ZIP 97068 Housing Market Report
Portland Metro
Report period: August 2026
97068 Monthly Market Update – August 2026
ZIP 97068 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$824,000
−1.3%
Median DOM (Sales)
48
−5.9%
New Listings (Sales)
15
−80.0%
Median Rent
$1,725
+1.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
54
+10.2%
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: Multi-Family (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($4,295,000 median)
Sales Market Overview
Median Price
$824,000
−1.3%
Median DOM
48
−5.9%
New Listings
15
−80.0%
Inventory
302
−1.3%
- Average Price: $1,043,876
- Median Price: $824,000
- Price Range: $115,000 – $7,500,000
- Price per Sq Ft (Avg/Median): $336 / $320
- Square Footage (Avg/Median): 2,961 / 2,802
- Square Footage Range: 602 – 13,500
- Days on Market (Avg/Median): 69 / 48
- Days on Market Range: 1 – 350
- New Listings: 15
- Total Listings: 302
Sales by Property Type
Condo
Avg/Median Price$318,448 / $319,000Range$133,900 – $475,000Price per Sq Ft$281 / $277Sq Ft1,136 / 1,141DOM94 / 87New1Total41
Land
Avg/Median Price$1,244,700 / $999,995Range$115,000 – $2,800,000Price per Sq Ft—Sq Ft—DOM146 / 121New1Total10
Manufactured
Avg/Median Price$425,000 / $425,000Range$425,000 – $425,000Price per Sq Ft$262 / $262Sq Ft1,620 / 1,620DOM—New0Total1
Multi-Family
Avg/Median Price$2,500,000 / $2,500,000Range$2,500,000 – $2,500,000Price per Sq Ft$185 / $185Sq Ft13,500 / 13,500DOM25 / 25New0Total1
Single Family
Avg/Median Price$1,209,730 / $934,900Range$415,000 – $7,500,000Price per Sq Ft$355 / $333Sq Ft3,316 / 3,154DOM62 / 44New12Total228
Townhouse
Avg/Median Price$523,986 / $499,500Range$389,000 – $750,000Price per Sq Ft$253 / $261Sq Ft2,223 / 2,078DOM76 / 74New1Total21
Sales by Bedroom Count
1 Beds
Avg:$231,209Median:$248,500Range:$165,000 – $289,900PSF:$304 / $294Sq Ft:759 / 723DOM:107 / 93New:0Total:11
2 Beds
Avg:$368,580Median:$379,900Range:$133,900 – $659,900PSF:$293 / $279Sq Ft:1,253 / 1,298DOM:83 / 61New:1Total:33
3 Beds
Avg:$837,532Median:$689,900Range:$389,000 – $2,695,000PSF:$348 / $334Sq Ft:2,459 / 2,125DOM:62 / 45New:3Total:80
4 Beds
Avg:$1,152,460Median:$885,000Range:$475,000 – $7,500,000PSF:$333 / $308Sq Ft:3,282 / 3,053DOM:63 / 44New:7Total:109
5 Beds
Avg:$1,579,659Median:$1,199,999Range:$567,000 – $6,999,000PSF:$362 / $317Sq Ft:4,211 / 3,948DOM:61 / 43New:2Total:49
6 Beds
Avg:$1,603,519Median:$1,423,200Range:$799,950 – $2,500,000PSF:$319 / $321Sq Ft:4,973 / 4,679DOM:87 / 69New:1Total:8
7 Beds
Avg:$4,295,000Median:$4,295,000Range:$4,295,000 – $4,295,000PSF:$388 / $388Sq Ft:11,076 / 11,076DOM:109 / 109New:0Total:1
8 Beds
Avg:$950,000Median:$950,000Range:$950,000 – $950,000PSF:$301 / $301Sq Ft:3,154 / 3,154DOM:181 / 181New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $231,209 | $248,500 | $165,000 – $289,900 | $304 / $294 | 759 / 723 | 107 / 93 | 0 | 11 |
| 2 Beds | $368,580 | $379,900 | $133,900 – $659,900 | $293 / $279 | 1,253 / 1,298 | 83 / 61 | 1 | 33 |
| 3 Beds | $837,532 | $689,900 | $389,000 – $2,695,000 | $348 / $334 | 2,459 / 2,125 | 62 / 45 | 3 | 80 |
| 4 Beds | $1,152,460 | $885,000 | $475,000 – $7,500,000 | $333 / $308 | 3,282 / 3,053 | 63 / 44 | 7 | 109 |
| 5 Beds | $1,579,659 | $1,199,999 | $567,000 – $6,999,000 | $362 / $317 | 4,211 / 3,948 | 61 / 43 | 2 | 49 |
| 6 Beds | $1,603,519 | $1,423,200 | $799,950 – $2,500,000 | $319 / $321 | 4,973 / 4,679 | 87 / 69 | 1 | 8 |
| 7 Beds | $4,295,000 | $4,295,000 | $4,295,000 – $4,295,000 | $388 / $388 | 11,076 / 11,076 | 109 / 109 | 0 | 1 |
| 8 Beds | $950,000 | $950,000 | $950,000 – $950,000 | $301 / $301 | 3,154 / 3,154 | 181 / 181 | 0 | 1 |
Rental Market Overview
Median Rent
$1,725
+1.8%
Median DOM
1
0.0%
New Listings
23
Inventory
54
+10.2%
- Average Rent: $2,193
- Median Rent: $1,725
- Rent Range: $1,100 – $8,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,332 / 943
- Square Footage Range: 286 – 10,360
- Days on Market (Avg/Median): 36 / 1
- Days on Market Range: 1 – 352
- New Listings: 23
- Total Listings: 54
Rentals by Property Type
Apartment
$1,495
Median DOM: 1
Inventory: 23
MoM: +1.8%
Condo
$1,625
Median DOM: 1
Inventory: 3
MoM: +1.8%
Single Family
$2,700
Median DOM: 1
Inventory: 26
MoM: +1.8%
Townhouse
$1,695
Median DOM: 1
Inventory: 2
MoM: +1.8%
Apartment
Avg/Median Rent$1,608 / $1,495Range$1,195 – $3,113Rent per Sq Ft$2 / $2Sq Ft801 / 800DOM82 / 1New6Total23
Condo
Avg/Median Rent$1,600 / $1,625Range$1,425 – $1,749Rent per Sq Ft$2 / $2Sq Ft881 / 943DOM1 / 1New2Total3
Single Family
Avg/Median Rent$2,798 / $2,700Range$1,100 – $8,500Rent per Sq Ft$2 / $2Sq Ft1,849 / 1,350DOM10 / 1New14Total26
Townhouse
Avg/Median Rent$1,948 / $1,695Range$1,695 – $2,200Rent per Sq Ft$2 / $2Sq Ft920 / 920DOM1 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,100Median:$1,100Range:$1,100 – $1,100PSF:$4 / $4Sq Ft:286 / 286DOM:1 / 1New:0Total:1
1 Beds
Avg:$1,412Median:$1,425Range:$1,195 – $1,780PSF:$2 / $2Sq Ft:617 / 592DOM:96 / 1New:1Total:11
2 Beds
Avg:$1,811Median:$1,695Range:$1,395 – $3,113PSF:$2 / $2Sq Ft:944 / 815DOM:49 / 1New:10Total:21
3 Beds
Avg:$2,425Median:$2,300Range:$1,625 – $3,195PSF:$2 / $2Sq Ft:1,412 / 1,225DOM:2 / 1New:8Total:14
4 Beds
Avg:$3,459Median:$3,495Range:$2,775 – $3,975PSF:$2 / $1Sq Ft:2,349 / 2,700DOM:31 / 1New:2Total:5
5 Beds
Avg:$8,500Median:$8,500Range:$8,500 – $8,500PSF:$1 / $1Sq Ft:10,360 / 10,360DOM:1 / 1New:1Total:1
6 Beds
Avg:$3,995Median:$3,995Range:$3,995 – $3,995PSF:$1 / $1Sq Ft:2,860 / 2,860DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,100 | $1,100 | $1,100 – $1,100 | $4 / $4 | 286 / 286 | 1 / 1 | 0 | 1 |
| 1 Beds | $1,412 | $1,425 | $1,195 – $1,780 | $2 / $2 | 617 / 592 | 96 / 1 | 1 | 11 |
| 2 Beds | $1,811 | $1,695 | $1,395 – $3,113 | $2 / $2 | 944 / 815 | 49 / 1 | 10 | 21 |
| 3 Beds | $2,425 | $2,300 | $1,625 – $3,195 | $2 / $2 | 1,412 / 1,225 | 2 / 1 | 8 | 14 |
| 4 Beds | $3,459 | $3,495 | $2,775 – $3,975 | $2 / $1 | 2,349 / 2,700 | 31 / 1 | 2 | 5 |
| 5 Beds | $8,500 | $8,500 | $8,500 – $8,500 | $1 / $1 | 10,360 / 10,360 | 1 / 1 | 1 | 1 |
| 6 Beds | $3,995 | $3,995 | $3,995 – $3,995 | $1 / $1 | 2,860 / 2,860 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
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:$835,000Median DOM:51New:75Total:306
Aug 2026
Median Price:$824,000Median DOM:48New:15Total:302
6-Month Rental Trend
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:28Total:49
Aug 2026
Median Rent:$1,725Median DOM:1New:23Total:54
Key Market Takeaways
Median sale prices softened this month while inventory compressed. 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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