Portland 97210

Multnomah County, OR · 4,569 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

21affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
48.2%
severe
Days on market
21
daily
Price cuts
20.1%
of active
Valuation
-32.2%
vs assessor
Look up an address
27
/100
Weak
stable · seller slight · prices easing year-over-year.
Price trend
42
Affordability
10
Valuation
35
Economic health
21

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

74/ 100SellerBalancedBuyer
Negotiate Hard
Needs 37.8% correction for affordability
DOM: 64d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)75
Days on Market (5%)75

Moderate buyer leverage in 97210. Room to negotiate 5-10% below list. Payment burden: 48.3% of median income. A 28% price correction needed to reach 30% affordability threshold. Median days on market: 64. Renting is approximately 187% cheaper than buying (price-to-rent ratio: 34.4).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLESELLER SLIGHT

Market is holding steady with balanced conditions. Sellers hold a slight edge.

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Market snapshoteach number, once

Median price
$699,372
▾ 1.0% YoY
Days on market
21
daily · zip_data
Median rent
$1,692
ZORI
Investor score
28/100
cash-flow lens
Active listings
62
90-day

Valuation3 lenses, different anchors

vs assessor
-32.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$474,000
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+53.9%
County-wide market — the widest, slowest signal.
Multnomah+53.9%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$401
Price-to-income8.0×

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How 97210 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity81%
Supply tightness52%
Affordability15%
Investment yield25%
Appreciation20%

Affordability, supply & momentum

40SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply15.9 mo
Days on Market21d
Inv vs History-8.4%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,533
Payment burden48.2%
Median income · ZIP$87,942
Mortgage rate6.49% · 30yr
Total monthly own$4,232
Monthly rent$1,692
Market dynamics
Price cut %20.1%
Momentumstable
LeverageSELLER SLIGHT
Months of supply15.9
Sales (90d)0
Investment analysis
Median rent$1,692
Price-to-rent34.4
Est. cap rate1.9%
Buy vs rentfavors renting

Livability

Walk score47
Transit score27
Bike score

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Multnomah County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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