Multnomah, OR Housing Market

$592,873

2.5% 1-yr

The average Multnomah, OR home value is $592,873, up 2.5% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Multnomah Key Takeaways

Typical Home Values: $592,873

1-year Value Change: +2.5%

(Data through April 30, 2025)

Multnomah Housing Market Overview

--1-year Market Forecast

25For sale inventory(April 30, 2025)

9New listings(April 30, 2025)

--Median sale to list ratio

--Median sale price(March 31, 2025)

$517,283Median list price(April 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Markham$615,461
Maplewood$663,083
Crestwood$575,426
Hayhurst$646,569
Hillsdale$700,219
Marshall Park$737,114
South Burlingame$631,586
Ashcreek$630,701
West Portland Park$560,445

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Multnomah Rental Market Trends

--Average rent in Multnomah

$2,024National average rent(April 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.