, Portland (Multnomah Co)
MonthFor sale at month endSold in month
Nov 2026 (to date)1,149 (today)90
Oct 20261,206449
Sep 2026Not tracked yet418
Aug 2026Not tracked yet469
Jul 2026Not tracked yet569
Jun 2026Not tracked yet614
May 2026Not tracked yet578
Apr 2026Not tracked yet530
Mar 2026Not tracked yet453
Feb 2026Not tracked yet358
Jan 2026Not tracked yet232
Dec 2025Not tracked yet407
Nov 2025Not tracked yet397
Oct 2025Not tracked yet576
Sep 2025Not tracked yet459
Aug 2025Not tracked yet524
Jul 2025Not tracked yet548
Jun 2025Not tracked yet573
May 2025Not tracked yet556
Apr 2025Not tracked yet493
Mar 2025Not tracked yet410
Feb 2025Not tracked yet347
Jan 2025Not tracked yet304
Dec 2024Not tracked yet382
Nov 2024Not tracked yet445
Oct 2024Not tracked yet495
Sep 2024Not tracked yet384
Aug 2024Not tracked yet512
Jul 2024Not tracked yet538
Jun 2024Not tracked yet566
May 2024Not tracked yet571
Apr 2024Not tracked yet443
Mar 2024Not tracked yet352
Feb 2024Not tracked yet289
Jan 2024Not tracked yet267
Dec 2023Not tracked yet347
Nov 2023Not tracked yet244

What's my home worth here?

Ask for a home value on a Portland (Multnomah Co) 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 15 days (1283 sales with a list price).

  • 35% sold over list
  • 28% sold at list
  • 36% 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

35% of recent sales had a last list price below the original list price (453 of 1282).

Those homes took a median of 67 days. Homes without a cut took 6 days. The difference is 61 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 Portland (Multnomah Co), Jan 2020 to Dec 2020. Lowest $508,000, highest $595,000. Latest month Dec 2020: $520,000.$500K$550K$600K$650KJanMarMayJulSepNov

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, $575,000. 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.

35% sold over list, 28% at list, and 36% 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 $500,000428 for sale · typical 1,270 sq ft, 3 beds
  • $500,000 to $749,999360 for sale · typical 2,224 sq ft, 3 beds
  • $750,000 to $999,999164 for sale · typical 2,983 sq ft, 4 beds
  • $1,000,000 to $1,499,99993 for sale · typical 3,986 sq ft, 4 beds
  • $1,500,000 and up101 for sale · typical 5,083 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

2.3 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

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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 Portland (Multnomah Co)?

The median sold price over the last 90 days is $575,000.

How fast do homes sell in Portland (Multnomah Co)?

The median time to an accepted offer is 15 days. 35% sold over list, 28% at list, and 36% under list.

Is Portland (Multnomah Co) a buyer's market or a seller's market?

2.3 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 Portland (Multnomah Co)

1,149

single-family homes listed today.

See homes for sale in Portland (Multnomah Co)

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
Portland (Multnomah Co): listings whose city on the listing is Portland (the mailing city) and whose county is Multnomah. Portland addresses in Washington County (including the Washington County side of 97229) and in Clackamas County are not counted here. 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 9, 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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