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Multnomah County, OR Real Estate & Property Data

Multnomah County Real Estate Market Trends

Last Updated: April 22, 2025

With up-to-date real estate data get detailed insight into Multnomah County, OR sourced from the nation’s leading property data provider. The current median home price in Multnomah County, OR is $515,000. Multnomah County real estate data shows that there have been a total of 9,939 residential properties sold over the past 12 months. ATTOM’s Multnomah County real estate data indicates that the county has 37 properties in foreclosure and 3 REOs (real estate bank owned) properties.

Get property data for any address in Multnomah County, OR or the country:

Total Residential Properties 227,553

Total Commercial Properties 32,170

Avg. Home Age (Single Family Home) 70 Years

Avg. Square Feet (Single Family Home) 1,795

Total 2025 Residential Sales (year-to-date) 1,308

% of Homes Seriously Underwater (Q2 2025) 0.91%

Total 2024 Residential Sales 9,049

% of Equity Rich Homes (Q2 2025) 40.65%

Effective 2024 Property Tax 1.15%

Total Foreclosure Filings (year-to-date) 92

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Multnomah County, OR Real Estate Overview

There were 9,939 residential properties sold in the past year in Multnomah County, OR. The median home value in Multnomah County, OR is $518,750. There are a total of 227,553 residential properties in the Multnomah.

Median Sales Price i

$515,000

(Feb 2025)

+5.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $515,000
January '25 Jan '25 $505,000
December '24 Dec '24 $495,000
November '24 Nov '24 $537,510
October '24 Oct '24 $520,000
September '24 Sep '24 $525,000
August '24 Aug '24 $537,000
July '24 Jul '24 $530,000
June '24 Jun '24 $537,000
May '24 May '24 $550,000
April '24 Apr '24 $510,000
March '24 Mar '24 $525,000

Median Down Payment i

$86,775

(Feb 2025)

+24.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $86,775
January '25 Jan '25 $87,100
December '24 Dec '24 $90,000
November '24 Nov '24 $92,950
October '24 Oct '24 $94,750
September '24 Sep '24 $93,000
August '24 Aug '24 $92,000
July '24 Jul '24 $105,000
June '24 Jun '24 $96,600
May '24 May '24 $100,000
April '24 Apr '24 $84,000
March '24 Mar '24 $88,500

Number of Homes Sold i

685

(Feb 2025)

+46.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 685
January '25 Jan '25 623
December '24 Dec '24 742
November '24 Nov '24 767
October '24 Oct '24 906
September '24 Sep '24 752
August '24 Aug '24 930
July '24 Jul '24 1,006
June '24 Jun '24 964
May '24 May '24 863
April '24 Apr '24 647
March '24 Mar '24 587

Number of Purchase Loans i

495

(Feb 2025)

+7.6%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 495
January '25 Jan '25 483
December '24 Dec '24 572
November '24 Nov '24 648
October '24 Oct '24 732
September '24 Sep '24 591
August '24 Aug '24 683
July '24 Jul '24 730
June '24 Jun '24 732
May '24 May '24 768
April '24 Apr '24 649
March '24 Mar '24 575

Number of REFI Loans i

188

(Feb 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 188
January '25 Jan '25 227
December '24 Dec '24 279
November '24 Nov '24 256
October '24 Oct '24 347
September '24 Sep '24 246
August '24 Aug '24 262
July '24 Jul '24 215
June '24 Jun '24 171
May '24 May '24 220
April '24 Apr '24 191
March '24 Mar '24 196

Number of HELOC Loans i

162

(Feb 2025)

-32.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 162
January '25 Jan '25 188
December '24 Dec '24 173
November '24 Nov '24 159
October '24 Oct '24 188
September '24 Sep '24 162
August '24 Aug '24 195
July '24 Jul '24 225
June '24 Jun '24 179
May '24 May '24 273
April '24 Apr '24 335
March '24 Mar '24 259

Multnomah County, OR Real Estate Market Overview

Last 30 days

City

Median Est. Value
City

Median Est. Value
City

Median Est. Value

Bridal Veil
Cascade Locks

$518,750 $288.98/sqft
Corbett

$611,853 $290.01/sqft
Fairview

$499,856 $264.54/sqft
Gresham

$485,750 $252.75/sqft
Portland

$553,500 $290.13/sqft
Troutdale

$486,419 $272.46/sqft

Multnomah County, OR Foreclosure Activity

There were a total of 37 Multnomah County, OR properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 34 Multnomah County, OR properties and repossessed 3 Multnomah County, OR properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

-14%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years