ZIP 97062 Housing Market Report
Portland Metro
Report period: July 2026
97062 Monthly Market Update – July 2026
ZIP 97062 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$605,900
+1.0%
Median DOM (Sales)
33
+6.5%
New Listings (Sales)
10
−71.4%
Median Rent
$1,720
+2.4%
Median DOM (Rental)
20
−13.0%
Total Rental Listings
62
−4.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (16 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($1,299,000 median)
Sales Market Overview
Median Price
$605,900
+1.0%
Median DOM
33
+6.5%
New Listings
10
−71.4%
Inventory
128
−0.8%
- Average Price: $673,489
- Median Price: $605,900
- Price Range: $65,000 – $5,900,000
- Price per Sq Ft (Avg/Median): $298 / $294
- Square Footage (Avg/Median): 2,210 / 2,056
- Square Footage Range: 768 – 7,170
- Days on Market (Avg/Median): 58 / 33
- Days on Market Range: 1 – 352
- New Listings: 10
- Total Listings: 128
Sales by Property Type
Condo
Avg/Median Price$310,237 / $299,900Range$227,500 – $589,000Price per Sq Ft$278 / $275Sq Ft1,113 / 1,129DOM112 / 101New0Total16
Land
Avg/Median Price$150,000 / $150,000Range$150,000 – $150,000Price per Sq Ft—Sq Ft—DOM—New0Total1
Manufactured
Avg/Median Price$93,249 / $84,999Range$65,000 – $129,995Price per Sq Ft$91 / $77Sq Ft1,095 / 960DOM115 / 51New0Total6
Multi-Family
Avg/Median Price$691,300 / $599,900Range$549,000 – $925,000Price per Sq Ft$328 / $333Sq Ft2,095 / 2,058DOM112 / 16New1Total3
Single Family
Avg/Median Price$793,753 / $669,000Range$350,000 – $5,900,000Price per Sq Ft$315 / $298Sq Ft2,516 / 2,354DOM47 / 21New9Total95
Townhouse
Avg/Median Price$436,114 / $449,000Range$359,900 – $499,000Price per Sq Ft$278 / $273Sq Ft1,575 / 1,483DOM24 / 23New0Total7
Sales by Bedroom Count
1 Beds
Avg:$227,500Median:$227,500Range:$227,500 – $227,500PSF:$296 / $296Sq Ft:768 / 768DOM:44 / 44New:0Total:1
2 Beds
Avg:$374,964Median:$300,000Range:$84,999 – $1,425,000PSF:$271 / $274Sq Ft:1,265 / 1,129DOM:101 / 101New:0Total:17
3 Beds
Avg:$562,494Median:$566,900Range:$65,000 – $1,495,000PSF:$316 / $319Sq Ft:1,807 / 1,656DOM:51 / 25New:5Total:45
4 Beds
Avg:$741,608Median:$659,900Range:$350,000 – $2,399,000PSF:$288 / $292Sq Ft:2,564 / 2,479DOM:41 / 20New:5Total:46
5 Beds
Avg:$793,207Median:$749,000Range:$599,900 – $1,175,000PSF:$271 / $258Sq Ft:2,942 / 2,918DOM:81 / 49New:0Total:14
6 Beds
Avg:$2,541,500Median:$925,000Range:$799,500 – $5,900,000PSF:$463 / $359Sq Ft:4,528 / 3,835DOM:129 / 163New:0Total:3
8 Beds
Avg:$1,299,000Median:$1,299,000Range:$1,299,000 – $1,299,000PSF:$296 / $296Sq Ft:4,387 / 4,387DOM:12 / 12New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $227,500 | $227,500 | $227,500 – $227,500 | $296 / $296 | 768 / 768 | 44 / 44 | 0 | 1 |
| 2 Beds | $374,964 | $300,000 | $84,999 – $1,425,000 | $271 / $274 | 1,265 / 1,129 | 101 / 101 | 0 | 17 |
| 3 Beds | $562,494 | $566,900 | $65,000 – $1,495,000 | $316 / $319 | 1,807 / 1,656 | 51 / 25 | 5 | 45 |
| 4 Beds | $741,608 | $659,900 | $350,000 – $2,399,000 | $288 / $292 | 2,564 / 2,479 | 41 / 20 | 5 | 46 |
| 5 Beds | $793,207 | $749,000 | $599,900 – $1,175,000 | $271 / $258 | 2,942 / 2,918 | 81 / 49 | 0 | 14 |
| 6 Beds | $2,541,500 | $925,000 | $799,500 – $5,900,000 | $463 / $359 | 4,528 / 3,835 | 129 / 163 | 0 | 3 |
| 8 Beds | $1,299,000 | $1,299,000 | $1,299,000 – $1,299,000 | $296 / $296 | 4,387 / 4,387 | 12 / 12 | 0 | 1 |
Rental Market Overview
Median Rent
$1,720
+2.4%
Median DOM
20
−13.0%
New Listings
9
Inventory
62
−4.6%
- Average Rent: $2,013
- Median Rent: $1,720
- Rent Range: $1,122 – $4,095
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,041 / 900
- Square Footage Range: 375 – 3,259
- Days on Market (Avg/Median): 37 / 20
- Days on Market Range: 1 – 262
- New Listings: 9
- Total Listings: 62
Rentals by Property Type
Apartment
$1,628
Median DOM: 32
Inventory: 45
MoM: +2.4%
Condo
$1,895
Median DOM: 1
Inventory: 2
MoM: +2.4%
Single Family
$3,100
Median DOM: 1
Inventory: 12
MoM: +2.4%
Townhouse
$2,795
Median DOM: 1
Inventory: 2
MoM: +2.4%
Apartment
Avg/Median Rent$1,731 / $1,628Range$1,122 – $2,392Rent per Sq Ft$2 / $2Sq Ft811 / 766DOM49 / 32New4Total45
Condo
Avg/Median Rent$1,998 / $1,895Range$1,895 – $2,100Rent per Sq Ft$2 / $2Sq Ft992 / 856DOM7 / 1New1Total2
Multi-Family
Avg/Median Rent$1,995 / $1,995Range$1,995 – $1,995Rent per Sq Ft$2 / $2Sq Ft846 / 846DOM20 / 20New0Total1
Single Family
Avg/Median Rent$2,925 / $3,100Range$1,475 – $4,095Rent per Sq Ft$2 / $2Sq Ft1,800 / 1,697DOM3 / 1New3Total12
Townhouse
Avg/Median Rent$2,898 / $2,795Range$2,795 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,802 / 1,600DOM23 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,406Median:$1,368Range:$1,333 – $1,625PSF:$3 / $3Sq Ft:459 / 452DOM:68 / 33New:1Total:7
1 Beds
Avg:$1,532Median:$1,617Range:$1,122 – $1,720PSF:$2 / $2Sq Ft:677 / 667DOM:48 / 32New:1Total:16
2 Beds
Avg:$1,798Median:$1,795Range:$1,399 – $2,251PSF:$2 / $2Sq Ft:937 / 900DOM:38 / 16New:1Total:20
3 Beds
Avg:$2,640Median:$2,387Range:$2,262 – $3,400PSF:$2 / $2Sq Ft:1,407 / 1,190DOM:20 / 5New:5Total:14
4 Beds
Avg:$3,355Median:$3,200Range:$3,100 – $3,725PSF:$1 / $1Sq Ft:2,359 / 2,100DOM:1 / 1New:0Total:4
5 Beds
Avg:$4,095Median:$4,095Range:$4,095 – $4,095PSF:$2 / $2Sq Ft:2,610 / 2,610DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,406 | $1,368 | $1,333 – $1,625 | $3 / $3 | 459 / 452 | 68 / 33 | 1 | 7 |
| 1 Beds | $1,532 | $1,617 | $1,122 – $1,720 | $2 / $2 | 677 / 667 | 48 / 32 | 1 | 16 |
| 2 Beds | $1,798 | $1,795 | $1,399 – $2,251 | $2 / $2 | 937 / 900 | 38 / 16 | 1 | 20 |
| 3 Beds | $2,640 | $2,387 | $2,262 – $3,400 | $2 / $2 | 1,407 / 1,190 | 20 / 5 | 5 | 14 |
| 4 Beds | $3,355 | $3,200 | $3,100 – $3,725 | $1 / $1 | 2,359 / 2,100 | 1 / 1 | 0 | 4 |
| 5 Beds | $4,095 | $4,095 | $4,095 – $4,095 | $2 / $2 | 2,610 / 2,610 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$589,900Median DOM:31New:45Total:141
Mar 2026
Median Price:$595,000Median DOM:26New:44Total:145
Apr 2026
Median Price:$570,400Median DOM:30New:33Total:142
May 2026
Median Price:$592,900Median DOM:24New:44Total:135
Jun 2026
Median Price:$599,900Median DOM:31New:35Total:129
Jul 2026
Median Price:$605,900Median DOM:33New:10Total:128
6-Month Rental Trend
Feb 2026
Median Rent:$1,597Median DOM:35New:22Total:98
Mar 2026
Median Rent:$1,625Median DOM:24New:29Total:93
Apr 2026
Median Rent:$1,650Median DOM:16New:21Total:80
May 2026
Median Rent:$1,645Median DOM:26New:21Total:69
Jun 2026
Median Rent:$1,679Median DOM:23New:21Total:65
Jul 2026
Median Rent:$1,720Median DOM:20New:9Total:62
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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