Portland Metro Housing Market Report
Report period: July 2026
Portland Metro Housing Market Report – July 2026
Portland Metro · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$577,342
−0.8%
Median DOM (Sales)
47
+7.5%
New Listings (Sales)
496
−75.6%
Median Rent
$1,694
+0.9%
Median DOM (Rental)
2
−1.9%
Total Rental Listings
8,181
+1.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (33 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 7 Beds ($1,801,630 median)
Sales Market Overview
Median Price
$581,767
−0.8%
Median DOM
46
+7.5%
New Listings
505
−75.6%
Inventory
8,281
−2.7%
- Average Price: $697,655
- Median Price: $581,767
- Price Range: $109,719 – $4,170,406
- Price per Sq Ft (Avg/Median): $326 / $312
- Square Footage (Avg/Median): 2,053 / 1,811
- Square Footage Range: 571 – 8,693
- Days on Market (Avg/Median): 68 / 46
- Days on Market Range: 2 – 334
- New Listings: 505
- Total Listings: 8,281
Sales by Property Type
Condo
Avg/Median Price$354,492 / $313,149Range$186,298 – $775,290Price per Sq Ft$312 / $301Sq Ft1,148 / 1,064DOM93 / 74New105Total1,849
Land
Avg/Median Price$745,407 / $551,565Range$311,928 – $1,748,664Price per Sq Ft—Sq Ft—DOM118 / 101New6Total297
Manufactured
Avg/Median Price$132,864 / $126,923Range$80,883 – $204,986Price per Sq Ft$115 / $106Sq Ft1,132 / 1,098DOM98 / 70New8Total219
Multi-Family
Avg/Median Price$1,195,417 / $876,909Range$689,650 – $2,596,863Price per Sq Ft$287 / $262Sq Ft3,930 / 3,291DOM83 / 55New14Total298
Single Family
Avg/Median Price$821,974 / $713,764Range$326,929 – $3,006,234Price per Sq Ft$336 / $320Sq Ft2,437 / 2,246DOM55 / 33New347Total4,979
Townhouse
Avg/Median Price$502,999 / $479,691Range$391,280 – $698,069Price per Sq Ft$313 / $304Sq Ft1,635 / 1,581DOM68 / 54New25Total639
Sales by Bedroom Count
Studio
Avg:$244,454Median:$234,221Range:$214,946 – $294,190PSF:$405 / $396Sq Ft:539 / 519DOM:121 / 106New:2Total:74
1 Beds
Avg:$301,655Median:$230,670Range:$164,739 – $735,042PSF:$329 / $306Sq Ft:907 / 696DOM:84 / 62New:29Total:512
2 Beds
Avg:$413,452Median:$368,425Range:$164,989 – $1,076,373PSF:$328 / $314Sq Ft:1,258 / 1,144DOM:78 / 55New:102Total:1,882
3 Beds
Avg:$666,373Median:$603,735Range:$275,545 – $1,944,715PSF:$334 / $324Sq Ft:1,961 / 1,826DOM:62 / 41New:187Total:2,621
4 Beds
Avg:$868,548Median:$781,386Range:$444,448 – $2,430,109PSF:$309 / $298Sq Ft:2,746 / 2,617DOM:64 / 44New:128Total:1,907
5 Beds
Avg:$1,067,686Median:$901,011Range:$606,558 – $2,593,000PSF:$300 / $287Sq Ft:3,435 / 3,165DOM:62 / 44New:42Total:734
6 Beds
Avg:$1,491,732Median:$1,267,285Range:$955,635 – $2,443,659PSF:$305 / $283Sq Ft:4,450 / 4,003DOM:86 / 61New:7Total:184
8 Beds
Avg:$1,266,100Median:$1,167,083Range:$976,422 – $1,506,077PSF:$272 / $274Sq Ft:4,085 / 4,096DOM:114 / 105New:1Total:32
7 Beds
Avg:$1,923,180Median:$1,801,630Range:$1,792,169 – $2,068,788PSF:$301 / $291Sq Ft:5,648 / 5,205DOM:120 / 108New:1Total:38
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $244,454 | $234,221 | $214,946 – $294,190 | $405 / $396 | 539 / 519 | 121 / 106 | 2 | 74 |
| 1 Beds | $301,655 | $230,670 | $164,739 – $735,042 | $329 / $306 | 907 / 696 | 84 / 62 | 29 | 512 |
| 2 Beds | $413,452 | $368,425 | $164,989 – $1,076,373 | $328 / $314 | 1,258 / 1,144 | 78 / 55 | 102 | 1,882 |
| 3 Beds | $666,373 | $603,735 | $275,545 – $1,944,715 | $334 / $324 | 1,961 / 1,826 | 62 / 41 | 187 | 2,621 |
| 4 Beds | $868,548 | $781,386 | $444,448 – $2,430,109 | $309 / $298 | 2,746 / 2,617 | 64 / 44 | 128 | 1,907 |
| 5 Beds | $1,067,686 | $901,011 | $606,558 – $2,593,000 | $300 / $287 | 3,435 / 3,165 | 62 / 44 | 42 | 734 |
| 6 Beds | $1,491,732 | $1,267,285 | $955,635 – $2,443,659 | $305 / $283 | 4,450 / 4,003 | 86 / 61 | 7 | 184 |
| 8 Beds | $1,266,100 | $1,167,083 | $976,422 – $1,506,077 | $272 / $274 | 4,085 / 4,096 | 114 / 105 | 1 | 32 |
| 7 Beds | $1,923,180 | $1,801,630 | $1,792,169 – $2,068,788 | $301 / $291 | 5,648 / 5,205 | 120 / 108 | 1 | 38 |
Rental Market Overview
Median Rent
$1,687
+0.9%
Median DOM
2
−1.9%
New Listings
3,061
Inventory
8,285
+1.0%
- Average Rent: $1,928
- Median Rent: $1,687
- Rent Range: $934 – $6,078
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 957 / 828
- Square Footage Range: 353 – 3,569
- Days on Market (Avg/Median): 29 / 2
- Days on Market Range: 1 – 316
- New Listings: 3,061
- Total Listings: 8,285
Rentals by Property Type
Apartment
$1,582
Median DOM: 11
Inventory: 6,314
MoM: +0.9%
Condo
$1,619
Median DOM: 2
Inventory: 422
MoM: +0.9%
Single Family
$2,789
Median DOM: 1
Inventory: 1,322
MoM: +0.9%
Townhouse
$2,240
Median DOM: 10
Inventory: 173
MoM: +0.9%
Apartment
Avg/Median Rent$1,692 / $1,582Range$967 – $4,625Rent per Sq Ft$2 / $2Sq Ft781 / 755DOM41 / 11New2,269Total6,314
Condo
Avg/Median Rent$1,793 / $1,619Range$1,287 – $2,761Rent per Sq Ft$2 / $2Sq Ft939 / 823DOM11 / 2New173Total422
Single Family
Avg/Median Rent$2,848 / $2,789Range$1,417 – $5,252Rent per Sq Ft$2 / $2Sq Ft1,582 / 1,439DOM8 / 1New551Total1,322
Townhouse
Avg/Median Rent$2,347 / $2,240Range$1,929 – $2,897Rent per Sq Ft$2 / $2Sq Ft1,238 / 1,115DOM21 / 10New57Total173
Multi-Family
Avg/Median Rent$2,087 / $1,973Range$1,940 – $2,264Rent per Sq Ft$2 / $2Sq Ft1,144 / 1,054DOM25 / 14New11Total53
Manufactured
Avg/Median Rent$1,945 / $1,945Range$1,945 – $1,945Rent per Sq Ft$2 / $2Sq Ft988 / 988DOM18 / 18New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,270Median:$1,228Range:$996 – $1,755PSF:$3 / $3Sq Ft:455 / 434DOM:51 / 22New:341Total:1,066
1 Beds
Avg:$1,529Median:$1,497Range:$1,055 – $2,541PSF:$2 / $2Sq Ft:659 / 648DOM:44 / 17New:1,181Total:3,138
2 Beds
Avg:$1,980Median:$1,872Range:$1,281 – $3,755PSF:$2 / $2Sq Ft:972 / 931DOM:31 / 5New:1,064Total:2,823
3 Beds
Avg:$3,029Median:$2,767Range:$1,970 – $5,045PSF:$2 / $2Sq Ft:1,534 / 1,419DOM:27 / 2New:307Total:891
4 Beds
Avg:$3,892Median:$3,506Range:$3,020 – $5,399PSF:$2 / $2Sq Ft:2,179 / 2,067DOM:17 / 1New:126Total:279
5 Beds
Avg:$4,200Median:$4,111Range:$3,917 – $4,527PSF:$2 / $1Sq Ft:3,038 / 2,942DOM:13 / 12New:36Total:74
6 Beds
Avg:$3,753Median:$3,703Range:$3,660 – $3,861PSF:$1 / $1Sq Ft:3,066 / 2,999DOM:6 / 3New:6Total:13
7 Beds
Avg:$4,700Median:$4,700Range:$4,700 – $4,700PSF:$2 / $2Sq Ft:2,440 / 2,440DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,270 | $1,228 | $996 – $1,755 | $3 / $3 | 455 / 434 | 51 / 22 | 341 | 1,066 |
| 1 Beds | $1,529 | $1,497 | $1,055 – $2,541 | $2 / $2 | 659 / 648 | 44 / 17 | 1,181 | 3,138 |
| 2 Beds | $1,980 | $1,872 | $1,281 – $3,755 | $2 / $2 | 972 / 931 | 31 / 5 | 1,064 | 2,823 |
| 3 Beds | $3,029 | $2,767 | $1,970 – $5,045 | $2 / $2 | 1,534 / 1,419 | 27 / 2 | 307 | 891 |
| 4 Beds | $3,892 | $3,506 | $3,020 – $5,399 | $2 / $2 | 2,179 / 2,067 | 17 / 1 | 126 | 279 |
| 5 Beds | $4,200 | $4,111 | $3,917 – $4,527 | $2 / $1 | 3,038 / 2,942 | 13 / 12 | 36 | 74 |
| 6 Beds | $3,753 | $3,703 | $3,660 – $3,861 | $1 / $1 | 3,066 / 2,999 | 6 / 3 | 6 | 13 |
| 7 Beds | $4,700 | $4,700 | $4,700 – $4,700 | $2 / $2 | 2,440 / 2,440 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Jan 2026
Median Price:$617,000Median DOM:79New:30Total:124
Feb 2026
Median Price:$551,370Median DOM:51New:1,497Total:6,155
Mar 2026
Median Price:$563,486Median DOM:38New:1,813Total:6,626
Apr 2026
Median Price:$578,080Median DOM:36New:2,065Total:7,325
May 2026
Median Price:$578,601Median DOM:37New:2,182Total:7,981
Jun 2026
Median Price:$581,708Median DOM:44New:2,029Total:8,338
Jul 2026
Median Price:$577,342Median DOM:47New:496Total:8,116
6-Month Rental Trend
Jan 2026
Median Rent:$1,875Median DOM:12New:63Total:120
Feb 2026
Median Rent:$1,726Median DOM:3New:3,758Total:7,586
Mar 2026
Median Rent:$1,707Median DOM:2New:3,695Total:7,430
Apr 2026
Median Rent:$1,687Median DOM:2New:4,107Total:7,785
May 2026
Median Rent:$1,667Median DOM:2New:4,244Total:7,875
Jun 2026
Median Rent:$1,678Median DOM:2New:4,332Total:8,100
Jul 2026
Median Rent:$1,694Median DOM:2New:3,035Total:8,181
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
ZIP Code Reports
Detailed reports for ZIP codes in Portland Metro.