What the Pros Know
Market Snapshot
Zip Code 97231 | Multnomah County, OR
3,835
Population
YoY
202253
Median Age
YoY
2022$116,189
Median Household Income
YoY
2022$827,000
Median Sale Price
5.8% MoM
16.1% YoY
6/202514
Homes Sold
12.5% MoM
22.2% YoY
6/20252.4
Months Inventory
17.9% MoM
38.2% YoY
6/202544
Days on Market
12 MoM
2 YoY
6/202533
Listings
3.1% MoM
3.1% YoY
6/2025332
Price per Sq Ft
13.6% MoM
10.1% YoY
6/2025
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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