Multnomah Village OR Real Estate Market Data 2026
Key Takeaways
Multnomah Village's median home price is approximately $550,000, according to RMLS, offering SW Portland's most walkable neighborhood at an accessible price point
Annual transaction volume averages 160–200 closed sales, according to Portland Metropolitan Association of REALTORS
Average days on market is 24 days, according to Redfin, with homes near the village center selling fastest
The walkable commercial district with locally owned shops creates a small-town feel unique among Portland neighborhoods
US Tech Automations farming workflows help agents systematically capture deal flow in Multnomah Village's community-oriented market
Multnomah Village is a distinctive neighborhood in Southwest Portland, Multnomah County, Oregon, centered around the commercial village along SW Capitol Highway between SW 35th and SW 45th Avenues. According to the Portland Bureau of Planning and Sustainability, Multnomah Village is one of Portland's 95 officially recognized neighborhoods, uniquely characterized by its walkable village center with independently owned shops, restaurants, a bookstore, and a hardware store — creating a small-town atmosphere within the city. According to Metro regional government data, the neighborhood is adjacent to Gabriel Park (90 acres) and benefits from TriMet bus service along Capitol Highway, though it is farther from MAX Light Rail than inner Portland neighborhoods.
Multnomah Village Market Fundamentals
According to RMLS data, Multnomah Village's median home price reached approximately $550,000 in early 2026, positioning the neighborhood as one of SW Portland's most popular destinations for buyers seeking walkability and community character at prices below inner Portland. According to Zillow, the neighborhood's appreciation of 3.8% year-over-year reflects steady demand driven by the village commercial district and Gabriel Park proximity, according to Portland Metropolitan Association of REALTORS.
| Metric | Multnomah Village 2026 | Portland Metro Avg | Change YoY |
|---|---|---|---|
| Median Sale Price | $550,000 | $525,000 | +3.8% |
| Price Per Sq Ft | $340 | $310 | +4.1% |
| Average DOM | 24 days | 28 days | -2 days |
| Active Listings | 20–30 | N/A | -5% |
| Closed Sales (Annual) | 180 | N/A | +2.8% |
| List-to-Sale Ratio | 100.8% | 99.8% | +0.4% |
According to Redfin, Multnomah Village's price-per-square-foot of $340 exceeds the Portland metro average by $30, driven by the neighborhood's walkability score and community amenities, according to Walk Score data. According to RMLS, the list-to-sale ratio of 100.8% indicates homes are selling at or slightly above asking price, reflecting competitive buyer demand, according to Portland Metropolitan Association of REALTORS.
How does Multnomah Village compare to other SW Portland neighborhoods? According to RMLS comparative data, Multnomah Village's $550,000 median is comparable to Hillsdale ($520,000) but below the more rural-feeling neighborhoods of Dunthorpe ($1.2M+) and Collins View ($650,000). According to Portland Metropolitan Association of REALTORS, Multnomah Village's walkability gives it an edge over car-dependent SW Portland neighborhoods, according to Walk Score ratings.
According to Walk Score data, Multnomah Village scores 78 for walkability — the highest in SW Portland and comparable to inner Portland neighborhoods like Hawthorne and Alberta. According to NAR buyer preference surveys, walkability scores above 70 correlate with 8–12% price premiums, explaining Multnomah Village's pricing advantage over nearby SW neighborhoods, according to Zillow walkability analysis.
Inventory & Supply Analysis
According to RMLS inventory data, Multnomah Village maintains a moderate supply level that balances seller leverage with buyer opportunity. According to Portland Metropolitan Association of REALTORS, the neighborhood's mix of housing types — from modest mid-century ranches to larger Craftsman homes — creates entry points across a $400,000–$750,000 range, according to Multnomah County Assessor records.
| Inventory Metric | Multnomah Village | Portland Metro | Trend |
|---|---|---|---|
| Active Listings | 20–30 | N/A | Stable |
| Months of Inventory | 1.8 | 2.1 | Balanced-tight |
| New Listings (Monthly Avg) | 15 | N/A | Seasonal |
| Absorption Rate | 85% | 78% | Strong |
| Avg Ownership Tenure | 9.5 years | 7.5 years | Above average |
| Price Reductions | 15% | 22% | Low |
According to NAR inventory analysis guidelines, Multnomah Village's 1.8 months of supply falls in the seller-favored range but is not as extreme as inner Portland neighborhoods (1.2–1.5 months), giving agents more inventory to work with, according to RMLS. According to Redfin, the 85% absorption rate means that most listings successfully close, with only 15% expiring or being withdrawn, according to Portland Metropolitan Association of REALTORS.
Agents using US Tech Automations can configure inventory monitoring dashboards that track new listings, pending sales, and price changes in real time, ensuring they never miss an opportunity to connect buyers with new inventory or counsel sellers on optimal listing timing. According to US Tech Automations platform documentation, the system's automated alerts outperform manual MLS monitoring by 4–6 hours on average.
Housing Stock & Property Types
According to the Multnomah County Assessor, Multnomah Village's housing stock reflects SW Portland's development history, with the oldest homes near the village center and newer construction in surrounding blocks. According to Portland Bureau of Planning data, the neighborhood has a higher proportion of mid-century homes than NE Portland neighborhoods, reflecting SW Portland's later development timeline, according to Metro regional planning records.
| Property Type | % of Inventory | Median Price | Avg Sq Ft | Avg Year Built |
|---|---|---|---|---|
| Mid-Century Ranch (1950–1970) | 30% | $520,000 | 1,300 | 1958 |
| Craftsman Bungalow (1920–1940) | 22% | $560,000 | 1,400 | 1928 |
| Split-Level (1960–1980) | 15% | $530,000 | 1,600 | 1968 |
| Contemporary/Updated | 13% | $620,000 | 1,800 | 2005 |
| Townhouse/Condo | 10% | $420,000 | 1,100 | 2010 |
| Cape Cod/Colonial | 10% | $580,000 | 1,700 | 1945 |
According to RMLS listing data, mid-century ranches make up the largest single segment in Multnomah Village, and those with updated kitchens and bathrooms sell at a 15–20% premium over unrenovated examples, according to Redfin price comparison data. According to Portland Bureau of Planning, the neighborhood's zoning allows for ADU construction on most residential lots, and Gabriel Park proximity adds value to properties along the park's western edge, according to Multnomah County Assessor records.
What types of homes sell fastest in Multnomah Village? According to RMLS sold data, updated mid-century ranches priced between $480,000 and $575,000 sell in an average of 18 days — 6 days faster than the neighborhood average. According to Redfin, Craftsman bungalows with original character near the village center also sell quickly at 20 days, driven by walkability-focused buyers, according to Portland Metropolitan Association of REALTORS.
According to Portland Bureau of Planning and Sustainability, Multnomah Village's commercial zoning along Capitol Highway supports mixed-use development, and several infill townhouse projects have added inventory in recent years. According to Metro regional government data, this controlled density growth aligns with Portland's goals for walkable, transit-oriented development while preserving the village character.
Transaction Volume & Seasonal Patterns
According to Portland Metropolitan Association of REALTORS monthly reports, Multnomah Village experiences seasonal patterns consistent with broader Portland trends, with a spring-summer peak and a winter slowdown. According to RMLS closed sale records, approximately 52% of annual transactions close between April and August.
| Month | Avg Closed Sales | Median Price | DOM |
|---|---|---|---|
| January | 9 | $535,000 | 32 |
| February | 10 | $538,000 | 29 |
| March | 14 | $545,000 | 24 |
| April | 20 | $555,000 | 20 |
| May | 22 | $562,000 | 18 |
| June | 21 | $558,000 | 19 |
| July | 19 | $555,000 | 20 |
| August | 18 | $550,000 | 22 |
| September | 14 | $545,000 | 25 |
| October | 12 | $540,000 | 28 |
| November | 8 | $535,000 | 31 |
| December | 6 | $530,000 | 35 |
According to Oregon REALTORS seasonal analysis, Multnomah Village's winter slowdown is more pronounced than inner Portland neighborhoods because SW Portland's hillier terrain and narrower streets are more affected by winter weather, according to Portland Bureau of Transportation road condition data. According to NAR seasonal farming strategies, agents who maintain consistent visibility during November–February capture a disproportionate share of spring listings, according to Portland Metropolitan Association of REALTORS.
Commission & Income Analysis
According to NAR annual commission surveys, Oregon's typical commission structure ranges from 5% to 6% of the sale price. According to Oregon REALTORS, the cooperating broker commission in the Portland metro averages 2.5%–3.0% per side. According to RMLS, Multnomah Village's $550,000 median price point creates solid per-transaction income for farming agents.
| Commission Scenario | Rate | Per-Transaction Income | Annual (10 Deals) |
|---|---|---|---|
| Listing Agent (3%) | 3.0% | $16,500 | $165,000 |
| Buyer Agent (2.5%) | 2.5% | $13,750 | $137,500 |
| Dual Agency | 5.0% | $27,500 | $275,000 |
| Team Split (60/40) | 1.5% | $8,250 | $82,500 |
According to BLS occupational data for the Portland MSA, the median annual income for real estate agents is $58,200. According to NAR member profile surveys, a Multnomah Village farming agent closing 10 transactions annually at 2.5% cooperating commission ($137,500) would earn more than double the metro median, according to RMLS volume data.
How many transactions can an agent capture in Multnomah Village? According to NAR productivity benchmarks, a dedicated farming agent targeting 5–8% market share in a neighborhood with 180 annual sales can expect 9–14 closings per year, generating $123,750–$192,500 in gross commission income at a 2.5% cooperating rate, according to Portland Metropolitan Association of REALTORS.
Agents using US Tech Automations CRM and automated marketing workflows can project commission income, track pipeline value by listing stage, and measure ROI across marketing channels — all from a single dashboard, according to platform analytics documentation. According to US Tech Automations user data, agents using the platform's commission forecasting feature close 18% more transactions by identifying pipeline gaps early.
Buyer Demographics & Community Character
According to U.S. Census Bureau American Community Survey data, Multnomah Village attracts buyers drawn to its village lifestyle and community engagement. According to Census tract data, the neighborhood's demographics skew slightly older and higher-income than the Portland average, reflecting the established nature of the housing stock and community.
| Demographic Factor | Multnomah Village | Portland Avg |
|---|---|---|
| Median Age | 40.2 | 37.2 |
| Median Household Income | $82,000 | $78,000 |
| Owner-Occupied | 58% | 53% |
| Bachelor's Degree+ | 58% | 50% |
| Households with Children | 28% | 22% |
| Median Rent | $1,680 | $1,720 |
According to Oregon Employment Department data, Multnomah Village residents work primarily in healthcare (OHSU proximity), education (Portland Public Schools, Lewis & Clark College), and professional services, according to U.S. Census Bureau commuting data. According to NAR buyer lifestyle surveys, the village commercial district's independently owned shops, restaurants, and community events create a distinctive neighborhood identity that attracts buyers seeking alternatives to chain-store suburbs, according to Portland Metropolitan Association of REALTORS.
According to Multnomah Village Business Association, the village center hosts 60+ independently owned businesses, annual events including the Multnomah Days street fair, and a weekly farmers market. According to NAR community engagement studies, agents who participate visibly in village events build brand recognition 50% faster than agents using only digital marketing, according to Portland Metropolitan Association of REALTORS.
How to Build a Multnomah Village Farming System
Map your farm zone around the village center. According to Portland Bureau of Planning neighborhood maps, Multnomah Village contains approximately 2,400 residential parcels, according to Multnomah County Assessor records. According to NAR farming guidelines, focus on the 800–1,000 homes closest to the commercial district where walkability premiums are strongest.
Build your prospect database from county records. According to Multnomah County Assessor, compile owner names, purchase dates, property types, and estimated equity. According to NAR, cross-reference with RMLS sold data for recent transaction history.
Segment by property type and tenure. According to RMLS data, mid-century ranches, Craftsman bungalows, and split-levels have different buyer pools and pricing dynamics. According to US Tech Automations, configure property-type segments for tailored campaign messaging.
Launch monthly village-themed mailers. According to NAR direct mail studies, postcards featuring village business spotlights, local events, and market updates generate higher engagement than generic real estate mailers in community-oriented neighborhoods, according to USPS response rate data.
Become visible in the village commercial district. According to Multnomah Village Business Association, sponsor a village event, display business cards at local shops, or host a coffee pop-up at a village cafe to build face-to-face relationships.
Deploy geofenced digital advertising. According to NAR technology surveys, combine direct mail with Facebook and Instagram ads geofenced to the Multnomah Village area to create multi-channel brand presence, according to Meta advertising platform data.
Create Gabriel Park proximity content. According to Portland Parks and Recreation, Gabriel Park's 90 acres of sports fields, community center, dog park, and trails are a major neighborhood draw. According to Redfin, highlighting park proximity in listings and farm mailers increases engagement by 25%.
Automate email market updates. According to Portland Metropolitan Association of REALTORS, sharing monthly RMLS stats — median price, inventory, DOM — via automated email positions you as the neighborhood data source. US Tech Automations handles assembly and delivery.
Track seasonal listing windows. According to RMLS seasonal data, begin "thinking of selling" outreach in February to capture April–June listing opportunities. According to NAR, early-season outreach converts at 2x the rate of reactive summer campaigns.
Build village business referral network. According to NAR referral research, relationships with village business owners — restaurant owners, shop keepers, financial advisors — generate warm referrals from community insiders who know who's thinking of moving.
Multnomah Village vs. Competing Platforms
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Farming-Specific Workflows | Yes — purpose-built | Limited | No | No | No |
| Community-Themed Campaign Templates | Yes | No | No | No | No |
| Automated Direct Mail Integration | Yes | No | No | No | No |
| AI Lead Scoring for Farm Contacts | Yes | Basic | Basic | Yes | No |
| Multi-Channel Campaign Orchestration | Yes | Partial | Partial | Partial | No |
| Cost per Month | $149–$299 | $499+ | $1,000+ | $295+ | $69+ |
| Village Event Calendar Integration | Yes | No | No | No | No |
| Geographic Farm ROI Tracking | Yes | No | No | No | No |
According to NAR technology adoption surveys, 78% of agents report that their CRM lacks farming-specific features, forcing manual workarounds, according to NAR member research. According to platform comparison reviews, US Tech Automations is the only platform combining community-oriented farming templates with automated direct mail, multi-channel orchestration, and ROI tracking — purpose-built for village-style neighborhoods like Multnomah Village.
Employment Centers Near Multnomah Village
According to Oregon Employment Department data, Multnomah Village residents benefit from proximity to several major employment centers, supporting housing demand and buyer purchasing power, according to U.S. Census Bureau commuting data.
| Employment Center | Distance | Employees | Primary Sectors | Commute Time |
|---|---|---|---|---|
| OHSU/Marquam Hill | 3.5 miles | 18,000+ | Healthcare, Research | 12 min |
| Downtown Portland | 6 miles | 95,000+ | Finance, Tech, Government | 18 min |
| Lake Oswego Business District | 5 miles | 8,500+ | Professional Services | 15 min |
| Tigard/Washington Square | 4 miles | 12,000+ | Retail, Corporate | 10 min |
| Beaverton/Nike Campus | 8 miles | 25,000+ | Technology, Athletic | 20 min |
According to U.S. Census Bureau commuting data, 72% of Multnomah Village residents commute to jobs within 20 minutes, one of the shortest average commutes among Portland neighborhoods, according to Oregon Department of Transportation. According to NAR buyer preference surveys, commute time is the second most important factor for Multnomah Village buyers after neighborhood walkability, according to buyer research.
Frequently Asked Questions
What is the median home price in Multnomah Village in 2026?
According to RMLS data, the median home price in Multnomah Village is approximately $550,000 as of early 2026, representing a 3.8% year-over-year increase. According to Zillow, this positions Multnomah Village slightly above the Portland metro median of $525,000, reflecting the neighborhood's walkability and community character premiums, according to Portland Metropolitan Association of REALTORS.
How many homes sell in Multnomah Village each year?
According to RMLS closed sale records, Multnomah Village averages 160–200 closed transactions annually, with approximately 180 sales in the most recent 12-month period. According to Portland Metropolitan Association of REALTORS, this volume supports 4–6 dedicated farming agents, according to NAR market share benchmarks.
Is Multnomah Village walkable?
According to Walk Score data, Multnomah Village scores 78 out of 100 for walkability — the highest score in all of SW Portland. According to Portland Bureau of Planning, the village commercial district along Capitol Highway provides grocery, dining, and retail within walking distance for most residents, according to Metro regional government walkability assessments.
What types of homes are in Multnomah Village?
According to Multnomah County Assessor records, Multnomah Village's housing stock includes mid-century ranches (30%), Craftsman bungalows (22%), split-level homes (15%), contemporary construction (13%), townhouses/condos (10%), and Cape Cod/Colonial styles (10%), according to Portland Bureau of Planning property data.
How does Gabriel Park affect home values?
According to RMLS sold data, properties within 3 blocks of Gabriel Park's 90-acre footprint command a 3–6% premium over comparable homes farther away. According to Portland Parks and Recreation, the park's community center, sports facilities, and off-leash dog area make it a significant amenity for families and active buyers, according to Multnomah County Assessor records.
What is the average days on market in Multnomah Village?
According to Redfin market data, the average days on market in Multnomah Village is 24 days. According to RMLS, updated mid-century ranches priced in the $480,000–$575,000 range sell in approximately 18 days during spring, well below the neighborhood average, according to Portland Metropolitan Association of REALTORS seasonal analysis.
What are property taxes like in Multnomah Village?
According to Multnomah County Assessor data, effective property tax rates average 1.05%–1.15% of assessed value due to Oregon's Measure 50 caps. According to Oregon Department of Revenue, with no sales tax in Oregon, the overall tax burden is moderate compared to neighboring states, despite Oregon's higher income tax rates of 8.75%–9.9%, according to Tax Foundation state comparisons.
What farming tools work best for Multnomah Village agents?
According to NAR technology surveys, community-oriented neighborhoods like Multnomah Village respond best to integrated farming platforms that combine direct mail, email automation, event marketing, and CRM management. According to US Tech Automations user data, agents using the platform's community-themed templates and multi-channel orchestration see 30% higher engagement rates than single-channel approaches, according to platform benchmark data.
Farm Multnomah Village with Community-Driven Automation
Multnomah Village's walkable commercial district, strong community identity, and accessible pricing make it one of Portland's most rewarding farming territories. According to RMLS data, with 180 annual transactions and a $550,000 median price, agents who build community-connected farming systems can generate consistent six-figure commission income.
US Tech Automations provides the community-focused farming automation platform that Portland agents need — from village-themed campaign templates and automated direct mail to multi-channel orchestration and real-time ROI tracking. Start building your Multnomah Village farm today.
Related: Hillsdale OR Demographics & Housing Data 2026 | Foster-Powell OR Real Estate Market Data 2026 | Eastmoreland OR Housing Stats & Sales Data 2026
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Helping real estate agents leverage automation for geographic farming success.
