ZIP 97006 Housing Market Report

Portland Metro

Report period: July 2026

97006 Monthly Market Update – July 2026

ZIP 97006 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$390,000
0.0%
Median DOM (Sales)
53
+3.9%
New Listings (Sales)
13
−75.5%
Median Rent
$1,892
+0.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
426
+0.2%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (28 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($814,900 median)

Sales Market Overview

Median Price
$390,000
0.0%
Median DOM
53
+3.9%
New Listings
13
−75.5%
Inventory
238
−3.6%
  • Average Price: $448,929
  • Median Price: $390,000
  • Price Range: $50,000 – $1,250,000
  • Price per Sq Ft (Avg/Median): $266 / $270
  • Square Footage (Avg/Median): 1,658 / 1,530
  • Square Footage Range: 650 – 4,396
  • Days on Market (Avg/Median): 80 / 53
  • Days on Market Range: 2 – 363
  • New Listings: 13
  • Total Listings: 238

Sales by Property Type

Condo
Avg/Median Price$296,106 / $299,000Range$160,000 – $465,000Price per Sq Ft$262 / $259Sq Ft1,165 / 1,104DOM126 / 85New1Total62
Manufactured
Avg/Median Price$158,672 / $149,900Range$50,000 – $279,000Price per Sq Ft$115 / $117Sq Ft1,376 / 1,344DOM122 / 102New2Total39
Single Family
Avg/Median Price$672,582 / $649,000Range$419,000 – $1,250,000Price per Sq Ft$329 / $326Sq Ft2,103 / 1,991DOM48 / 28New8Total102
Townhouse
Avg/Median Price$391,281 / $379,000Range$295,000 – $525,000Price per Sq Ft$254 / $254Sq Ft1,547 / 1,505DOM51 / 43New2Total35

Sales by Bedroom Count

1 Beds
Avg:$276,625Median:$225,000Range:$220,000 – $419,000PSF:$380 / $327Sq Ft:723 / 732DOM:51 / 55New:1Total:4
2 Beds
Avg:$278,993Median:$266,900Range:$75,000 – $565,000PSF:$236 / $252Sq Ft:1,208 / 1,216DOM:105 / 80New:2Total:77
3 Beds
Avg:$439,217Median:$465,000Range:$50,000 – $1,070,000PSF:$269 / $279Sq Ft:1,606 / 1,556DOM:78 / 49New:8Total:100
4 Beds
Avg:$678,242Median:$679,900Range:$120,000 – $1,250,000PSF:$295 / $296Sq Ft:2,277 / 2,224DOM:49 / 32New:2Total:46
5 Beds
Avg:$851,525Median:$814,900Range:$690,000 – $1,089,000PSF:$279 / $269Sq Ft:3,079 / 2,966DOM:62 / 28New:0Total:10
6 Beds
Avg:$619,900Median:$619,900Range:$619,900 – $619,900PSF:$255 / $255Sq Ft:2,428 / 2,428DOM:85 / 85New:0Total:1

Rental Market Overview

Median Rent
$1,892
+0.9%
Median DOM
1
0.0%
New Listings
199
Inventory
426
+0.2%
  • Average Rent: $1,980
  • Median Rent: $1,892
  • Rent Range: $1,122 – $4,835
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,031 / 975
  • Square Footage Range: 270 – 3,100
  • Days on Market (Avg/Median): 14 / 1
  • Days on Market Range: 1 – 361
  • New Listings: 199
  • Total Listings: 426

Rentals by Property Type

Apartment
$1,802
Median DOM: 1
Inventory: 318
MoM: +0.9%
Condo
$1,595
Median DOM: 1
Inventory: 22
MoM: +0.9%
Single Family
$2,545
Median DOM: 1
Inventory: 73
MoM: +0.9%
Townhouse
$2,395
Median DOM: 1
Inventory: 13
MoM: +0.9%
Apartment
Avg/Median Rent$1,843 / $1,802Range$1,122 – $4,835Rent per Sq Ft$2 / $2Sq Ft890 / 862DOM14 / 1New159Total318
Condo
Avg/Median Rent$1,843 / $1,595Range$1,345 – $2,995Rent per Sq Ft$2 / $2Sq Ft965 / 821DOM24 / 1New7Total22
Single Family
Avg/Median Rent$2,574 / $2,545Range$1,425 – $3,799Rent per Sq Ft$2 / $2Sq Ft1,613 / 1,519DOM10 / 1New29Total73
Townhouse
Avg/Median Rent$2,224 / $2,395Range$1,495 – $2,695Rent per Sq Ft$2 / $2Sq Ft1,307 / 1,240DOM13 / 1New4Total13

Rentals by Bedroom Count

Studio
Avg:$1,590Median:$1,466Range:$1,310 – $2,613PSF:$4 / $3Sq Ft:455 / 462DOM:46 / 1New:5Total:11
1 Beds
Avg:$1,597Median:$1,583Range:$1,122 – $2,291PSF:$2 / $2Sq Ft:715 / 692DOM:13 / 1New:58Total:140
2 Beds
Avg:$1,972Median:$1,927Range:$1,349 – $3,362PSF:$2 / $2Sq Ft:1,027 / 1,024DOM:11 / 1New:104Total:185
3 Beds
Avg:$2,506Median:$2,475Range:$2,126 – $4,835PSF:$2 / $2Sq Ft:1,473 / 1,456DOM:15 / 1New:23Total:71
4 Beds
Avg:$3,047Median:$2,995Range:$2,510 – $3,450PSF:$2 / $2Sq Ft:1,995 / 2,000DOM:27 / 1New:7Total:16
5 Beds
Avg:$3,564Median:$3,495Range:$3,399 – $3,799PSF:$1 / $1Sq Ft:2,644 / 2,750DOM:6 / 1New:2Total:3

6-Month Sales Trend

Feb 2026
Median Price:$339,000Median DOM:63New:45Total:186
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:$390,000Median DOM:53New:13Total:238

6-Month Rental Trend

Feb 2026
Median Rent:$1,850Median DOM:1New:124Total:235
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:$1,892Median DOM:1New:199Total:426

Key Market Takeaways

Median sale prices held steady 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.

← Back to Portland Metro