Landydandy logo

Multnomah County, Oregon Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
240
Sold (12M)
139
Median Price
$300K
Market Condition
Strong Buyer's Market

Multnomah County, Oregon Market Meter

Buyer'sSeller's
Strong Buyer's Market

24.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$300K
Avg Price/Acre
$844K
Avg Days on Market
139
Months of Supply
24.0
YoY Price Change
-25.0%
New Listings (3M)
43

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--35
1-2 acres---1
2-5 acres1125
5-10 acres-234
10-20 acres----
20-50 acres-113
50-100 acres----
100+ acres----
TOTAL14918
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres5 sold / 16 listed
1-2 acres1 sold / 1 listed
2-5 acres5 sold / 3 listed
5-10 acres4 sold / 2 listed
20-50 acres3 sold / 0 listed
50-100 acres0 sold / 2 listed

Median Price by Acreage

$0$313K$625K
0- 1
1- 2
2- 5
5- 10
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$63.4M
Last 12 months
Active Listings
240
Current inventory
Avg Days on Market
139
Time to sell
Price Trend (YoY)
-25.0%
Year over year

Multnomah County, Oregon Land Market Analysis

How much is land worth in Multnomah County, Oregon?

The median price for land in Multnomah County, Oregon is currently $844K per acre. For a typical parcel, the median sale price is $300K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $89K while premium lots reached $861K.

Is now a good time to buy land in Multnomah County, Oregon?

Multnomah County, Oregon is currently a strong buyer's market with 24.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 25.0% year-over-year.

What is the months of supply for land in Multnomah County, Oregon?

Multnomah County, Oregon currently has 24.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Multnomah County, Oregon?

The 3-month absorption rate in Multnomah County, Oregon is 4.2%. The 12-month rate is 4.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Multnomah County, Oregon?

The median land price in Multnomah County, Oregon stands at $300K. This translates to roughly $844K per acre for the typical parcel size. The average price is $456K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Multnomah County, Oregon?

Land in Multnomah County, Oregon typically sells within 139 days of listing. The median time on market is 83 days. Properties are moving slowly in the current strong buyer's market.

What is the average price per acre in Multnomah County, Oregon?

Land in Multnomah County, Oregon averages $1.3M per acre. The median price per acre is $844K, which may be more representative of typical transactions. Most parcels sold are around 12,197 sq ft.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

Explore More Land Market Statistics

All States

Oregon Counties

Cities in Multnomah County