Portland 97214

Multnomah County, OR · 8,145 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

20affordability /100

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

Payment burden
48.3%
severe
Days on market
9
daily
Price cuts
27.0%
of active
Valuation
-60.5%
vs assessor
Look up an address
35
/100
Weak
warming · seller advantage · prices rising year-over-year.
Price trend
75
Affordability
10
Valuation
20
Economic health
20

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

60/ 100SellerBalancedBuyer
Negotiate Hard
Needs 37.9% correction for affordability
DOM: 22d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)20

Moderate buyer leverage in 97214. 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: 22. Renting is approximately 188% cheaper than buying (price-to-rent ratio: 34.5).

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.
WARMINGSELLER ADVANTAGE

Market is warming with rising prices. Sellers are firmly in control.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$692,140
▴ 2.6% YoY
Days on market
9
daily · zip_data
Median rent
$1,674
ZORI
Investor score
35/100
cash-flow lens
Active listings
54
90-day

Valuation3 lenses, different anchors

vs assessor
-60.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$273,600
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$355
Price-to-income8.0×

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How 97214 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity95%
Supply tightness93%
Affordability14%
Investment yield25%
Appreciation82%

Affordability, supply & momentum

45SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.1 mo
Days on Market9d
Inv vs History+9.1%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,496
Payment burden48.3%
Median income · ZIP$86,879
Mortgage rate6.49% · 30yr
Total monthly own$4,188
Monthly rent$1,674
Market dynamics
Price cut %27.0%
Momentumwarming
LeverageSELLER ADVANTAGE
Months of supply10.1
Sales (90d)0
Investment analysis
Median rent$1,674
Price-to-rent34.5
Est. cap rate1.9%
Buy vs rentfavors renting

Livability

Walk score23
Transit score19
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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