The Multnomah Village housing market is somewhat competitive. The median sale price of a home in Multnomah Village was $492K last month, up 20.0% since last year. The median sale price per square foot in Multnomah Village is $318, down 5.6% since last year.
What is the housing market like in Multnomah Village today?
In March 2024, Multnomah Village home prices were up 20.0% compared to last year, selling for a median price of $492K. On average, homes in Multnomah Village sell after 51 days on the market compared to 25 days last year. There were 16 homes sold in March this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$492,000
+20.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Multnomah Village, OR
$492,000
+20.0%
United States
To compare other locations to the Multnomah Village and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portland add value to a home.
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How hot is the Multnomah Village housing market?
Multnomah Village is somewhat competitive. Homes sell in 32 days.
0
100
60
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 16 days.
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 Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Multnomah Village.
Risk Factor
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Multnomah Village has a minor risk of flooding. 53 properties in Multnomah Village are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Multnomah Village. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Multnomah Village has a minor risk of wildfire. There are 3 properties in Multnomah Village that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Multnomah Village.
Multnomah Village has minimal risk of severe winds over the next 30 years
Wind Factor
Multnomah Village has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
75% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Multnomah Village has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 75% of homes in Multnomah Village have a Minor Heat Factor®.
Multnomah Village is expected to see a 114% increase in the number of days over 91ºF over the next 30 years. Multnomah Village is expected to experience 8