$355,900
1,217 SqFt
3 Beds
•1 Full Bath
Bob Sisul, Bryce Rosenbaum, Listing Office: Harcourts Real Estate Network Group
October 2024
Report Updated 1 Day Ago
Is Multnomah County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Multnomah County has remained a Seller's Market.
How much do homes in Multnomah County, OR cost?
$503,647
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Multnomah County was $503,647 in October 2024, up 0.7% from last year, and the median price per square foot was $308.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | $300K | -1.6% |
2 Bedrooms | $405.1K | $399.9K | -1.3% |
3 Bedrooms | $490.2K | $501.2K | +2.3% |
4 Bedrooms | $635.8K | $634.8K | -0.1% |
5+ Bedrooms | $789K | $798.6K | +1.2% |
Summary: Multnomah County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.6%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 1.2%.
Hood River County | $685K | $731K | +6.7% |
Clark County | $527.9K | $549.5K | +4.1% |
Washington County | $569.8K | $587.2K | +3.0% |
Clackamas County | $602.4K | $617.7K | +2.5% |
Multnomah County | $499.9K | $503.6K | +0.7% |
How many homes are available in Multnomah County, OR?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
3,496 | 3,603 | +3.1% |
Summary: The Multnomah County real estate market had 3,603 homes for sale in October 2024, a 3.1% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 304 | 337 | +10.9% |
2 Bedrooms | 911 | 928 | +1.9% |
3 Bedrooms | 1,331 | 1,351 | +1.5% |
4 Bedrooms | 671 | 696 | +3.7% |
5+ Bedrooms | 279 | 291 | +4.3% |
Summary: The Multnomah County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.9%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 4.3%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
595 | 697 | +17.1% |
264 Homes Were Sold
Under Asking
168 Homes Were Sold
At Asking
265 Homes Were Sold
Over Asking
Summary: A total of 697 homes were sold or pending in Multnomah County in October 2024, up by 17.1% month-over-month. Of the 697 sold homes, 38% were sold under asking, 24% were sold at asking, and 38% were sold over asking.
How long does it take to sell a home in Multnomah County, OR?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
35 Days | 46 Days | +31.8% |
Summary: Homes in Multnomah County had an average of 46 days on market in Oct 2024, up by 31.8% compared to last year.
384 Homes Were Sold
Under 30 Days
197 Homes Were Sold
In 30 - 90 Days
116 Homes Were Sold
Over 90 Days
Summary: During October 2024, 697 homes were sold in Multnomah County; 55% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 1 Day Ago
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MLS Disclaimers and Copyright
Based on information from Regional Multiple Listing Service, and Northwest Multiple Listing Service for the period 11/01/2022 - 11/01/2024
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/2/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/2/2024, 4:17:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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