Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 803,863 ↓ 1.4% since 2020 |
| Median Household Income | $86,247 16% above national median |
| Median Home Value | $528,000 |
| Unemployment Rate | 5.4% |
| Median Age | 38.5 years |
| Housing Vacancy Rate | 5.5% |
| Total Land Sales (Past 12 Months) | 76 transactions |
| Active Listings | 189 properties |
| Avg Days on Market | 277 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $98,639 |
| Recent Sales | 26 transactions |
| Avg Days on Market | 215 days |
| Avg Parcel Size | 7.95 acres |
| Active Listings | 29 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Feb 2026 | 2.94 | $290,000 | $98,639 | 25900 NW Saint Helens Rd | Scappoose |
| Jan 2026 | 8.41 | $349,000 | $41,498 | 30900 NE Springhill Rd | Troutdale |
| Dec 2025 | 4.81 | $845,000 | $175,676 | 37925 E Knieriem Rd | Corbett |
| Nov 2025 | 1.40 | $650,000 | $464,286 | 10345 NE 13th Ave | Portland |
| Nov 2025 | 8.76 | $286,500 | $32,705 | 31330 SE Victory Rd | Troutdale |
| Oct 2025 | 1.19 | $1,715,000 | $1,441,188 | 1452 SW Taylors Ferry Rd Unit A | Portland |
| Oct 2025 | 42.63 | $700,000 | $16,420 | NW Lucy Reeder Rd | Portland |
| Oct 2025 | 7.99 | $529,000 | $66,208 | 8081 SE 282nd Ave | Gresham |
| Oct 2025 | 45.36 | $625,000 | $13,779 | 36410 SE Gordon Creek Rd | Corbett |
| Sep 2025 | 6.22 | $412,909 | $66,384 | 8105 SE 282nd Ave | Gresham |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Sep 2025 | 2.01 | $400,000 | $199,005 | NW Saltzman Rd | Portland |
| Sep 2025 | 5.00 | $360,000 | $72,000 | 39335 SE Trout Creek Rd | Corbett |
| Aug 2025 | 3.02 | $333,000 | $110,265 | 3450 SE Mannthey Rd | Corbett |
| Jul 2025 | 1.46 | $1,095,000 | $750,000 | 2815 SE 90th Pl | Portland |
| Jun 2025 | 5.05 | $310,000 | $61,386 | 18700 NW Logie Trail Rd | Portland |
| Jun 2025 | 2.50 | $260,000 | $104,000 | 37555 E Knieriem Rd | Corbett |
| Jun 2025 | 5.88 | $200,000 | $34,014 | 10181 NW Skyline Blvd | Portland |
| May 2025 | 2.00 | $1,100,000 | $550,000 | 1335 SE 282nd Ave | Gresham |
| May 2025 | 4.58 | $445,000 | $97,162 | 14180 NW Germantown Rd | Portland |
| May 2025 | 2.74 | $222,500 | $81,204 | 0 NW Skyline Blvd #3 | Portland |
| May 2025 | 2.02 | $145,368 | $71,964 | 5857 SW Garden Home Rd | Portland |
| May 2025 | 2.21 | $590,000 | $266,968 | 5925 SW Patton Rd | Portland |
| Apr 2025 | 4.12 | $925,000 | $224,515 | SW Northwood Ave | Portland |
| Apr 2025 | 2.86 | $750,000 | $262,238 | 4504 SW Shattuck Rd | Portland |
| Apr 2025 | 5.64 | $95,000 | $16,844 | 43108 SE Haines Rd | Corbett |
| Mar 2025 | 25.79 | $7,424,607 | $287,887 | 2605 SE 282nd Ave | Gresham |
Suburban/Urban Land Sales (Under 1 Acre) (Sep 2025 – Feb 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $200,000 |
| Recent Sales | 50 transactions |
| Avg Days on Market | 91 days |
| Avg Parcel Size | 0.20 acres |
| Active Listings | 160 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Feb 2026 | 0.42 | $112,000 | 4770 SE 140th Ave | Portland |
| Feb 2026 | 0.12 | $235,000 | SW View Point Ter | Portland |
| Feb 2026 | 0.19 | $155,000 | 12044 SE Deerhaven Dr | Portland |
| Feb 2026 | 0.18 | $165,000 | 648 SE 146th Ave | Portland |
| Feb 2026 | 0.13 | $850,000 | 3419 SE 55th Ave | Portland |
| Feb 2026 | 0.41 | $285,000 | 16651 NE Wasco St | Portland |
| Feb 2026 | 0.18 | $180,000 | SE Ash Pl | Portland |
| Feb 2026 | 0.10 | $360,000 | 132 SE 18th Ave | Portland |
| Feb 2026 | 0.18 | $180,000 | SE Ash Pl #10 | Portland |
| Jan 2026 | 0.44 | $250,000 | 5144 SW Northwood Ave | Portland |
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Jan 2026 | 0.23 | $100,000 | 10485 SE Martins St | Portland |
| Jan 2026 | 0.43 | $930,000 | 975 S Vacuna St | Portland |
| Jan 2026 | 0.36 | $451,250 | 13116 NE Sandy Blvd | Portland |
| Jan 2026 | 0.06 | $170,000 | SE Crystal Springs Blvd | Portland |
| Jan 2026 | 0.23 | $250,000 | 0 SE Sweetbriar Rd #1 | Troutdale |
| Jan 2026 | 0.71 | $249,900 | 0 SE Mally Rd | Gresham |
| Dec 2025 | 0.11 | $375,000 | 9563 N Polk Ave | Portland |
| Dec 2025 | 0.23 | $367,500 | 6635 SE Flavel St | Portland |
| Dec 2025 | 0.34 | $190,000 | 15606 NE Glisan St | Portland |
| Dec 2025 | 0.16 | $150,000 | 3905 SE 147th Ave | Portland |
| Dec 2025 | 0.72 | $675,000 | 10412 SE Division St | Portland |
| Dec 2025 | 0.11 | $405,000 | 5926 N Greeley Ave | Portland |
| Dec 2025 | 0.11 | $257,500 | 3120 SE 53rd Ave #7 | Portland |
| Dec 2025 | 0.12 | $285,000 | 3120 SE 53rd Ave #6 | Portland |
| Dec 2025 | 0.20 | $160,000 | 3015 SE 87th Ave | Portland |
| Dec 2025 | 0.11 | $1,000,000 | 1010 NE Weidler St | Portland |
| Dec 2025 | 0.07 | $60,000 | 5015 SE Rex Dr #27 | Portland |
| Dec 2025 | 0.23 | $360,000 | 3536 SE 60th Ave | Portland |
| Dec 2025 | 0.08 | $230,000 | 0 SE Alder St | Portland |
| Dec 2025 | 0.12 | $160,000 | 10218 N Tyler Ave | Portland |
| Dec 2025 | 0.22 | $180,000 | 3719 SW 12th Ave | Portland |
| Dec 2025 | 0.13 | $40,000 | NW Macleay Blvd Lot 2 | Portland |
| Nov 2025 | 0.07 | $105,000 | 3308 N Missouri Ave S | Portland |
| Nov 2025 | 0.04 | $175,000 | 5536 NE Flanders St | Portland |
| Nov 2025 | 0.48 | $70,000 | NW Mackay Ave | Portland |
| Nov 2025 | 0.12 | $625,000 | 3533 NE Hassalo St | Portland |
| Nov 2025 | 0.42 | $285,000 | 6336 SW Seymour St Unit B | Portland |
| Nov 2025 | 0.15 | $182,000 | 2230 SE 146th Ave | Portland |
| Nov 2025 | 0.20 | $250,000 | 3601 SE 76th Ave | Portland |
| Nov 2025 | 0.09 | $302,500 | 3180 SE 22nd Ave | Portland |
| Nov 2025 | 0.04 | $85,000 | 617 -619 NE Halsey Street | Portland |
| Oct 2025 | 0.11 | $156,750 | 4686 SW Fairvale Ct | Portland |
| Oct 2025 | 0.14 | $140,000 | 1335 NE 119th Ave Unit N | Portland |
| Oct 2025 | 0.10 | $149,000 | 4910 SW Vesta St #2 | Portland |
| Oct 2025 | 0.06 | $386,500 | 5275 N Vancouver Ave | Portland |
| Oct 2025 | 0.12 | $200,000 | 8162 N Druid Ave | Portland |
| Sep 2025 | 0.12 | $200,000 | 26 SW Abernethy St | Portland |
| Sep 2025 | 0.12 | $200,000 | 36 SW Abernethy St | Portland |
| Sep 2025 | 0.11 | $200,000 | 7506 SE Ellis St | Portland |
| Sep 2025 | 0.16 | $440,000 | 7420 N Wall Ave | Portland |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 803,863 |
| Population (2020) | 815,428 |
| Population Growth | -1.42% |
| Median Household Income | $86,247 |
| Median Home Value | $528,000 |
| Total Housing Units | 367,704 |
| Vacant Housing Units | 20,312 |
| Housing Vacancy Rate | 5.5% |
| Median Age | 38.5 |
| Bachelor's Degree or Higher | 175,476 (21.8%) |
| Unemployment Rate | 5.4% |
Market Overview
Multnomah County, Oregon has a population of 803,863, which has declined 1.42% since 2020. The median household income is $86,247, above the national median of $74,580 by 15.6%. The housing vacancy rate of 5.5% suggests tight market conditions. Multnomah County is part of Oregon's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $96,778 per acre, with properties averaging 134.80 acres. There are currently 189 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Multnomah County, Oregon?
As of the 2023 American Community Survey, Multnomah County has a population of 803,863. The county has declined 1.42% since the 2020 Census.
What is the median household income in Multnomah County?
The median household income in Multnomah County is $86,247, which is 15.6% above the national median of $74,580.
Is Multnomah County growing or shrinking?
Multnomah County is shrinking. The population has declined 1.42% since 2020.
What is the housing market like in Multnomah County?
The median home value in Multnomah County is $528,000. The housing vacancy rate is 5.5%, which suggests tight market conditions. The unemployment rate is 5.4%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $96,778 per acre. Suburban/urban lots under 1 acre have a median lot price of $237,950.
Does Reelvest buy land in Multnomah County, Oregon?
Yes! Reelvest Properties buys vacant land throughout Oregon, including Multnomah County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.