Portland 97230

Multnomah County, OR · 11,737 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

35affordability /100

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

Payment burden
39.7%
severe
Days on market
25
daily
Price cuts
20.8%
of active
Look up an address
34
/100
Weak
stable · seller slight · prices easing year-over-year.
Price trend
42
Affordability
25
Economic health
35

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

55/ 100SellerBalancedBuyer
Balanced Market
Needs 24.4% correction for affordability
DOM: 36d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)40

Balanced market in 97230. List price is roughly fair — focus on condition and value. Payment burden: 39.7% of median income. A 12% price correction needed to reach 30% affordability threshold. Median days on market: 36. Renting is approximately 114% cheaper than buying (price-to-rent ratio: 25.7).

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.

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$462,034
▾ 0.1% YoY
Days on market
25
daily · zip_data
Median rent
$1,499
ZORI
Investor score
35/100
cash-flow lens
Active listings
99
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$224
Price-to-income6.5×

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How 97230 ranks in OR
percentile vs all Oregon ZIPs · n=400
Market velocity75%
Supply tightness76%
Affordability36%
Investment yield57%
Appreciation35%

Affordability, supply & momentum

39SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.9 mo
Days on Market25d
Inv vs History+3.3%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,334
Payment burden39.7%
Median income · ZIP$70,582
Mortgage rate6.49% · 30yr
Total monthly own$2,796
Monthly rent$1,499
Market dynamics
Price cut %20.8%
Momentumstable
LeverageSELLER SLIGHT
Months of supply10.9
Sales (90d)0
Investment analysis
Median rent$1,499
Price-to-rent25.7
Est. cap rate2.5%
Buy vs rentfavors renting

Livability

Walk score10
Transit score14
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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