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County Overview

Multnomah County, OR

Aggregate real estate market report across county ZIPs
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The Multnomah County, OR real estate market currently shows 3,129 active listings, with 948 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 139 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 45 days last year.

The median listing price has fallen 4.5% year-over-year, from $499,450 to $476,750.

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.

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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: 97208, 97209, 97218, 97220, 97228, 97231, 97238, 97253, 97254, 97256, 97266, 97280

Downtown: 97204, 97207, 97250, 97252

Bridal Veil: 97010

Corbett: 97019

Fairview: 97024

North Central: 97030

Kelly Creek: 97080

Portland Heights: 97201

Sellwood-Moreland: 97202

Saint Johns: 97203

Arlington Heights: 97205

Mount Scott-Arleta: 97206

Forest Park: 97210

Sunderland: 97211

Area Map

Market Overview

Active Listings
3,129
⇧ 4.6% vs 2,990 last year
Pending
948
30% pending ratio
Median Price
$476,750
⇩ 4.5% vs $499,450 last year
Average Price
$624,267
⇩ 7.8% vs $677,219 last year
Days on Market
48
⇧ 6.7% vs 45 days last year

Price Per Square Foot

Median $/sqft
$325
⇩ 3% vs $335/sqft last year
Median Home Size
1,518 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%
⇩ 1.4% vs 0.2% last year
Price Increased
0.1%
⇧ 4.2% 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 %