ZIP 97206 Housing Market Report
Portland Metro
Report period: July 2026
97206 Monthly Market Update – July 2026
ZIP 97206 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$450,000
+0.0%
Median DOM (Sales)
34
+6.3%
New Listings (Sales)
13
−85.2%
Median Rent
$1,525
−0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
232
+5.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (26 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($1,499,900 median)
Sales Market Overview
Median Price
$450,000
+0.0%
Median DOM
34
+6.3%
New Listings
13
−85.2%
Inventory
307
−2.2%
- Average Price: $506,560
- Median Price: $450,000
- Price Range: $19,900 – $4,313,900
- Price per Sq Ft (Avg/Median): $338 / $333
- Square Footage (Avg/Median): 1,600 / 1,346
- Square Footage Range: 364 – 11,578
- Days on Market (Avg/Median): 59 / 34
- Days on Market Range: 1 – 357
- New Listings: 13
- Total Listings: 307
Sales by Property Type
Condo
Avg/Median Price$374,140 / $329,900Range$180,000 – $799,900Price per Sq Ft$342 / $314Sq Ft1,142 / 1,087DOM75 / 54New1Total47
Land
Avg/Median Price$293,650 / $225,000Range$170,000 – $699,950Price per Sq Ft—Sq Ft—DOM138 / 135New1Total9
Manufactured
Avg/Median Price$116,240 / $85,000Range$19,900 – $354,900Price per Sq Ft$108 / $94Sq Ft852 / 900DOM81 / 40New0Total5
Multi-Family
Avg/Median Price$1,002,467 / $675,000Range$400,000 – $4,313,900Price per Sq Ft$304 / $269Sq Ft3,261 / 2,324DOM88 / 66New1Total20
Single Family
Avg/Median Price$517,488 / $494,900Range$35,000 – $2,375,000Price per Sq Ft$346 / $341Sq Ft1,611 / 1,446DOM47 / 26New10Total211
Townhouse
Avg/Median Price$364,397 / $349,900Range$281,950 – $449,000Price per Sq Ft$325 / $328Sq Ft1,132 / 1,062DOM97 / 105New0Total15
Sales by Bedroom Count
1 Beds
Avg:$287,078Median:$325,000Range:$25,900 – $410,000PSF:$375 / $360Sq Ft:800 / 656DOM:33 / 20New:0Total:9
2 Beds
Avg:$386,031Median:$379,900Range:$19,900 – $775,000PSF:$378 / $378Sq Ft:1,058 / 945DOM:68 / 47New:2Total:94
3 Beds
Avg:$481,485Median:$475,000Range:$85,000 – $1,599,950PSF:$333 / $324Sq Ft:1,495 / 1,358DOM:47 / 28New:6Total:125
4 Beds
Avg:$604,817Median:$575,000Range:$349,000 – $1,150,000PSF:$273 / $269Sq Ft:2,259 / 2,149DOM:57 / 27New:3Total:45
5 Beds
Avg:$775,215Median:$724,000Range:$399,900 – $1,650,000PSF:$280 / $276Sq Ft:2,788 / 2,622DOM:40 / 15New:1Total:13
6 Beds
Avg:$1,415,814Median:$699,900Range:$499,900 – $4,313,900PSF:$320 / $257Sq Ft:4,045 / 2,922DOM:78 / 65New:0Total:7
7 Beds
Avg:$829,900Median:$829,900Range:$829,900 – $829,900PSF:$235 / $235Sq Ft:3,536 / 3,536DOM:83 / 83New:0Total:1
8 Beds
Avg:$1,444,925Median:$1,499,900Range:$839,999 – $1,724,900PSF:$373 / $400Sq Ft:3,832 / 3,464DOM:204 / 147New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $287,078 | $325,000 | $25,900 – $410,000 | $375 / $360 | 800 / 656 | 33 / 20 | 0 | 9 |
| 2 Beds | $386,031 | $379,900 | $19,900 – $775,000 | $378 / $378 | 1,058 / 945 | 68 / 47 | 2 | 94 |
| 3 Beds | $481,485 | $475,000 | $85,000 – $1,599,950 | $333 / $324 | 1,495 / 1,358 | 47 / 28 | 6 | 125 |
| 4 Beds | $604,817 | $575,000 | $349,000 – $1,150,000 | $273 / $269 | 2,259 / 2,149 | 57 / 27 | 3 | 45 |
| 5 Beds | $775,215 | $724,000 | $399,900 – $1,650,000 | $280 / $276 | 2,788 / 2,622 | 40 / 15 | 1 | 13 |
| 6 Beds | $1,415,814 | $699,900 | $499,900 – $4,313,900 | $320 / $257 | 4,045 / 2,922 | 78 / 65 | 0 | 7 |
| 7 Beds | $829,900 | $829,900 | $829,900 – $829,900 | $235 / $235 | 3,536 / 3,536 | 83 / 83 | 0 | 1 |
| 8 Beds | $1,444,925 | $1,499,900 | $839,999 – $1,724,900 | $373 / $400 | 3,832 / 3,464 | 204 / 147 | 0 | 4 |
Rental Market Overview
Median Rent
$1,525
−0.3%
Median DOM
1
0.0%
New Listings
78
Inventory
232
+5.0%
- Average Rent: $1,772
- Median Rent: $1,525
- Rent Range: $875 – $4,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 805 / 709
- Square Footage Range: 303 – 2,949
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 298
- New Listings: 78
- Total Listings: 232
Rentals by Property Type
Apartment
$1,445
Median DOM: 1
Inventory: 158
MoM: −0.3%
Condo
$1,699
Median DOM: 8
Inventory: 15
MoM: −0.3%
Single Family
$2,495
Median DOM: 1
Inventory: 49
MoM: −0.3%
Townhouse
$2,195
Median DOM: 1
Inventory: 7
MoM: −0.3%
Apartment
Avg/Median Rent$1,516 / $1,445Range$875 – $3,300Rent per Sq Ft$3 / $3Sq Ft640 / 598DOM37 / 1New53Total158
Condo
Avg/Median Rent$1,888 / $1,699Range$1,100 – $2,700Rent per Sq Ft$2 / $2Sq Ft882 / 809DOM25 / 8New3Total15
Multi-Family
Avg/Median Rent$2,162 / $1,995Range$1,495 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,301 / 1,320DOM27 / 1New2Total3
Single Family
Avg/Median Rent$2,474 / $2,495Range$1,025 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,227 / 1,132DOM9 / 1New18Total49
Townhouse
Avg/Median Rent$2,211 / $2,195Range$1,595 – $3,145Rent per Sq Ft$2 / $2Sq Ft1,131 / 1,008DOM1 / 1New2Total7
Rentals by Bedroom Count
Studio
Avg:$1,321Median:$1,320Range:$875 – $1,590PSF:$3 / $3Sq Ft:442 / 443DOM:5 / 1New:26Total:47
1 Beds
Avg:$1,489Median:$1,445Range:$1,050 – $2,500PSF:$3 / $3Sq Ft:611 / 598DOM:51 / 1New:20Total:75
2 Beds
Avg:$1,828Median:$1,675Range:$1,100 – $3,300PSF:$2 / $2Sq Ft:866 / 824DOM:34 / 10New:15Total:66
3 Beds
Avg:$2,468Median:$2,495Range:$1,649 – $3,350PSF:$2 / $2Sq Ft:1,252 / 1,248DOM:15 / 1New:13Total:35
4 Beds
Avg:$3,368Median:$3,395Range:$2,595 – $4,000PSF:$2 / $2Sq Ft:2,083 / 1,874DOM:2 / 1New:4Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,321 | $1,320 | $875 – $1,590 | $3 / $3 | 442 / 443 | 5 / 1 | 26 | 47 |
| 1 Beds | $1,489 | $1,445 | $1,050 – $2,500 | $3 / $3 | 611 / 598 | 51 / 1 | 20 | 75 |
| 2 Beds | $1,828 | $1,675 | $1,100 – $3,300 | $2 / $2 | 866 / 824 | 34 / 10 | 15 | 66 |
| 3 Beds | $2,468 | $2,495 | $1,649 – $3,350 | $2 / $2 | 1,252 / 1,248 | 15 / 1 | 13 | 35 |
| 4 Beds | $3,368 | $3,395 | $2,595 – $4,000 | $2 / $2 | 2,083 / 1,874 | 2 / 1 | 4 | 9 |
6-Month Sales Trend
Feb 2026
Median Price:$449,000Median DOM:36New:69Total:246
Mar 2026
Median Price:$449,900Median DOM:29New:74Total:270
Apr 2026
Median Price:$450,000Median DOM:25New:84Total:293
May 2026
Median Price:$449,000Median DOM:27New:92Total:300
Jun 2026
Median Price:$449,990Median DOM:32New:88Total:314
Jul 2026
Median Price:$450,000Median DOM:34New:13Total:307
6-Month Rental Trend
Feb 2026
Median Rent:$1,515Median DOM:1New:120Total:241
Mar 2026
Median Rent:$1,575Median DOM:1New:118Total:222
Apr 2026
Median Rent:$1,575Median DOM:1New:118Total:228
May 2026
Median Rent:$1,529Median DOM:1New:107Total:218
Jun 2026
Median Rent:$1,530Median DOM:1New:111Total:221
Jul 2026
Median Rent:$1,525Median DOM:1New:78Total:232
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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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