ZIP 97201 Housing Market Report
Portland Metro
Report period: July 2026
97201 Monthly Market Update – July 2026
ZIP 97201 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$475,000
0.0%
Median DOM (Sales)
85
+1.2%
New Listings (Sales)
11
−62.1%
Median Rent
$1,455
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
296
+3.5%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (43 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($3,915,000 median)
Sales Market Overview
Median Price
$475,000
0.0%
Median DOM
85
+1.2%
New Listings
11
−62.1%
Inventory
215
+0.5%
- Average Price: $787,402
- Median Price: $475,000
- Price Range: $49,900 – $5,300,000
- Price per Sq Ft (Avg/Median): $348 / $320
- Square Footage (Avg/Median): 2,222 / 1,483
- Square Footage Range: 367 – 13,000
- Days on Market (Avg/Median): 109 / 85
- Days on Market Range: 2 – 356
- New Listings: 11
- Total Listings: 215
Sales by Property Type
Condo
Avg/Median Price$428,724 / $299,000Range$100,000 – $2,050,000Price per Sq Ft$338 / $310Sq Ft1,210 / 980DOM114 / 91New10Total136
Land
Avg/Median Price$414,260 / $325,000Range$49,900 – $1,595,000Price per Sq Ft—Sq Ft—DOM141 / 148New0Total15
Multi-Family
Avg/Median Price$1,390,975 / $975,000Range$789,000 – $2,800,000Price per Sq Ft$257 / $215Sq Ft6,268 / 3,350DOM125 / 97New0Total4
Single Family
Avg/Median Price$1,700,126 / $1,468,800Range$599,900 – $5,300,000Price per Sq Ft$380 / $358Sq Ft4,345 / 3,926DOM94 / 74New1Total57
Townhouse
Avg/Median Price$766,667 / $675,000Range$650,000 – $975,000Price per Sq Ft$320 / $345Sq Ft2,397 / 2,425DOM52 / 43New0Total3
Sales by Bedroom Count
Studio
Avg:$139,800Median:$124,900Range:$100,000 – $209,000PSF:$292 / $272Sq Ft:482 / 463DOM:56 / 57New:0Total:6
1 Beds
Avg:$284,583Median:$228,800Range:$135,000 – $2,800,000PSF:$329 / $310Sq Ft:954 / 625DOM:114 / 89New:5Total:50
2 Beds
Avg:$499,557Median:$410,000Range:$169,000 – $1,575,000PSF:$347 / $316Sq Ft:1,388 / 1,319DOM:110 / 83New:4Total:72
3 Beds
Avg:$1,256,988Median:$899,000Range:$195,000 – $4,995,000PSF:$360 / $325Sq Ft:3,299 / 3,010DOM:126 / 102New:1Total:31
4 Beds
Avg:$1,459,333Median:$1,199,000Range:$650,000 – $3,795,000PSF:$357 / $368Sq Ft:4,031 / 3,708DOM:64 / 70New:1Total:18
5 Beds
Avg:$1,881,494Median:$1,550,000Range:$725,000 – $5,300,000PSF:$390 / $358Sq Ft:4,872 / 4,184DOM:87 / 85New:0Total:18
6 Beds
Avg:$3,721,666Median:$3,915,000Range:$2,999,999 – $4,250,000PSF:$459 / $432Sq Ft:8,241 / 8,037DOM:222 / 247New:0Total:3
7 Beds
Avg:$975,000Median:$975,000Range:$975,000 – $975,000PSF:$291 / $291Sq Ft:3,350 / 3,350DOM:126 / 126New:0Total:1
8 Beds
Avg:$799,999Median:$799,999Range:$799,999 – $799,999PSF:$237 / $237Sq Ft:3,376 / 3,376DOM:56 / 56New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $139,800 | $124,900 | $100,000 – $209,000 | $292 / $272 | 482 / 463 | 56 / 57 | 0 | 6 |
| 1 Beds | $284,583 | $228,800 | $135,000 – $2,800,000 | $329 / $310 | 954 / 625 | 114 / 89 | 5 | 50 |
| 2 Beds | $499,557 | $410,000 | $169,000 – $1,575,000 | $347 / $316 | 1,388 / 1,319 | 110 / 83 | 4 | 72 |
| 3 Beds | $1,256,988 | $899,000 | $195,000 – $4,995,000 | $360 / $325 | 3,299 / 3,010 | 126 / 102 | 1 | 31 |
| 4 Beds | $1,459,333 | $1,199,000 | $650,000 – $3,795,000 | $357 / $368 | 4,031 / 3,708 | 64 / 70 | 1 | 18 |
| 5 Beds | $1,881,494 | $1,550,000 | $725,000 – $5,300,000 | $390 / $358 | 4,872 / 4,184 | 87 / 85 | 0 | 18 |
| 6 Beds | $3,721,666 | $3,915,000 | $2,999,999 – $4,250,000 | $459 / $432 | 8,241 / 8,037 | 222 / 247 | 0 | 3 |
| 7 Beds | $975,000 | $975,000 | $975,000 – $975,000 | $291 / $291 | 3,350 / 3,350 | 126 / 126 | 0 | 1 |
| 8 Beds | $799,999 | $799,999 | $799,999 – $799,999 | $237 / $237 | 3,376 / 3,376 | 56 / 56 | 0 | 1 |
Rental Market Overview
Median Rent
$1,455
0.0%
Median DOM
1
0.0%
New Listings
116
Inventory
296
+3.5%
- Average Rent: $1,659
- Median Rent: $1,455
- Rent Range: $825 – $6,499
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 723 / 620
- Square Footage Range: 313 – 3,566
- Days on Market (Avg/Median): 17 / 1
- Days on Market Range: 1 – 357
- New Listings: 116
- Total Listings: 296
Rentals by Property Type
Apartment
$1,377
Median DOM: 1
Inventory: 251
MoM: 0.0%
Condo
$1,595
Median DOM: 1
Inventory: 26
MoM: 0.0%
Single Family
$2,295
Median DOM: 1
Inventory: 16
MoM: 0.0%
Townhouse
$2,499
Median DOM: 1
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,544 / $1,377Range$825 – $4,796Rent per Sq Ft$2 / $2Sq Ft641 / 600DOM18 / 1New100Total251
Condo
Avg/Median Rent$1,885 / $1,595Range$955 – $4,250Rent per Sq Ft$2 / $2Sq Ft942 / 885DOM23 / 1New10Total26
Multi-Family
Avg/Median Rent$1,741 / $1,495Range$1,495 – $1,987Rent per Sq Ft$2 / $2Sq Ft986 / 781DOM21 / 1New0Total2
Single Family
Avg/Median Rent$3,033 / $2,295Range$989 – $6,499Rent per Sq Ft$2 / $2Sq Ft1,595 / 1,100DOM1 / 1New6Total16
Townhouse
Avg/Median Rent$2,499 / $2,499Range$2,499 – $2,499Rent per Sq Ft$2 / $2Sq Ft1,051 / 1,051DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,142Median:$1,075Range:$825 – $2,421PSF:$3 / $3Sq Ft:427 / 400DOM:34 / 1New:21Total:70
1 Beds
Avg:$1,461Median:$1,370Range:$955 – $2,565PSF:$2 / $2Sq Ft:614 / 618DOM:11 / 1New:66Total:146
2 Beds
Avg:$2,255Median:$2,100Range:$1,440 – $4,796PSF:$2 / $2Sq Ft:1,005 / 950DOM:19 / 1New:26Total:69
3 Beds
Avg:$3,412Median:$2,895Range:$1,773 – $5,500PSF:$2 / $2Sq Ft:1,888 / 1,632DOM:5 / 1New:0Total:8
4 Beds
Avg:$4,965Median:$4,500Range:$3,895 – $6,499PSF:$2 / $2Sq Ft:2,872 / 2,551DOM:1 / 1New:3Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,142 | $1,075 | $825 – $2,421 | $3 / $3 | 427 / 400 | 34 / 1 | 21 | 70 |
| 1 Beds | $1,461 | $1,370 | $955 – $2,565 | $2 / $2 | 614 / 618 | 11 / 1 | 66 | 146 |
| 2 Beds | $2,255 | $2,100 | $1,440 – $4,796 | $2 / $2 | 1,005 / 950 | 19 / 1 | 26 | 69 |
| 3 Beds | $3,412 | $2,895 | $1,773 – $5,500 | $2 / $2 | 1,888 / 1,632 | 5 / 1 | 0 | 8 |
| 4 Beds | $4,965 | $4,500 | $3,895 – $6,499 | $2 / $2 | 2,872 / 2,551 | 1 / 1 | 3 | 3 |
6-Month Sales Trend
Feb 2026
Median Price:$365,000Median DOM:115New:30Total:167
Mar 2026
Median Price:$385,000Median DOM:67New:35Total:174
Apr 2026
Median Price:$415,000Median DOM:58New:39Total:194
May 2026
Median Price:$440,000Median DOM:74New:27Total:203
Jun 2026
Median Price:$475,000Median DOM:84New:29Total:214
Jul 2026
Median Price:$475,000Median DOM:85New:11Total:215
6-Month Rental Trend
Feb 2026
Median Rent:$1,555Median DOM:1New:156Total:278
Mar 2026
Median Rent:$1,510Median DOM:1New:157Total:285
Apr 2026
Median Rent:$1,520Median DOM:1New:159Total:276
May 2026
Median Rent:$1,500Median DOM:1New:166Total:266
Jun 2026
Median Rent:$1,455Median DOM:1New:177Total:286
Jul 2026
Median Rent:$1,455Median DOM:1New:116Total:296
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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