ZIP 97211 Housing Market Report
Portland Metro
Report period: August 2026
97211 Monthly Market Update – August 2026
ZIP 97211 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$559,900
−2.6%
Median DOM (Sales)
30
−3.2%
New Listings (Sales)
10
−76.2%
Median Rent
$2,100
−4.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
126
+0.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (12 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($9,599,900 median)
Sales Market Overview
Median Price
$559,900
−2.6%
Median DOM
30
−3.2%
New Listings
10
−76.2%
Inventory
180
+2.9%
- Average Price: $661,444
- Median Price: $559,900
- Price Range: $75,000 – $9,599,900
- Price per Sq Ft (Avg/Median): $318 / $304
- Square Footage (Avg/Median): 1,985 / 1,852
- Square Footage Range: 580 – 9,860
- Days on Market (Avg/Median): 56 / 30
- Days on Market Range: 2 – 364
- New Listings: 10
- Total Listings: 180
Sales by Property Type
Condo
Avg/Median Price$419,226 / $359,900Range$299,000 – $775,000Price per Sq Ft$355 / $355Sq Ft1,251 / 1,069DOM117 / 62New3Total19
Land
Avg/Median Price$467,857 / $350,000Range$95,000 – $1,399,999Price per Sq Ft—Sq Ft—DOM71 / 47New0Total7
Manufactured
Avg/Median Price$332,725 / $320,000Range$115,999 – $499,900Price per Sq Ft$221 / $235Sq Ft1,445 / 1,188DOM113 / 62New0Total4
Multi-Family
Avg/Median Price$2,203,860 / $949,900Range$599,000 – $9,599,900Price per Sq Ft$322 / $284Sq Ft3,931 / 2,630DOM47 / 12New1Total10
Single Family
Avg/Median Price$607,416 / $599,000Range$75,000 – $1,275,000Price per Sq Ft$312 / $300Sq Ft2,022 / 2,034DOM42 / 20New5Total129
Townhouse
Avg/Median Price$553,954 / $449,900Range$344,900 – $1,475,000Price per Sq Ft$347 / $316Sq Ft1,599 / 1,424DOM84 / 87New1Total11
Sales by Bedroom Count
1 Beds
Avg:$250,856Median:$265,000Range:$75,000 – $499,000PSF:$307 / $286Sq Ft:871 / 720DOM:80 / 65New:0Total:9
2 Beds
Avg:$552,424Median:$439,000Range:$268,500 – $3,280,000PSF:$354 / $347Sq Ft:1,528 / 1,243DOM:74 / 16New:3Total:41
3 Beds
Avg:$561,970Median:$550,000Range:$115,999 – $1,475,000PSF:$311 / $298Sq Ft:1,851 / 1,773DOM:48 / 31New:2Total:61
4 Beds
Avg:$734,957Median:$679,900Range:$395,000 – $1,300,000PSF:$305 / $301Sq Ft:2,461 / 2,360DOM:48 / 23New:3Total:37
5 Beds
Avg:$821,730Median:$719,000Range:$539,900 – $1,979,900PSF:$301 / $283Sq Ft:2,698 / 2,630DOM:40 / 26New:2Total:20
6 Beds
Avg:$842,450Median:$899,900Range:$559,900 – $960,000PSF:$278 / $252Sq Ft:3,122 / 2,510DOM:70 / 68New:0Total:4
7 Beds
Avg:$9,599,900Median:$9,599,900Range:$9,599,900 – $9,599,900PSF:—Sq Ft:—DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $250,856 | $265,000 | $75,000 – $499,000 | $307 / $286 | 871 / 720 | 80 / 65 | 0 | 9 |
| 2 Beds | $552,424 | $439,000 | $268,500 – $3,280,000 | $354 / $347 | 1,528 / 1,243 | 74 / 16 | 3 | 41 |
| 3 Beds | $561,970 | $550,000 | $115,999 – $1,475,000 | $311 / $298 | 1,851 / 1,773 | 48 / 31 | 2 | 61 |
| 4 Beds | $734,957 | $679,900 | $395,000 – $1,300,000 | $305 / $301 | 2,461 / 2,360 | 48 / 23 | 3 | 37 |
| 5 Beds | $821,730 | $719,000 | $539,900 – $1,979,900 | $301 / $283 | 2,698 / 2,630 | 40 / 26 | 2 | 20 |
| 6 Beds | $842,450 | $899,900 | $559,900 – $960,000 | $278 / $252 | 3,122 / 2,510 | 70 / 68 | 0 | 4 |
| 7 Beds | $9,599,900 | $9,599,900 | $9,599,900 – $9,599,900 | — | — | — | 0 | 1 |
Rental Market Overview
Median Rent
$2,100
−4.3%
Median DOM
1
0.0%
New Listings
34
Inventory
126
+0.8%
- Average Rent: $2,303
- Median Rent: $2,100
- Rent Range: $800 – $7,651
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,081 / 911
- Square Footage Range: 320 – 2,982
- Days on Market (Avg/Median): 40 / 1
- Days on Market Range: 1 – 354
- New Listings: 34
- Total Listings: 126
Rentals by Property Type
Apartment
$1,595
Median DOM: 25
Inventory: 61
MoM: −4.3%
Condo
$1,850
Median DOM: 1
Inventory: 5
MoM: −4.3%
Single Family
$2,895
Median DOM: 1
Inventory: 53
MoM: −4.3%
Townhouse
$2,100
Median DOM: 1
Inventory: 4
MoM: −4.3%
Apartment
Avg/Median Rent$1,854 / $1,595Range$1,000 – $7,651Rent per Sq Ft$3 / $3Sq Ft791 / 705DOM74 / 25New9Total61
Condo
Avg/Median Rent$1,913 / $1,850Range$995 – $2,695Rent per Sq Ft$2 / $2Sq Ft810 / 848DOM4 / 1New0Total5
Multi-Family
Avg/Median Rent$2,398 / $2,495Range$1,749 – $2,950Rent per Sq Ft$3 / $3Sq Ft817 / 740DOM15 / 1New1Total3
Single Family
Avg/Median Rent$2,869 / $2,895Range$800 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,459 / 1,376DOM13 / 1New21Total53
Townhouse
Avg/Median Rent$2,072 / $2,100Range$1,300 – $2,495Rent per Sq Ft$2 / $2Sq Ft1,210 / 1,160DOM1 / 1New3Total4
Rentals by Bedroom Count
Studio
Avg:$1,261Median:$1,150Range:$1,000 – $1,660PSF:$3 / $3Sq Ft:420 / 400DOM:117 / 26New:2Total:15
1 Beds
Avg:$1,640Median:$1,499Range:$995 – $3,650PSF:$2 / $2Sq Ft:731 / 625DOM:47 / 9New:5Total:30
2 Beds
Avg:$2,177Median:$2,195Range:$800 – $3,600PSF:$2 / $3Sq Ft:972 / 900DOM:22 / 1New:12Total:44
3 Beds
Avg:$2,995Median:$2,895Range:$2,395 – $3,800PSF:$2 / $2Sq Ft:1,538 / 1,472DOM:16 / 1New:11Total:25
4 Beds
Avg:$4,312Median:$3,295Range:$2,650 – $7,651PSF:$2 / $2Sq Ft:2,056 / 2,325DOM:71 / 1New:3Total:10
5 Beds
Avg:$4,148Median:$3,900Range:$3,900 – $4,395PSF:$2 / $1Sq Ft:2,696 / 2,412DOM:9 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,261 | $1,150 | $1,000 – $1,660 | $3 / $3 | 420 / 400 | 117 / 26 | 2 | 15 |
| 1 Beds | $1,640 | $1,499 | $995 – $3,650 | $2 / $2 | 731 / 625 | 47 / 9 | 5 | 30 |
| 2 Beds | $2,177 | $2,195 | $800 – $3,600 | $2 / $3 | 972 / 900 | 22 / 1 | 12 | 44 |
| 3 Beds | $2,995 | $2,895 | $2,395 – $3,800 | $2 / $2 | 1,538 / 1,472 | 16 / 1 | 11 | 25 |
| 4 Beds | $4,312 | $3,295 | $2,650 – $7,651 | $2 / $2 | 2,056 / 2,325 | 71 / 1 | 3 | 10 |
| 5 Beds | $4,148 | $3,900 | $3,900 – $4,395 | $2 / $1 | 2,696 / 2,412 | 9 / 1 | 1 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$550,000Median DOM:25New:40Total:143
Apr 2026
Median Price:$555,000Median DOM:20New:52Total:153
May 2026
Median Price:$575,000Median DOM:23New:61Total:182
Jun 2026
Median Price:$595,000Median DOM:27New:50Total:187
Jul 2026
Median Price:$575,000Median DOM:31New:42Total:175
Aug 2026
Median Price:$559,900Median DOM:30New:10Total:180
6-Month Rental Trend
Mar 2026
Median Rent:$2,245Median DOM:5New:44Total:116
Apr 2026
Median Rent:$2,095Median DOM:1New:46Total:115
May 2026
Median Rent:$2,195Median DOM:1New:62Total:121
Jun 2026
Median Rent:$2,125Median DOM:1New:49Total:125
Jul 2026
Median Rent:$2,195Median DOM:1New:58Total:125
Aug 2026
Median Rent:$2,100Median DOM:1New:34Total:126
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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