Multnomah County, OR Housing

The housing market in Multnomah, OR County is quite strong, with the median value of a house exceeding the US median of $338,100 by over $140,000. In addition to this, the appreciation rate for houses over the last year has been 8.23%, which is slightly lower than the U.S average of 8.27%. This indicates that home values are staying steady in Multnomah county and homeowners can expect to see an increase in their investments over time.

The median home cost in Multnomah County is $478,700. Home appreciation the last 10 years has been 125.8%. Home Appreciation in Multnomah County is up 8.4%.

Average Age of Homes

- The median age of Multnomah County real estate is 51 years old

The Rental Market in Multnomah County

- Renters make up 43.7% of the Multnomah County population
- 2.0% of houses and apartments in Multnomah County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Multnomah, Oregon	United States
	358,675.0	139,647,020.0
	51	42
	$478,700	$338,100
	8.4%	16.6%
	39.7%	57.0%
	125.8%	101.1%
	$10.11	$10.98
	$4,423	$2,690
	51.7%	57.4%
	5.4%	11.2%
	42.9%	31.4%
Vacant Housing
	2.0%	1.9%
	0.3%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.9%	2.4%
	0.7%	2.8%
	0.5%	3.9%
	0.3%	4.5%
	0.8%	11.3%
	2.5%	13.0%
	11.3%	20.1%
	24.4%	13.6%
	20.3%	8.3%
	25.2%	9.7%
	8.1%	3.9%
	2.7%	2.2%
	0.7%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	10.0%	13.6%
	8.6%	13.2%
	13.1%	14.8%
	10.0%	13.6%
	10.4%	10.0%
	6.9%	4.7%
	23.7%	12.2%

Reviews for Multnomah

See all (0)

Write a Review

Start Your Review of Multnomah

Commute