ZIP 97070 Housing Market Report

Portland Metro

Report period: July 2026

97070 Monthly Market Update – July 2026

ZIP 97070 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$685,000
−2.0%
Median DOM (Sales)
45
0.0%
New Listings (Sales)
20
−67.2%
Median Rent
$1,749
−14.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
40
+2.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (13 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($3,995,000 median)

Sales Market Overview

Median Price
$685,000
−2.0%
Median DOM
45
0.0%
New Listings
20
−67.2%
Inventory
244
−0.4%
  • Average Price: $826,468
  • Median Price: $685,000
  • Price Range: $99,000 – $6,600,000
  • Price per Sq Ft (Avg/Median): $316 / $292
  • Square Footage (Avg/Median): 2,384 / 2,197
  • Square Footage Range: 748 – 12,254
  • Days on Market (Avg/Median): 72 / 45
  • Days on Market Range: 1 – 358
  • New Listings: 20
  • Total Listings: 244

Sales by Property Type

Condo
Avg/Median Price$369,506 / $349,000Range$215,000 – $880,000Price per Sq Ft$283 / $280Sq Ft1,310 / 1,188DOM93 / 72New2Total34
Land
Avg/Median Price$2,349,167 / $1,600,000Range$245,000 – $6,600,000Price per Sq FtSq FtDOM194 / 140New0Total6
Manufactured
Avg/Median Price$114,500 / $99,000Range$99,000 – $130,000Price per Sq Ft$87 / $78Sq Ft1,348 / 1,022DOM72 / 13New0Total2
Multi-Family
Avg/Median Price$849,900 / $849,900Range$849,900 – $849,900Price per Sq FtSq FtDOM30 / 30New0Total1
Single Family
Avg/Median Price$939,204 / $759,015Range$379,900 – $5,977,000Price per Sq Ft$324 / $294Sq Ft2,779 / 2,678DOM67 / 39New15Total160
Townhouse
Avg/Median Price$576,792 / $525,000Range$305,000 – $1,025,000Price per Sq Ft$321 / $301Sq Ft1,785 / 1,716DOM59 / 45New3Total41

Sales by Bedroom Count

2 Beds
Avg:$467,209Median:$395,000Range:$215,000 – $1,025,000PSF:$320 / $306Sq Ft:1,424 / 1,320DOM:68 / 45New:2Total:52
3 Beds
Avg:$674,459Median:$600,000Range:$99,000 – $2,499,000PSF:$311 / $291Sq Ft:2,131 / 2,014DOM:74 / 50New:9Total:77
4 Beds
Avg:$837,044Median:$760,000Range:$390,000 – $2,895,000PSF:$306 / $286Sq Ft:2,710 / 2,703DOM:68 / 37New:7Total:80
5 Beds
Avg:$1,109,648Median:$839,990Range:$599,900 – $5,977,000PSF:$305 / $292Sq Ft:3,392 / 2,895DOM:62 / 37New:2Total:24
6 Beds
Avg:$4,222,500Median:$3,995,000Range:$3,795,000 – $4,600,000PSF:$618 / $638Sq Ft:7,152 / 5,795DOM:76 / 27New:0Total:4
8 Beds
Avg:$849,900Median:$849,900Range:$849,900 – $849,900PSF:Sq Ft:DOM:30 / 30New:0Total:1

Rental Market Overview

Median Rent
$1,749
−14.7%
Median DOM
1
0.0%
New Listings
10
Inventory
40
+2.6%
  • Average Rent: $2,213
  • Median Rent: $1,749
  • Rent Range: $1,079 – $5,300
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,275 / 990
  • Square Footage Range: 523 – 3,104
  • Days on Market (Avg/Median): 60 / 1
  • Days on Market Range: 1 – 315
  • New Listings: 10
  • Total Listings: 40

Rentals by Property Type

Apartment
$1,500
Median DOM: 138
Inventory: 22
MoM: −14.7%
Condo
$1,749
Median DOM: 1
Inventory: 2
MoM: −14.7%
Single Family
$3,099
Median DOM: 1
Inventory: 12
MoM: −14.7%
Townhouse
$2,590
Median DOM: 3
Inventory: 3
MoM: −14.7%
Apartment
Avg/Median Rent$1,622 / $1,500Range$1,079 – $2,495Rent per Sq Ft$2 / $2Sq Ft801 / 703DOM127 / 138New2Total22
Condo
Avg/Median Rent$2,612 / $1,749Range$1,749 – $3,475Rent per Sq Ft$2 / $2Sq Ft1,490 / 930DOM1 / 1New2Total2
Multi-Family
Avg/Median Rent$2,099 / $2,099Range$2,099 – $2,099Rent per Sq Ft$2 / $2Sq Ft849 / 849DOM1 / 1New0Total1
Single Family
Avg/Median Rent$3,184 / $3,099Range$1,725 – $5,300Rent per Sq Ft$2 / $1Sq Ft1,991 / 1,821DOM3 / 1New4Total12
Townhouse
Avg/Median Rent$2,430 / $2,590Range$1,950 – $2,750Rent per Sq Ft$2 / $2Sq Ft1,405 / 1,350DOM103 / 3New2Total3

Rentals by Bedroom Count

Studio
Avg:$1,482Median:$1,425Range:$1,425 – $1,538PSF:$3 / $3Sq Ft:525 / 523DOM:New:0Total:2
1 Beds
Avg:$1,604Median:$1,502Range:$1,427 – $2,151PSF:$2 / $2Sq Ft:698 / 688DOM:144 / 116New:0Total:10
2 Beds
Avg:$1,539Median:$1,495Range:$1,079 – $2,099PSF:$2 / $2Sq Ft:901 / 850DOM:125 / 97New:2Total:11
3 Beds
Avg:$2,837Median:$2,795Range:$2,295 – $3,399PSF:$2 / $2Sq Ft:1,693 / 1,620DOM:17 / 1New:6Total:11
4 Beds
Avg:$3,562Median:$3,200Range:$2,695 – $5,300PSF:$2 / $1Sq Ft:2,217 / 2,051DOM:4 / 1New:2Total:6

6-Month Sales Trend

Feb 2026
Median Price:$699,000Median DOM:49New:46Total:159
Mar 2026
Median Price:$696,500Median DOM:40New:57Total:183
Apr 2026
Median Price:$689,900Median DOM:49New:43Total:199
May 2026
Median Price:$675,000Median DOM:49New:60Total:227
Jun 2026
Median Price:$699,000Median DOM:45New:61Total:245
Jul 2026
Median Price:$685,000Median DOM:45New:20Total:244

6-Month Rental Trend

Feb 2026
Median Rent:$2,400Median DOM:1New:29Total:64
Mar 2026
Median Rent:$2,295Median DOM:1New:23Total:58
Apr 2026
Median Rent:$2,195Median DOM:1New:13Total:48
May 2026
Median Rent:$1,795Median DOM:1New:9Total:40
Jun 2026
Median Rent:$2,050Median DOM:1New:16Total:39
Jul 2026
Median Rent:$1,749Median DOM:1New:10Total:40

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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