ZIP 97068 Housing Market Report

Portland Metro

Report period: July 2026

97068 Monthly Market Update – July 2026

ZIP 97068 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$815,000
0.0%
Median DOM (Sales)
49
+6.5%
New Listings (Sales)
16
−75.8%
Median Rent
$1,695
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
47
−6.0%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (42 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($4,295,000 median)

Sales Market Overview

Median Price
$815,000
0.0%
Median DOM
49
+6.5%
New Listings
16
−75.8%
Inventory
287
−2.0%
  • Average Price: $1,046,824
  • Median Price: $815,000
  • Price Range: $115,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $334 / $322
  • Square Footage (Avg/Median): 2,936 / 2,821
  • Square Footage Range: 602 – 11,076
  • Days on Market (Avg/Median): 69 / 49
  • Days on Market Range: 1 – 348
  • New Listings: 16
  • Total Listings: 287

Sales by Property Type

Condo
Avg/Median Price$307,562 / $289,900Range$133,900 – $449,900Price per Sq Ft$283 / $277Sq Ft1,091 / 1,120DOM81 / 63New4Total36
Land
Avg/Median Price$1,244,700 / $999,995Range$115,000 – $2,800,000Price per Sq FtSq FtDOM122 / 91New0Total10
Manufactured
Avg/Median Price$425,000 / $425,000Range$425,000 – $425,000Price per Sq Ft$262 / $262Sq Ft1,620 / 1,620DOMNew0Total1
Multi-Family
Avg/Median Price$699,995 / $699,995Range$699,995 – $699,995Price per Sq Ft$229 / $229Sq Ft3,057 / 3,057DOM94 / 94New0Total1
Single Family
Avg/Median Price$1,215,430 / $924,900Range$415,000 – $7,500,000Price per Sq Ft$351 / $333Sq Ft3,317 / 3,062DOM64 / 42New12Total217
Townhouse
Avg/Median Price$547,541 / $499,000Range$399,000 – $750,000Price per Sq Ft$257 / $245Sq Ft2,270 / 2,124DOM81 / 64New0Total22

Sales by Bedroom Count

1 Beds
Avg:$233,573Median:$248,500Range:$165,000 – $289,900PSF:$307 / $303Sq Ft:759 / 723DOM:82 / 63New:1Total:11
2 Beds
Avg:$379,240Median:$379,000Range:$133,900 – $769,000PSF:$296 / $290Sq Ft:1,279 / 1,276DOM:83 / 71New:2Total:29
3 Beds
Avg:$836,892Median:$699,000Range:$399,000 – $2,500,000PSF:$344 / $335Sq Ft:2,422 / 2,221DOM:56 / 44New:4Total:77
4 Beds
Avg:$1,098,791Median:$829,000Range:$460,000 – $7,500,000PSF:$330 / $315Sq Ft:3,163 / 2,928DOM:69 / 40New:5Total:96
5 Beds
Avg:$1,553,916Median:$1,245,000Range:$594,000 – $6,999,000PSF:$354 / $307Sq Ft:4,210 / 3,701DOM:60 / 49New:4Total:54
6 Beds
Avg:$1,513,307Median:$1,499,999Range:$799,950 – $2,450,000PSF:$321 / $352Sq Ft:4,758 / 4,679DOM:84 / 43New:0Total:7
7 Beds
Avg:$4,295,000Median:$4,295,000Range:$4,295,000 – $4,295,000PSF:$388 / $388Sq Ft:11,076 / 11,076DOM:79 / 79New:0Total:1
8 Beds
Avg:$2,850,000Median:$1,000,000Range:$1,000,000 – $4,700,000PSF:$317 / $317Sq Ft:3,154 / 3,154DOM:250 / 151New:0Total:2

Rental Market Overview

Median Rent
$1,695
0.0%
Median DOM
1
0.0%
New Listings
20
Inventory
47
−6.0%
  • Average Rent: $2,072
  • Median Rent: $1,695
  • Rent Range: $1,025 – $9,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,225 / 882
  • Square Footage Range: 286 – 10,360
  • Days on Market (Avg/Median): 40 / 1
  • Days on Market Range: 1 – 347
  • New Listings: 20
  • Total Listings: 47

Rentals by Property Type

Apartment
$1,595
Median DOM: 1
Inventory: 23
MoM: 0.0%
Condo
$1,695
Median DOM: 1
Inventory: 3
MoM: 0.0%
Single Family
$2,450
Median DOM: 1
Inventory: 19
MoM: 0.0%
Townhouse
$1,695
Median DOM: 1
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,571 / $1,595Range$1,025 – $2,250Rent per Sq Ft$2 / $2Sq Ft766 / 800DOM87 / 1New6Total23
Condo
Avg/Median Rent$1,640 / $1,695Range$1,425 – $1,799Rent per Sq Ft$2 / $2Sq Ft881 / 943DOM1 / 1New2Total3
Single Family
Avg/Median Rent$2,759 / $2,450Range$1,100 – $9,000Rent per Sq Ft$2 / $2Sq Ft1,826 / 1,280DOM4 / 1New10Total19
Townhouse
Avg/Median Rent$1,948 / $1,695Range$1,695 – $2,200Rent per Sq Ft$2 / $2Sq Ft920 / 920DOM1 / 1New2Total2

Rentals by Bedroom Count

Studio
Avg:$1,100Median:$1,100Range:$1,100 – $1,100PSF:$4 / $4Sq Ft:286 / 286DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,438Median:$1,425Range:$1,025 – $1,900PSF:$2 / $2Sq Ft:618 / 592DOM:123 / 59New:2Total:13
2 Beds
Avg:$1,773Median:$1,695Range:$1,425 – $2,450PSF:$2 / $2Sq Ft:920 / 864DOM:42 / 1New:9Total:17
3 Beds
Avg:$2,225Median:$2,200Range:$1,695 – $2,950PSF:$2 / $2Sq Ft:1,274 / 1,135DOM:5 / 1New:5Total:10
4 Beds
Avg:$3,237Median:$2,995Range:$2,775 – $3,975PSF:$2 / $2Sq Ft:2,048 / 1,856DOM:2 / 1New:2Total:5
5 Beds
Avg:$9,000Median:$9,000Range:$9,000 – $9,000PSF:$1 / $1Sq Ft:10,360 / 10,360DOM:1 / 1New:1Total:1

6-Month Sales Trend

Feb 2026
Median Price:$828,000Median DOM:49New:44Total:192
Mar 2026
Median Price:$850,000Median DOM:51New:54Total:219
Apr 2026
Median Price:$850,000Median DOM:37New:68Total:227
May 2026
Median Price:$799,995Median DOM:33New:86Total:280
Jun 2026
Median Price:$815,000Median DOM:46New:66Total:293
Jul 2026
Median Price:$815,000Median DOM:49New:16Total:287

6-Month Rental Trend

Feb 2026
Median Rent:$2,075Median DOM:1New:27Total:50
Mar 2026
Median Rent:$2,050Median DOM:1New:37Total:61
Apr 2026
Median Rent:$1,995Median DOM:1New:32Total:63
May 2026
Median Rent:$1,849Median DOM:1New:28Total:54
Jun 2026
Median Rent:$1,695Median DOM:1New:24Total:50
Jul 2026
Median Rent:$1,695Median DOM:1New:20Total:47

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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.

← Back to Portland Metro