The median sale price of a home in Multnomah County was $495K last month, up .0% since last year. The median sale price per square foot in Multnomah County is $309, up 5.1% since last year.
What is the housing market like in Multnomah County today?
In March 2024, Multnomah County home prices were up .0% compared to last year, selling for a median price of $495K. On average, homes in Multnomah County sell after 24 days on the market compared to 21 days last year. There were 648 homes sold in March this year, down from 808 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$495,000
0.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Multnomah County, OR
$495,000
0.0%
United States
To compare other locations to the Multnomah County and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Oregon add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Multnomah County housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.1%
+0.09 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Multnomah County, OR
100.1%
+0.09 pt
United States
Home offer insights for Multnomah County
Explore recent offers and recently sold homes in Multnomah County
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$600K Offer
Sold for $650K
3bd | 2.5ba | ~3,000sqft
Over List Price
11%
Days on Market
6
Competing Offers
8
Down Payment
~20%
Renee Espinosa
Multnomah County Redfin Agent
Multiple offers (8) all of them were over the list price and some were significantly over!
Offer Not Accepted|
8 Weeks Ago
~$650K Offer
Sold for $700K
4bd | 2ba | ~2,000sqft
Over List Price
2%
Days on Market
5
Competing Offers
3
Down Payment
—
Rosemary Coles
Multnomah County Redfin Agent
Made a cash offer $60,000 over the asking price, and another offer was chosen.
Offer Not Accepted|
5 Weeks Ago
~$550K Offer
Sold for $650K
3bd | 2.5ba | ~3,000sqft
Over List Price
2%
Days on Market
6
Competing Offers
8
Down Payment
<10%
Chaley McVay
Multnomah County Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$450K Offer
Sold for $500K
3bd | 2ba | ~1,500sqft
Over List Price
2%
Days on Market
3
Competing Offers
—
Down Payment
~30%
Marisol Quintana-Rios
Multnomah County Redfin Agent
Offer Not Accepted|
6 Weeks Ago
~$500K Offer
Sold for $600K
3bd | 1.5ba | ~2,000sqft
Over List Price
2%
Days on Market
6
Competing Offers
6
Down Payment
~40%
Liz Ellis
Multnomah County Redfin Agent
View houses in Multnomah County that sold recently
Recently sold homes
SOLD MAY 2, 2024
$294,700 Last Sold Price
5 beds
2 baths
2,339 sq ft
506 508 NE Monroe St, Portland, OR 97212
Andrea Butcher-Thomas • REALHome Services & Solutions, Inc
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Sabin Elementary School
Public • PreK-5
452
Students
13 reviews
10/10
Rieke Elementary School
Public • K-5
379
Students
23 reviews
10/10
Abernethy Elementary School
Public • K-5
520
Students
11 reviews
10/10
Cedar Mill Elementary School
Public • K-5
426
Students
7 reviews
10/10
Llewellyn Elementary School
Public • K-5
485
Students
6 reviews
Only showing 5 of
100+ elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Multnomah County housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Multnomah County.
Risk Factor
Flood Factor - Extreme
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Multnomah County has an extreme risk of flooding. 7,913 properties in Multnomah County are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Multnomah County. Flood risk is increasing slower than the national average.
61% of properties are at risk of wildfire over the next 30 years
Fire Factor
Multnomah County has a moderate risk of wildfire. There are 107,629 properties in Multnomah County that have some risk of being affected by wildfire over the next 30 years. This represents 61% of all properties in Multnomah County.
Multnomah County has minimal risk of severe winds over the next 30 years
Wind Factor
Multnomah County has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
73% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Multnomah County has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 73% of homes in Multnomah County have a Moderate Heat Factor®.
Multnomah County is expected to see a 114% increase in the number of days over 91ºF over the next 30 years. Multnomah County is expected to experience 7