Home Value Trail

Multnomah County Part 2 Unincorporated Area, OR home price history and building permits

Multnomah CountyPortland-Vancouver-Hillsboro, OR-WAOregon

  • Price trail: Multnomah County
  • FHFA annual index 1975 to 2025
  • Developmental index
  • Permits through

The annual files of FHFA have no index for a city. The line on this page is the index of Multnomah County, the county of Multnomah County Part 2 Unincorporated Area. The FHFA annual house price index for Multnomah County increased by 60.7% from 2015 to 2025. Building permits in Multnomah County Part 2 Unincorporated Area authorized 40 housing units in the 12 months to August 2026.

2015

The annual files of FHFA have no index for a city. These figures are for the index of Multnomah County, the county of Multnomah County Part 2 Unincorporated Area.

+60.7%

From 2015 to 2025, the FHFA annual all-transactions index for Multnomah County increased by 60.7%.

From 2015 to 2025, the average change in each year is +4.9%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Multnomah County+60.7%
Portland-Vancouver-Hillsboro, OR-WA+78.7%
Oregon+85.5%
United States+85.0%
Multnomah County FHFA annual all-transactions index, 100 in 1975
  • Multnomah County
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span

This is the price trail of Multnomah County, not of Multnomah County Part 2 Unincorporated Area. The annual files of FHFA have no index for a city.

Index values for each year
FHFA annual all-transactions index for Multnomah County, 1975 to 2025
YearIndexChange from the year before
20251,698.16+0.3%
20241,692.55+1.2%
20231,671.72−2.0%
20221,706.51+10.4%
20211,545.13+10.8%
20201,395.02+2.2%
20191,364.60+1.9%
20181,338.85+3.7%
20171,290.96+7.3%
20161,203.01+13.9%
20151,056.62+9.7%
2014962.88+11.0%
2013867.51+7.9%
2012803.92+0.3%
2011801.39−5.8%
2010851.16−5.8%
2009903.99−8.9%
2008992.21−1.2%
20071,004.57+6.7%
2006941.29+16.9%
2005805.06+15.6%
2004696.67+8.4%
2003642.48+3.4%
2002621.65+4.9%
2001592.87+5.0%
2000564.76+5.3%
1999536.55+3.4%
1998518.79+4.3%
1997497.50+9.2%
1996455.76+8.4%
1995420.39+13.5%
1994370.47+8.8%
1993340.38+8.4%
1992314.07+7.3%
1991292.64+11.4%
1990262.74+17.0%
1989224.59+8.3%
1988207.41+2.7%
1987201.90+1.6%
1986198.71−1.5%
1985201.72−1.8%
1984205.33−0.2%
1983205.75+0.7%
1982204.36+2.7%
1981198.97−5.8%
1980211.11+6.6%
1979198.10+14.1%
1978173.65+24.7%
1977139.29+18.9%
1976117.13+17.1%
1975100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Multnomah County. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Multnomah County and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Multnomah County+0.3%+21.7%+60.7%+110.9%+200.7%+4.9%
Portland-Vancouver-Hillsboro, OR-WA+0.9%+31.1%+78.7%+114.7%+201.4%+6.0%
Oregon+0.9%+34.9%+85.5%+110.5%+199.8%+6.4%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

The annual files of FHFA have no index for Multnomah County Part 2 Unincorporated Area. The first row is the index of Multnomah County.

Building permits in Multnomah County Part 2 Unincorporated Area

In the 12 months to August 2026, building permits in Multnomah County Part 2 Unincorporated Area authorized 40 housing units. In the 12 months before, permits authorized 49 units.

Housing units authorized by month, latest 24 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in Multnomah County Part 2 Unincorporated Area, by month
MonthAll units1 unit2 or more units
Aug 2026000
Jul 2026000
Jun 2026110
May 2026532
Apr 2026110
Mar 2026110
Feb 2026220
Jan 2026110
Dec 2025000
Nov 2025000
Oct 202529290
Sep 2025000
Aug 2025000
Jul 2025000
Jun 2025330
May 2025110
Apr 2025110
Mar 2025000
Feb 2025000
Jan 202541338
Dec 2024220
Nov 2024000
Oct 2024000
Sep 2024110
Housing units authorized in the 12 months to August 2026, by size of building
FigureMultnomah County Part 2 Unincorporated AreaMultnomah CountyOregonUnited States
All units401,97315,3151,418,086
In buildings with 1 unit38 (95%)1,000 (51%)9,083 (59%)888,241 (63%)
In buildings with 2 units24850034,814
In buildings with 3 or 4 units01913817,298
In buildings with 5 or more units0 (0%)906 (46%)5,594 (37%)477,733 (34%)
Units for each 1,000 residentsn/a2.53.64.1
Change from the 12 months before−18.4%+8.7%+11.9%−0.1%
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in Multnomah County Part 2 Unincorporated Area, by year
YearAll units1 unit2 or more units
202547398
2024550
2023660
2022220
202110100
2020550
201910100
201812120
2017990
2016660
2015770
2014660
2013550
2012440
2011440
2010440
2009990
2008880
200712120
200622220
200518180
200415150
200311110
200224240
200117170
200029290
199928280
199827270
19971176156
199625250
199519190

A permit authorizes construction. It does not show that the work started or that it is complete. For a place that does not report each month, the Census Bureau imputes the monthly figures.

Agency pages

  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.
  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.

Each link loaded on .

Cite this page

Home Value Trail. Multnomah County Part 2 Unincorporated Area, OR home price history and building permits. https://homevaluetrail.com/city/or/multnomah-county-part-2-unincorporated-area/. Source: US Census Bureau, Building Permits Survey; Federal Housing Finance Agency, annual house price index for Multnomah County. FHFA release of .

Where the figures come from

Building permits
US Census Bureau, Building Permits Survey, place files through August 2026, permit office 365000. County, state and national figures from the county and state files.
Price trail
FHFA annual house price index for Multnomah County, 1975 to 2025. Release of March 31, 2026.
County of the place
The county code of the Building Permits Survey row, and the Census Bureau 2020 place by county file.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

What kinds of buildings have permits in Multnomah County Part 2 Unincorporated Area?
In the 12 months to August 2026, 38 units are in buildings with one unit. 2 units are in buildings with two to four units. 0 units are in buildings with five or more units.
How does the count compare with the 12 months before?
Permits authorized 49 housing units in the 12 months before. Permits authorized 40 housing units in the 12 months to August 2026. The count decreased by 18.4% between the two periods.
How many units have permits from 1995?
Permits in Multnomah County Part 2 Unincorporated Area authorized 523 housing units from 1995 to 2025. The year with the most units is 1997, with 117.