Portland 97220

Multnomah County, OR · 9,890 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

37affordability /100

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

Payment burden
38%
severe
Days on market
16
daily
Price cuts
22.9%
of active
Look up an address
34
/100
Weak
stable · seller slight · prices easing year-over-year.
Price trend
42
Affordability
25
Economic health
37

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

52/ 100SellerBalancedBuyer
Balanced Market
Needs 21.1% correction for affordability
DOM: 40d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)40

Balanced market in 97220. List price is roughly fair — focus on condition and value. Payment burden: 38.1% of median income. A 8% price correction needed to reach 30% affordability threshold. Median days on market: 40. Renting is approximately 86% cheaper than buying (price-to-rent ratio: 22.3).

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

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

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Market snapshoteach number, once

Median price
$432,981
▾ 0.2% YoY
Days on market
16
daily · zip_data
Median rent
$1,617
ZORI
Investor score
43/100
cash-flow lens
Active listings
57
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$243
Price-to-income6.3×

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How 97220 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity88%
Supply tightness79%
Affordability42%
Investment yield76%
Appreciation33%

Affordability, supply & momentum

49SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply9.5 mo
Days on Market16d
Inv vs History-2.5%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,187
Payment burden38%
Median income · ZIP$68,976
Mortgage rate6.49% · 30yr
Total monthly own$2,620
Monthly rent$1,617
Market dynamics
Price cut %22.9%
Momentumstable
LeverageSELLER SLIGHT
Months of supply9.5
Sales (90d)0
Investment analysis
Median rent$1,617
Price-to-rent22.3
Est. cap rate2.9%
Buy vs rentfavors renting

Livability

Walk score11
Transit score26
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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