ZIP 97060 Housing Market Report

Portland Metro

Report period: July 2026

97060 Monthly Market Update – July 2026

ZIP 97060 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$480,000
−3.0%
Median DOM (Sales)
37
+19.4%
New Listings (Sales)
5
−79.2%
Median Rent
$1,750
+3.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
37
+8.8%

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 (23 DOM)
  • Fastest renting: Multi-Family (1 DOM)
  • Strongest bedroom: 6 Beds ($1,395,000 median)

Sales Market Overview

Median Price
$480,000
−3.0%
Median DOM
37
+19.4%
New Listings
5
−79.2%
Inventory
79
−2.5%
  • Average Price: $520,336
  • Median Price: $480,000
  • Price Range: $80,000 – $1,890,000
  • Price per Sq Ft (Avg/Median): $269 / $274
  • Square Footage (Avg/Median): 2,037 / 1,606
  • Square Footage Range: 954 – 8,608
  • Days on Market (Avg/Median): 55 / 37
  • Days on Market Range: 1 – 355
  • New Listings: 5
  • Total Listings: 79

Sales by Property Type

Condo
Avg/Median Price$248,487 / $235,000Range$199,000 – $285,000Price per Sq Ft$221 / $226Sq Ft1,130 / 1,012DOM101 / 71New0Total8
Land
Avg/Median Price$398,317 / $255,000Range$80,000 – $1,175,000Price per Sq FtSq FtDOM39 / 34New0Total6
Manufactured
Avg/Median Price$126,978 / $125,000Range$99,990 – $160,000Price per Sq Ft$86 / $81Sq Ft1,483 / 1,512DOM44 / 50New1Total5
Multi-Family
Avg/Median Price$568,725 / $480,000Range$480,000 – $819,900Price per Sq Ft$255 / $261Sq Ft2,329 / 2,372DOM45 / 38New0Total4
Single Family
Avg/Median Price$618,941 / $500,000Range$295,000 – $1,890,000Price per Sq Ft$291 / $286Sq Ft2,274 / 1,872DOM46 / 23New4Total51
Townhouse
Avg/Median Price$450,600 / $430,000Range$359,000 – $540,000Price per Sq Ft$312 / $288Sq Ft1,456 / 1,443DOM96 / 59New0Total5

Sales by Bedroom Count

2 Beds
Avg:$234,210Median:$235,000Range:$99,990 – $295,000PSF:$215 / $227Sq Ft:1,107 / 1,012DOM:108 / 71New:0Total:9
3 Beds
Avg:$439,597Median:$450,000Range:$100,000 – $824,900PSF:$292 / $292Sq Ft:1,533 / 1,450DOM:49 / 23New:2Total:32
4 Beds
Avg:$566,490Median:$519,000Range:$149,900 – $1,350,000PSF:$270 / $261Sq Ft:2,133 / 2,063DOM:41 / 20New:3Total:22
5 Beds
Avg:$695,800Median:$589,000Range:$480,000 – $1,150,000PSF:$235 / $251Sq Ft:2,976 / 2,707DOM:32 / 33New:0Total:5
6 Beds
Avg:$1,360,000Median:$1,395,000Range:$795,000 – $1,890,000PSF:$227 / $220Sq Ft:6,004 / 4,824DOM:54 / 54New:0Total:3
7 Beds
Avg:$1,259,950Median:$819,900Range:$819,900 – $1,700,000PSF:$268 / $234Sq Ft:4,988 / 2,716DOM:146 / 69New:0Total:2

Rental Market Overview

Median Rent
$1,750
+3.0%
Median DOM
1
0.0%
New Listings
11
Inventory
37
+8.8%
  • Average Rent: $2,034
  • Median Rent: $1,750
  • Rent Range: $1,195 – $3,300
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,159 / 980
  • Square Footage Range: 500 – 2,536
  • Days on Market (Avg/Median): 57 / 1
  • Days on Market Range: 1 – 349
  • New Listings: 11
  • Total Listings: 37

Rentals by Property Type

Apartment
$1,595
Median DOM: 79
Inventory: 21
MoM: +3.0%
Condo
Median DOM:
Inventory:
MoM: +3.0%
Single Family
$2,795
Median DOM: 1
Inventory: 14
MoM: +3.0%
Townhouse
$2,450
Median DOM: 1
Inventory: 1
MoM: +3.0%
Apartment
Avg/Median Rent$1,632 / $1,595Range$1,195 – $2,145Rent per Sq Ft$2 / $2Sq Ft851 / 852DOM115 / 79New2Total21
Multi-Family
Avg/Median Rent$1,645 / $1,645Range$1,645 – $1,645Rent per Sq Ft$2 / $2Sq Ft833 / 833DOM1 / 1New1Total1
Single Family
Avg/Median Rent$2,635 / $2,795Range$1,500 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,626 / 1,636DOM3 / 1New7Total14
Townhouse
Avg/Median Rent$2,450 / $2,450Range$2,450 – $2,450Rent per Sq Ft$2 / $2Sq Ft1,392 / 1,392DOM1 / 1New1Total1

Rentals by Bedroom Count

1 Beds
Avg:$1,482Median:$1,515Range:$1,195 – $1,650PSF:$2 / $2Sq Ft:694 / 700DOM:122 / 100New:1Total:10
2 Beds
Avg:$1,688Median:$1,645Range:$1,350 – $2,095PSF:$2 / $2Sq Ft:930 / 900DOM:78 / 1New:4Total:12
3 Beds
Avg:$2,506Median:$2,395Range:$1,950 – $3,300PSF:$2 / $2Sq Ft:1,554 / 1,438DOM:16 / 1New:4Total:11
4 Beds
Avg:$3,156Median:$3,025Range:$2,999 – $3,300PSF:$2 / $2Sq Ft:1,920 / 1,909DOM:7 / 1New:2Total:4

6-Month Sales Trend

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:$495,000Median DOM:22New:26Total:78
Jun 2026
Median Price:$495,000Median DOM:31New:24Total:81
Jul 2026
Median Price:$480,000Median DOM:37New:5Total:79

6-Month Rental Trend

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:$1,650Median DOM:10New:11Total:33
Jun 2026
Median Rent:$1,699Median DOM:1New:11Total:34
Jul 2026
Median Rent:$1,750Median DOM:1New:11Total:37

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.

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