Is Multnomah County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Multnomah County has remained a Seller's Market.
How much do homes in Multnomah County, OR cost?
Median Sold Price
$542,000
$335/sqft
Based on all homes sold in April 2022.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS | Mar 2022 | Apr 2022 | % |
---|---|---|---|
1 Bedroom | $320K | $332.5K | +3.9% |
2 Bedrooms | $450K | $469.6K | +4.4% |
3 Bedrooms | $535K | $525K | -1.9% |
4 Bedrooms | $639.7K | $700K | +9.4% |
5+ Bedrooms | $760K | $862K | +13.4% |
Median Sold Price Compared To Nearby Counties
% | |
---|---|
Washington County | +3.7% |
Multnomah County | +3.2% |
Clackamas County | +2.7% |
Hood River County | +2.7% |
How many homes are available in Multnomah County, OR?
Number of Homes For Sale
Mar 2022 | Apr 2022 | % |
---|---|---|
3,076 | 3,203 | +4.1% |
Homes For Sale By Bedroom Count
# BEDS | Mar 2022 | Apr 2022 | % |
---|---|---|---|
1 Bedroom | 233 | 241 | +3.4% |
2 Bedrooms | 763 | 782 | +2.5% |
3 Bedrooms | 1,285 | 1,315 | +2.3% |
4 Bedrooms | 595 | 640 | +7.6% |
5+ Bedrooms | 200 | 225 | +12.5% |
Number of Homes Sold
Mar 2022 | Apr 2022 | % |
---|---|---|
1,125 | 1,051 | -6.6% |
Asking Price vs. Sold Price
179 Homes Were Sold
Under Asking
138 Homes Were Sold
At Asking
734 Homes Were Sold
Over Asking
Average Sale Time
Mar 2022 | Apr 2022 | % |
---|---|---|
22 Days | 16 Days | -26.4% |
Breakdown of Home Sale Times
922 Homes Were Sold
Under 30 Days
89 Homes Were Sold
In 30 - 90 Days
40 Homes Were Sold
Over 90 Days