ZIP 97060 Housing Market Report
Portland Metro
Report period: May 2026
97060 Monthly Market Update – May 2026
ZIP 97060 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$479,000
+0.9%
Median DOM (Sales)
25
−21.9%
New Listings (Sales)
10
−52.4%
Median Rent
$1,695
−5.6%
Median DOM (Rental)
8
+166.7%
Total Rental Listings
34
−5.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (8 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 7 Beds ($849,900 median)
Sales Market Overview
Median Price
$479,000
+0.9%
Median DOM
25
−21.9%
New Listings
10
−52.4%
Inventory
73
+1.4%
- Average Price: $506,474
- Median Price: $479,000
- Price Range: $79,000 – $1,890,000
- Price per Sq Ft (Avg/Median): $289 / $291
- Square Footage (Avg/Median): 1,828 / 1,548
- Square Footage Range: 838 – 8,608
- Days on Market (Avg/Median): 67 / 25
- Days on Market Range: 1 – 356
- New Listings: 10
- Total Listings: 73
Sales by Property Type
Condo
Avg/Median Price$261,400 / $264,999Range$199,000 – $299,500Price per Sq Ft$223 / $216Sq Ft1,176 / 1,200DOM89 / 45New1Total6
Land
Avg/Median Price$448,000 / $255,000Range$255,000 – $1,175,000Price per Sq Ft—Sq Ft—DOM343 / 343New0Total5
Manufactured
Avg/Median Price$114,450 / $99,000Range$79,000 – $149,900Price per Sq Ft$88 / $81Sq Ft1,311 / 1,232DOM92 / 47New0Total4
Multi-Family
Avg/Median Price$624,580 / $574,999Range$500,000 – $849,900Price per Sq Ft$289 / $286Sq Ft2,101 / 1,900DOM15 / 8New2Total5
Single Family
Avg/Median Price$574,137 / $499,900Range$295,000 – $1,890,000Price per Sq Ft$313 / $304Sq Ft1,971 / 1,612DOM41 / 21New6Total49
Townhouse
Avg/Median Price$362,700 / $369,000Range$326,900 – $385,000Price per Sq Ft$293 / $267Sq Ft1,296 / 1,303DOM107 / 63New1Total4
Sales by Bedroom Count
2 Beds
Avg:$228,538Median:$250,000Range:$79,000 – $326,900PSF:$224 / $233Sq Ft:1,046 / 1,012DOM:98 / 102New:1Total:8
3 Beds
Avg:$457,951Median:$455,000Range:$129,900 – $824,900PSF:$312 / $321Sq Ft:1,495 / 1,440DOM:37 / 11New:7Total:39
4 Beds
Avg:$573,820Median:$539,000Range:$149,900 – $1,400,000PSF:$281 / $267Sq Ft:2,033 / 2,009DOM:58 / 25New:1Total:15
5 Beds
Avg:$659,000Median:$619,000Range:$619,000 – $699,000PSF:$196 / $185Sq Ft:3,367 / 3,354DOM:47 / 43New:0Total:2
6 Beds
Avg:$1,284,500Median:$679,000Range:$679,000 – $1,890,000PSF:$220 / $220Sq Ft:8,608 / 8,608DOM:33 / 30New:0Total:2
7 Beds
Avg:$1,274,950Median:$849,900Range:$849,900 – $1,700,000PSF:$274 / $234Sq Ft:4,988 / 2,716DOM:85 / 8New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $228,538 | $250,000 | $79,000 – $326,900 | $224 / $233 | 1,046 / 1,012 | 98 / 102 | 1 | 8 |
| 3 Beds | $457,951 | $455,000 | $129,900 – $824,900 | $312 / $321 | 1,495 / 1,440 | 37 / 11 | 7 | 39 |
| 4 Beds | $573,820 | $539,000 | $149,900 – $1,400,000 | $281 / $267 | 2,033 / 2,009 | 58 / 25 | 1 | 15 |
| 5 Beds | $659,000 | $619,000 | $619,000 – $699,000 | $196 / $185 | 3,367 / 3,354 | 47 / 43 | 0 | 2 |
| 6 Beds | $1,284,500 | $679,000 | $679,000 – $1,890,000 | $220 / $220 | 8,608 / 8,608 | 33 / 30 | 0 | 2 |
| 7 Beds | $1,274,950 | $849,900 | $849,900 – $1,700,000 | $274 / $234 | 4,988 / 2,716 | 85 / 8 | 1 | 2 |
Rental Market Overview
Median Rent
$1,695
−5.6%
Median DOM
8
+166.7%
New Listings
8
Inventory
34
−5.6%
- Average Rent: $1,973
- Median Rent: $1,695
- Rent Range: $1,249 – $3,400
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,122 / 960
- Square Footage Range: 443 – 2,536
- Days on Market (Avg/Median): 59 / 8
- Days on Market Range: 1 – 329
- New Listings: 8
- Total Listings: 34
Rentals by Property Type
Apartment
$1,499
Median DOM: 39
Inventory: 22
MoM: −5.6%
Condo
—
Median DOM: —
Inventory: —
MoM: −5.6%
Single Family
$2,895
Median DOM: 1
Inventory: 10
MoM: −5.6%
Townhouse
$2,695
Median DOM: 1
Inventory: 1
MoM: −5.6%
Apartment
Avg/Median Rent$1,569 / $1,499Range$1,249 – $2,100Rent per Sq Ft$2 / $2Sq Ft836 / 852DOM93 / 39New2Total22
Multi-Family
Avg/Median Rent$1,985 / $1,985Range$1,985 – $1,985Rent per Sq Ft$2 / $2Sq Ft822 / 822DOM8 / 8New0Total1
Single Family
Avg/Median Rent$2,790 / $2,895Range$1,425 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,719 / 1,700DOM3 / 1New6Total10
Townhouse
Avg/Median Rent$2,695 / $2,695Range$2,695 – $2,695Rent per Sq Ft$2 / $2Sq Ft1,740 / 1,740DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,249Median:$1,249Range:$1,249 – $1,249PSF:$3 / $3Sq Ft:443 / 443DOM:131 / 131New:0Total:1
1 Beds
Avg:$1,455Median:$1,354Range:$1,299 – $1,695PSF:$2 / $2Sq Ft:702 / 716DOM:110 / 39New:2Total:9
2 Beds
Avg:$1,695Median:$1,645Range:$1,349 – $2,100PSF:$2 / $2Sq Ft:937 / 960DOM:59 / 8New:2Total:14
3 Beds
Avg:$2,761Median:$2,795Range:$1,950 – $3,400PSF:$2 / $2Sq Ft:1,704 / 1,740DOM:12 / 1New:3Total:7
4 Beds
Avg:$3,150Median:$2,999Range:$2,999 – $3,300PSF:$2 / $2Sq Ft:1,918 / 1,636DOM:1 / 1New:1Total:2
5 Beds
Avg:$3,400Median:$3,400Range:$3,400 – $3,400PSF:$1 / $1Sq Ft:2,500 / 2,500DOM:18 / 18New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,249 | $1,249 | $1,249 – $1,249 | $3 / $3 | 443 / 443 | 131 / 131 | 0 | 1 |
| 1 Beds | $1,455 | $1,354 | $1,299 – $1,695 | $2 / $2 | 702 / 716 | 110 / 39 | 2 | 9 |
| 2 Beds | $1,695 | $1,645 | $1,349 – $2,100 | $2 / $2 | 937 / 960 | 59 / 8 | 2 | 14 |
| 3 Beds | $2,761 | $2,795 | $1,950 – $3,400 | $2 / $2 | 1,704 / 1,740 | 12 / 1 | 3 | 7 |
| 4 Beds | $3,150 | $2,999 | $2,999 – $3,300 | $2 / $2 | 1,918 / 1,636 | 1 / 1 | 1 | 2 |
| 5 Beds | $3,400 | $3,400 | $3,400 – $3,400 | $1 / $1 | 2,500 / 2,500 | 18 / 18 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$455,000Median DOM:72New:4Total:64
Jan 2026
Median Price:$425,000Median DOM:72New:11Total:55
Feb 2026
Median Price:$439,900Median DOM:38New:21Total:60
Mar 2026
Median Price:$455,000Median DOM:38New:15Total:66
Apr 2026
Median Price:$474,900Median DOM:32New:21Total:72
May 2026
Median Price:$479,000Median DOM:25New:10Total:73
6-Month Rental Trend
Dec 2025
Median Rent:$1,795Median DOM:1New:18Total:34
Jan 2026
Median Rent:$1,655Median DOM:1New:14Total:30
Feb 2026
Median Rent:$1,750Median DOM:1New:14Total:34
Mar 2026
Median Rent:$1,650Median DOM:1New:9Total:31
Apr 2026
Median Rent:$1,795Median DOM:3New:14Total:36
May 2026
Median Rent:$1,695Median DOM:8New:8Total:34
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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