
Multnomah County, OR Housing Market
$499,598
0.0% 1-yrThe average Multnomah County, OR home value is $499,598, up 0.0% over the past year, and homes go to pending in around 17 days. (Updated on )
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.
Multnomah County Key Takeaways
Typical Home Values: $499,598
1-Year Value Change: +0%
(Data through August 31, 2026)
Multnomah County Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Cities in Multnomah County
- NameMedian ZHVI
- Wood Village$407,779
- Fairview$471,529
- Troutdale$484,480
- Gresham$464,687
- Camas$746,744
- Damascus$668,453
- Happy Valley$678,674
- Boring$723,936
- Corbett$653,031
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Multnomah County Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Multnomah County, OR?
The median home value in Multnomah County, OR is $499,598 as of August 2026. This represents a 0.3% increase compared to last month and a 0.0% increase year-over-year.
How do home values in Multnomah County, OR compare to Oregon and the national average?
The median home value in Multnomah County, OR ($499,598) compares to Oregon ($496,113) and the U.S. national median ($368,697).
What are the top cities in Multnomah County, OR by home value?
The cities with the highest median home values in Multnomah County, OR include: Corbett ($664,008), Portland ($540,296), Troutdale ($492,920), Fairview ($482,516), Gresham ($473,726). These cities represent the most expensive areas within the county.




