Portland 97217

Multnomah County, OR · 13,543 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

49affordability /100

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

Payment burden
30.8%
stretched
Days on market
10
daily
Price cuts
17.7%
of active
Look up an address
53
/100
Mixed
stable · seller advantage · prices easing year-over-year.
Price trend
42
Affordability
65
Economic health
49

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

53/ 100SellerBalancedBuyer
Balanced Market
DOM: 50d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)60

Balanced market in 97217. List price is roughly fair — focus on condition and value. Payment burden: 30.8% of median income. Median days on market: 50. Renting is approximately 112% cheaper than buying (price-to-rent ratio: 25.4).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLESELLER ADVANTAGE

Market is holding steady with balanced conditions. Sellers are firmly in control.

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Market snapshoteach number, once

Median price
$509,521
▾ 0.4% YoY
Days on market
10
daily · zip_data
Median rent
$1,672
ZORI
Investor score
35/100
cash-flow lens
Active listings
150
90-day

Valuation3 lenses, different anchors

vs assessor
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$0
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$309
Price-to-income5.1×

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How 97217 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity93%
Supply tightness65%
Affordability76%
Investment yield63%
Appreciation29%

Affordability, supply & momentum

40SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply16.5 mo
Days on Market10d
Inv vs History+6.4%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,574
Payment burden30.8%
Median income · ZIP$100,387
Mortgage rate6.49% · 30yr
Total monthly own$3,083
Monthly rent$1,672
Market dynamics
Price cut %17.7%
Momentumstable
LeverageSELLER ADVANTAGE
Months of supply16.5
Sales (90d)0
Investment analysis
Median rent$1,672
Price-to-rent25.4
Est. cap rate2.6%
Buy vs rentfavors renting

Livability

Walk score10
Transit score21
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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