The median sales price for homes in Multnomah for Aug 13 to Nov 13 was $294,250. This represents a decline of 14.4%, or $49,350, compared to the prior quarter and an increase of 10.8% compared to the prior year. Sales prices have depreciated 3.5% over the last 5 years in Multnomah, Portland. The median sales price of $294,250 for Multnomah is 1.59% lower than the median sales price for Portland OR. Average listing price for homes on Trulia in Multnomah was $352,243 for the week ending Nov 27, which represents an increase of 3.5%, or $12,009 compared to the prior week and an increase of 0.2%, or $810, compared to the week ending Nov 06. Average price per square foot for homes in Multnomah was $212 in the most recent quarter, which is 1.85% lower than the average price per square foot for homes in Portland.