ZIP 97006 Housing Market Report
Portland Metro
Report period: August 2026
97006 Monthly Market Update – August 2026
ZIP 97006 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$374,900
−0.0%
Median DOM (Sales)
55
0.0%
New Listings (Sales)
14
−72.0%
Median Rent
$2,002
+3.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
414
−2.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (35 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($769,900 median)
Sales Market Overview
Median Price
$374,900
−0.0%
Median DOM
55
0.0%
New Listings
14
−72.0%
Inventory
248
+1.2%
- Average Price: $441,880
- Median Price: $374,900
- Price Range: $49,000 – $1,250,000
- Price per Sq Ft (Avg/Median): $261 / $265
- Square Footage (Avg/Median): 1,659 / 1,512
- Square Footage Range: 650 – 4,396
- Days on Market (Avg/Median): 80 / 55
- Days on Market Range: 2 – 363
- New Listings: 14
- Total Listings: 248
Sales by Property Type
Condo
Avg/Median Price$293,166 / $284,990Range$167,500 – $450,000Price per Sq Ft$258 / $253Sq Ft1,165 / 1,104DOM111 / 73New2Total68
Manufactured
Avg/Median Price$167,967 / $155,000Range$49,000 – $302,000Price per Sq Ft$120 / $123Sq Ft1,388 / 1,344DOM118 / 108New0Total41
Single Family
Avg/Median Price$685,715 / $650,000Range$419,000 – $1,250,000Price per Sq Ft$322 / $319Sq Ft2,185 / 2,184DOM58 / 45New7Total97
Townhouse
Avg/Median Price$386,903 / $375,000Range$319,900 – $515,000Price per Sq Ft$258 / $255Sq Ft1,510 / 1,456DOM51 / 35New5Total42
Sales by Bedroom Count
1 Beds
Avg:$258,817Median:$229,000Range:$199,900 – $419,000PSF:$340 / $294Sq Ft:761 / 742DOM:57 / 39New:0Total:6
2 Beds
Avg:$283,899Median:$284,990Range:$49,000 – $549,000PSF:$238 / $253Sq Ft:1,211 / 1,219DOM:103 / 74New:3Total:80
3 Beds
Avg:$425,209Median:$419,900Range:$89,000 – $1,070,000PSF:$260 / $273Sq Ft:1,609 / 1,566DOM:74 / 44New:9Total:107
4 Beds
Avg:$692,733Median:$679,900Range:$120,000 – $1,250,000PSF:$290 / $301Sq Ft:2,344 / 2,337DOM:60 / 51New:1Total:42
5 Beds
Avg:$844,104Median:$769,900Range:$690,000 – $1,089,000PSF:$277 / $261Sq Ft:3,084 / 2,966DOM:70 / 45New:1Total:12
6 Beds
Avg:$599,990Median:$599,990Range:$599,990 – $599,990PSF:$247 / $247Sq Ft:2,428 / 2,428DOM:122 / 122New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $258,817 | $229,000 | $199,900 – $419,000 | $340 / $294 | 761 / 742 | 57 / 39 | 0 | 6 |
| 2 Beds | $283,899 | $284,990 | $49,000 – $549,000 | $238 / $253 | 1,211 / 1,219 | 103 / 74 | 3 | 80 |
| 3 Beds | $425,209 | $419,900 | $89,000 – $1,070,000 | $260 / $273 | 1,609 / 1,566 | 74 / 44 | 9 | 107 |
| 4 Beds | $692,733 | $679,900 | $120,000 – $1,250,000 | $290 / $301 | 2,344 / 2,337 | 60 / 51 | 1 | 42 |
| 5 Beds | $844,104 | $769,900 | $690,000 – $1,089,000 | $277 / $261 | 3,084 / 2,966 | 70 / 45 | 1 | 12 |
| 6 Beds | $599,990 | $599,990 | $599,990 – $599,990 | $247 / $247 | 2,428 / 2,428 | 122 / 122 | 0 | 1 |
Rental Market Overview
Median Rent
$2,002
+3.9%
Median DOM
1
0.0%
New Listings
198
Inventory
414
−2.6%
- Average Rent: $2,070
- Median Rent: $2,002
- Rent Range: $1,178 – $4,014
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,054 / 1,005
- Square Footage Range: 270 – 3,100
- Days on Market (Avg/Median): 14 / 1
- Days on Market Range: 1 – 343
- New Listings: 198
- Total Listings: 414
Rentals by Property Type
Apartment
$1,895
Median DOM: 1
Inventory: 303
MoM: +3.9%
Condo
$1,745
Median DOM: 1
Inventory: 25
MoM: +3.9%
Single Family
$2,550
Median DOM: 1
Inventory: 74
MoM: +3.9%
Townhouse
$2,295
Median DOM: 1
Inventory: 12
MoM: +3.9%
Apartment
Avg/Median Rent$1,947 / $1,895Range$1,178 – $4,014Rent per Sq Ft$2 / $2Sq Ft903 / 900DOM13 / 1New151Total303
Condo
Avg/Median Rent$1,881 / $1,745Range$1,345 – $2,995Rent per Sq Ft$2 / $2Sq Ft985 / 893DOM27 / 1New11Total25
Single Family
Avg/Median Rent$2,604 / $2,550Range$1,425 – $3,799Rent per Sq Ft$2 / $2Sq Ft1,642 / 1,556DOM11 / 1New31Total74
Townhouse
Avg/Median Rent$2,277 / $2,295Range$1,532 – $2,695Rent per Sq Ft$2 / $2Sq Ft1,362 / 1,250DOM17 / 1New5Total12
Rentals by Bedroom Count
Studio
Avg:$1,607Median:$1,609Range:$1,310 – $2,039PSF:$4 / $3Sq Ft:476 / 484DOM:65 / 1New:6Total:15
1 Beds
Avg:$1,740Median:$1,629Range:$1,345 – $2,954PSF:$2 / $2Sq Ft:718 / 696DOM:5 / 1New:56Total:110
2 Beds
Avg:$2,008Median:$1,996Range:$1,178 – $2,995PSF:$2 / $2Sq Ft:1,028 / 1,024DOM:14 / 1New:106Total:199
3 Beds
Avg:$2,564Median:$2,495Range:$2,095 – $4,014PSF:$2 / $2Sq Ft:1,471 / 1,388DOM:11 / 1New:24Total:68
4 Beds
Avg:$2,996Median:$2,995Range:$2,515 – $3,450PSF:$2 / $2Sq Ft:2,011 / 2,044DOM:26 / 1New:6Total:19
5 Beds
Avg:$3,596Median:$3,495Range:$3,495 – $3,799PSF:$2 / $2Sq Ft:2,421 / 2,081DOM:6 / 1New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,607 | $1,609 | $1,310 – $2,039 | $4 / $3 | 476 / 484 | 65 / 1 | 6 | 15 |
| 1 Beds | $1,740 | $1,629 | $1,345 – $2,954 | $2 / $2 | 718 / 696 | 5 / 1 | 56 | 110 |
| 2 Beds | $2,008 | $1,996 | $1,178 – $2,995 | $2 / $2 | 1,028 / 1,024 | 14 / 1 | 106 | 199 |
| 3 Beds | $2,564 | $2,495 | $2,095 – $4,014 | $2 / $2 | 1,471 / 1,388 | 11 / 1 | 24 | 68 |
| 4 Beds | $2,996 | $2,995 | $2,515 – $3,450 | $2 / $2 | 2,011 / 2,044 | 26 / 1 | 6 | 19 |
| 5 Beds | $3,596 | $3,495 | $3,495 – $3,799 | $2 / $2 | 2,421 / 2,081 | 6 / 1 | 0 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$349,000Median DOM:51New:44Total:202
Apr 2026
Median Price:$359,000Median DOM:47New:59Total:223
May 2026
Median Price:$369,000Median DOM:45New:56Total:242
Jun 2026
Median Price:$390,000Median DOM:51New:53Total:247
Jul 2026
Median Price:$375,000Median DOM:55New:50Total:245
Aug 2026
Median Price:$374,900Median DOM:55New:14Total:248
6-Month Rental Trend
Mar 2026
Median Rent:$1,850Median DOM:1New:188Total:305
Apr 2026
Median Rent:$1,842Median DOM:1New:204Total:339
May 2026
Median Rent:$1,824Median DOM:1New:248Total:370
Jun 2026
Median Rent:$1,875Median DOM:1New:264Total:425
Jul 2026
Median Rent:$1,926Median DOM:1New:273Total:425
Aug 2026
Median Rent:$2,002Median DOM:1New:198Total:414
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, while total rental inventory tightened.
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.
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