Home › Counties › Multnomah County, OR
The median home value in Multnomah County, OR is $499,598 as of 2026-08-31, up 0.04% from a year earlier.
Median Home Value
$499,598
Year-over-Year
+0.04%
National Rank
#202 of 3071
Multnomah County ranks 9th out of 36 counties in OR by median home price, and is +112.5% above the U.S. national median of $235,072. Within OR, the typical county has a median home value of $432,775, making Multnomah County +15.4% above the OR state median.
The typical home value decreased by 2.3%, from $511,408 in May 2026 to $499,598 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $511,408 | -0.7% |
| Jun 2026 | $511,411 | -0.5% |
| Jul 2026 | $506,305 | -0.3% |
| Aug 2026 | $499,598 | +0.0% |
Households here earn a median of $88,766 a year against a typical home value of $499,598 — a price-to-income ratio of 5.6×, past the 5× level generally described as severely unaffordable. That is less affordable than roughly 91% of U.S. counties. (How this is calculated.)
Reporting agencies in Multnomah County recorded a violent crime rate of 674 per 100,000 residents in 2024 — higher than most counties nationally. Property crime runs at 5,063 per 100,000.
Based on 2 reporting cities covering 732,518 residents (FBI UCR data — what this covers).
The median home value in Multnomah County is $499,598. That's up 0.04% from a year earlier. That is about 112.5% above the U.S. national county median of $235,072, and makes Multnomah County the 9th most expensive of 36 counties in Oregon.
Median household income here is $88,766, so a typical home costs about 5.6× annual household earnings — expensive compared with other U.S. counties.
Reporting police departments in Multnomah County recorded 674 violent crimes per 100,000 residents. That figure covers 732,518 residents across 2 reporting cities, so it reflects the county's incorporated areas rather than every community within its borders.
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