Call or Text (240) SELL-123
County Overview

Multnomah County, OR

Aggregate real estate market report across county ZIPs
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The Multnomah County, OR real estate market currently shows 3,576 active listings, with 1,025 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 96 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 53 days on market compared to 50 days last year.

The median listing price has fallen 2.6% year-over-year, from $512,450 to $499,000.

Whether you are buying or selling in Multnomah County, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for Multnomah County, OR and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 801,225  ·  Density: 2,229.1/mi²  ·  Median household income: $85,009

Typical home value: $525,235  ·  Homeownership: 56.1%

Included Areas

Portland: 97202, 97204, 97206, 97207, 97208, 97209, 97214, 97216, 97218, 97220, 97221, 97228

Bridal Veil: 97010

Corbett: 97019

Fairview: 97024

Gresham: 97030

Gresham Butte: 97080

Portland Heights: 97201

Saint Johns: 97203

Arlington Heights: 97205

Forest Park: 97210

Sunderland: 97211

Irvington: 97212

Rose City Park: 97213

Mount Tabor: 97215

Area Map

Market Overview

Active Listings
3,576
⇩ 2.6% vs 3,672 last year
Pending
1,025
29% pending ratio
Median Price
$499,000
⇩ 2.6% vs $512,450 last year
Average Price
$650,219
⇩ 3.4% vs $673,252 last year
Days on Market
53
⇧ 6% vs 50 days last year

Price Per Square Foot

Median $/sqft
$321
⇩ 2.1% vs $328/sqft last year
Median Home Size
1,583 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.7%
Listings with no price change
Price Reduced
0.2%
⇩ 12.6% vs 0.3% last year
Price Increased
0.1%
⇧ 10.9% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %