ZIP 97060 Housing Market Report
Portland Metro
Report period: August 2026
97060 Monthly Market Update – August 2026
ZIP 97060 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$460,000
−2.1%
Median DOM (Sales)
38
−7.3%
New Listings (Sales)
8
−46.7%
Median Rent
$1,700
+3.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
43
+4.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (17 DOM)
- Fastest renting: Multi-Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,294,000 median)
Sales Market Overview
Median Price
$460,000
−2.1%
Median DOM
38
−7.3%
New Listings
8
−46.7%
Inventory
90
+12.5%
- Average Price: $500,348
- Median Price: $460,000
- Price Range: $80,000 – $1,890,000
- Price per Sq Ft (Avg/Median): $270 / $268
- Square Footage (Avg/Median): 1,957 / 1,585
- Square Footage Range: 730 – 8,608
- Days on Market (Avg/Median): 57 / 38
- Days on Market Range: 3 – 321
- New Listings: 8
- Total Listings: 90
Sales by Property Type
Condo
Avg/Median Price$270,276 / $249,900Range$220,000 – $399,000Price per Sq Ft$231 / $232Sq Ft1,172 / 1,012DOM82 / 25New1Total10
Land
Avg/Median Price$398,317 / $255,000Range$80,000 – $1,175,000Price per Sq Ft—Sq Ft—DOM54 / 34New0Total6
Manufactured
Avg/Median Price$134,997 / $105,000Range$99,990 – $220,000Price per Sq Ft$100 / $81Sq Ft1,358 / 1,288DOM43 / 17New0Total6
Multi-Family
Avg/Median Price$598,300 / $495,000Range$480,000 – $819,900Price per Sq Ft$255 / $261Sq Ft2,329 / 2,372DOM77 / 94New0Total3
Single Family
Avg/Median Price$595,252 / $499,000Range$319,500 – $1,890,000Price per Sq Ft$292 / $283Sq Ft2,208 / 1,828DOM50 / 37New6Total57
Townhouse
Avg/Median Price$425,550 / $399,000Range$349,900 – $527,500Price per Sq Ft$294 / $277Sq Ft1,464 / 1,429DOM78 / 39New1Total8
Sales by Bedroom Count
2 Beds
Avg:$266,599Median:$249,900Range:$99,990 – $425,000PSF:$267 / $232Sq Ft:1,046 / 971DOM:83 / 25New:1Total:12
3 Beds
Avg:$412,025Median:$429,000Range:$99,990 – $824,900PSF:$274 / $277Sq Ft:1,518 / 1,443DOM:51 / 23New:4Total:40
4 Beds
Avg:$595,681Median:$525,000Range:$435,000 – $1,300,000PSF:$281 / $282Sq Ft:2,176 / 2,063DOM:41 / 37New:3Total:21
5 Beds
Avg:$658,833Median:$589,000Range:$460,000 – $1,049,000PSF:$229 / $234Sq Ft:2,911 / 2,588DOM:55 / 52New:0Total:6
6 Beds
Avg:$1,326,333Median:$1,294,000Range:$795,000 – $1,890,000PSF:$220 / $220Sq Ft:6,004 / 4,824DOM:74 / 84New:0Total:3
7 Beds
Avg:$1,259,950Median:$819,900Range:$819,900 – $1,700,000PSF:$268 / $234Sq Ft:4,988 / 2,716DOM:176 / 99New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $266,599 | $249,900 | $99,990 – $425,000 | $267 / $232 | 1,046 / 971 | 83 / 25 | 1 | 12 |
| 3 Beds | $412,025 | $429,000 | $99,990 – $824,900 | $274 / $277 | 1,518 / 1,443 | 51 / 23 | 4 | 40 |
| 4 Beds | $595,681 | $525,000 | $435,000 – $1,300,000 | $281 / $282 | 2,176 / 2,063 | 41 / 37 | 3 | 21 |
| 5 Beds | $658,833 | $589,000 | $460,000 – $1,049,000 | $229 / $234 | 2,911 / 2,588 | 55 / 52 | 0 | 6 |
| 6 Beds | $1,326,333 | $1,294,000 | $795,000 – $1,890,000 | $220 / $220 | 6,004 / 4,824 | 74 / 84 | 0 | 3 |
| 7 Beds | $1,259,950 | $819,900 | $819,900 – $1,700,000 | $268 / $234 | 4,988 / 2,716 | 176 / 99 | 0 | 2 |
Rental Market Overview
Median Rent
$1,700
+3.0%
Median DOM
1
0.0%
New Listings
13
Inventory
43
+4.9%
- Average Rent: $1,965
- Median Rent: $1,700
- Rent Range: $1,195 – $3,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,139 / 974
- Square Footage Range: 500 – 2,200
- Days on Market (Avg/Median): 44 / 1
- Days on Market Range: 1 – 277
- New Listings: 13
- Total Listings: 43
Rentals by Property Type
Apartment
$1,599
Median DOM: 46
Inventory: 25
MoM: +3.0%
Condo
—
Median DOM: —
Inventory: —
MoM: +3.0%
Single Family
$2,795
Median DOM: 1
Inventory: 13
MoM: +3.0%
Townhouse
$2,395
Median DOM: 1
Inventory: 2
MoM: +3.0%
Apartment
Avg/Median Rent$1,641 / $1,599Range$1,195 – $2,150Rent per Sq Ft$2 / $2Sq Ft916 / 950DOM85 / 46New5Total25
Multi-Family
Avg/Median Rent$1,612 / $1,595Range$1,595 – $1,645Rent per Sq Ft$2 / $2Sq Ft811 / 800DOM1 / 1New2Total3
Single Family
Avg/Median Rent$2,572 / $2,795Range$1,500 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,581 / 1,706DOM4 / 1New4Total13
Townhouse
Avg/Median Rent$2,595 / $2,395Range$2,395 – $2,795Rent per Sq Ft$2 / $2Sq Ft1,536 / 1,392DOM1 / 1New2Total2
Rentals by Bedroom Count
1 Beds
Avg:$1,426Median:$1,400Range:$1,195 – $1,595PSF:$2 / $2Sq Ft:680 / 670DOM:140 / 130New:0Total:7
2 Beds
Avg:$1,658Median:$1,620Range:$1,349 – $2,150PSF:$2 / $2Sq Ft:944 / 950DOM:30 / 1New:7Total:21
3 Beds
Avg:$2,501Median:$2,395Range:$1,953 – $3,295PSF:$2 / $2Sq Ft:1,492 / 1,438DOM:13 / 1New:3Total:11
4 Beds
Avg:$3,042Median:$2,825Range:$2,795 – $3,300PSF:$2 / $1Sq Ft:1,994 / 1,932DOM:7 / 1New:3Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,426 | $1,400 | $1,195 – $1,595 | $2 / $2 | 680 / 670 | 140 / 130 | 0 | 7 |
| 2 Beds | $1,658 | $1,620 | $1,349 – $2,150 | $2 / $2 | 944 / 950 | 30 / 1 | 7 | 21 |
| 3 Beds | $2,501 | $2,395 | $1,953 – $3,295 | $2 / $2 | 1,492 / 1,438 | 13 / 1 | 3 | 11 |
| 4 Beds | $3,042 | $2,825 | $2,795 – $3,300 | $2 / $1 | 1,994 / 1,932 | 7 / 1 | 3 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$455,000Median DOM:38New:15Total:66
Apr 2026
Median Price:$474,900Median DOM:32New:21Total:72
May 2026
Median Price:$495,000Median DOM:22New:26Total:78
Jun 2026
Median Price:$495,000Median DOM:31New:24Total:81
Jul 2026
Median Price:$469,900Median DOM:41New:15Total:80
Aug 2026
Median Price:$460,000Median DOM:38New:8Total:90
6-Month Rental Trend
Mar 2026
Median Rent:$1,650Median DOM:1New:9Total:31
Apr 2026
Median Rent:$1,795Median DOM:3New:14Total:36
May 2026
Median Rent:$1,650Median DOM:10New:11Total:33
Jun 2026
Median Rent:$1,699Median DOM:1New:11Total:34
Jul 2026
Median Rent:$1,650Median DOM:1New:19Total:41
Aug 2026
Median Rent:$1,700Median DOM:1New:13Total:43
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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.
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