Multnomah, OR Housing Market

$564,621

1.4% 1-yr

The average Multnomah, OR home value is $564,621, down 1.4% 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: $564,621

1-year Value Change: -1.4%

(Data through November 30, 2025)

Multnomah Housing Market Overview

--1-year Market Forecast

32For sale inventory(November 30, 2025)

8New listings(November 30, 2025)

--Median sale to list ratio

--Median sale price(October 31, 2025)

$518,283Median list price(November 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$578,903
Maplewood$622,503
Crestwood$549,436
Hayhurst$611,483
Hillsdale$669,490
Marshall Park$698,638
South Burlingame$606,007
Ashcreek$603,400
West Portland Park$535,242

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Multnomah Rental Market Trends

--Average rent in Multnomah

$1,925National average rent(November 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.