The median sale price of a home in Multnomah County was $540K last month, up 1.9% since last year. The median sale price per square foot in Multnomah County is $309, up 0.7% since last year.
What is the housing market like in Multnomah County today?
In May 2025, Multnomah County home prices were up 1.9% compared to last year, selling for a median price of $540K. On average, homes in Multnomah County sell after 12 days on the market compared to 12 days last year. There were 875 homes sold in May this year, down from 910 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$540,000
+1.9% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Multnomah County, OR
$540,000
+1.9%
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.
Work with the best agents in Multnomah County
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
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)
101.2%
+0.03 pt YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Multnomah County, OR
101.2%
+0.03 pt
United States
Home offer insights for Multnomah County
Explore recent offers and recently sold homes in Multnomah County
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$650K Offer
Sold for $700K
3bd | 3ba | ~2,250sqft
Over List Price
3%
Days on Market
4
Competing Offers
4
Down Payment
~20%
Lora Smith
Multnomah County Redfin Agent
Competed against 4 offers
Price escalated to $705,000
Appraisal waiver at original offer price
Offer Not Accepted|
6 Weeks Ago
~$500K Offer
Sold for $500K
3bd | 1ba | ~1,500sqft
Over List Price
2%
Days on Market
5
Competing Offers
3
Down Payment
~20%
Lora Smith
Multnomah County Redfin Agent
Limited repairs to health, safety, structural.
Ultimately seller received an offer escalating to $550,000 and with appraisal gap coverage and we could not compete.…
More
Offer Not Accepted|
3 Weeks Ago
~$175K Offer
Sold for $225K
3bd | 2ba | ~1,250sqft
Over List Price
10%
Days on Market
4
Competing Offers
5
Down Payment
<10%
Melissa Hartvigsen
Multnomah County Redfin Agent
Offer Not Accepted|
4 Weeks Ago
~$950K Offer
Sold for $1M
3bd | 2ba | ~3,000sqft
Over List Price
4%
Days on Market
5
Competing Offers
4
Down Payment
—
Christopher Rowley
Multnomah County Redfin Agent
Offer Not Accepted|
5 Weeks Ago
~$350K Offer
Sold for $375K
2bd | 1ba | ~750sqft
Over List Price
7%
Days on Market
4
Competing Offers
2
Down Payment
~50%
Julian Soler
Multnomah County Redfin Agent
View houses in Multnomah County that sold recently
Recently sold homes
SOLD JUL 10, 2025
$990,000 Last Sold Price
4 beds
3.5 baths
3,397 sq ft
8235 SW 47th Ave, Portland, OR 97219
Tracy Hasson • Cascade Hasson Sotheby's International Realty
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.
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Multnomah County has a moderate risk of flooding. 7,304 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.
73% of properties are at risk of wildfire over the next 30 years
Fire Factor
Multnomah County has a moderate risk of wildfire. There are 128,936 properties in Multnomah County that have some risk of being affected by wildfire over the next 30 years. This represents 73% 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.
72% 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 72% 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