ZIP 97211 Housing Market Report

Portland Metro

Report period: July 2026

97211 Monthly Market Update – July 2026

ZIP 97211 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$595,000
0.0%
Median DOM (Sales)
31
+14.8%
New Listings (Sales)
10
−80.0%
Median Rent
$2,100
−1.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
112
−10.4%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Land (17 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($9,599,900 median)

Sales Market Overview

Median Price
$595,000
0.0%
Median DOM
31
+14.8%
New Listings
10
−80.0%
Inventory
178
−4.8%
  • Average Price: $686,286
  • Median Price: $595,000
  • Price Range: $85,000 – $9,599,900
  • Price per Sq Ft (Avg/Median): $317 / $308
  • Square Footage (Avg/Median): 2,029 / 1,938
  • Square Footage Range: 580 – 9,860
  • Days on Market (Avg/Median): 55 / 31
  • Days on Market Range: 2 – 364
  • New Listings: 10
  • Total Listings: 178

Sales by Property Type

Condo
Avg/Median Price$436,500 / $359,900Range$309,900 – $775,000Price per Sq Ft$360 / $366Sq Ft1,273 / 1,067DOM142 / 92New1Total18
Land
Avg/Median Price$479,143 / $350,000Range$100,000 – $1,399,999Price per Sq FtSq FtDOM41 / 17New1Total7
Manufactured
Avg/Median Price$351,180 / $395,000Range$115,999 – $499,900Price per Sq Ft$213 / $235Sq Ft1,626 / 1,680DOM84 / 44New0Total5
Multi-Family
Avg/Median Price$2,457,410 / $899,900Range$695,000 – $9,599,900Price per Sq Ft$340 / $325Sq Ft4,004 / 2,540DOM83 / 51New0Total10
Single Family
Avg/Median Price$616,272 / $599,900Range$85,000 – $1,200,000Price per Sq Ft$310 / $299Sq Ft2,067 / 2,102DOM39 / 18New8Total126
Townhouse
Avg/Median Price$580,642 / $475,000Range$344,900 – $1,475,000Price per Sq Ft$361 / $358Sq Ft1,610 / 1,512DOM72 / 67New0Total12

Sales by Bedroom Count

1 Beds
Avg:$262,450Median:$239,900Range:$85,000 – $525,000PSF:$282 / $225Sq Ft:941 / 748DOM:64 / 57New:1Total:8
2 Beds
Avg:$623,000Median:$424,900Range:$268,500 – $4,495,000PSF:$364 / $366Sq Ft:1,499 / 1,142DOM:89 / 40New:1Total:36
3 Beds
Avg:$572,814Median:$559,000Range:$115,999 – $1,475,000PSF:$316 / $300Sq Ft:1,863 / 1,792DOM:46 / 27New:5Total:64
4 Beds
Avg:$757,473Median:$740,000Range:$395,000 – $1,300,000PSF:$301 / $299Sq Ft:2,552 / 2,498DOM:39 / 21New:1Total:41
5 Beds
Avg:$802,668Median:$719,000Range:$560,000 – $1,979,900PSF:$293 / $295Sq Ft:2,711 / 2,630DOM:37 / 23New:1Total:16
6 Beds
Avg:$823,660Median:$899,900Range:$569,900 – $999,000PSF:$270 / $256Sq Ft:3,131 / 3,168DOM:61 / 63New:0Total:5
7 Beds
Avg:$9,599,900Median:$9,599,900Range:$9,599,900 – $9,599,900PSF:Sq Ft:DOM:338 / 338New:0Total:1

Rental Market Overview

Median Rent
$2,100
−1.2%
Median DOM
1
0.0%
New Listings
27
Inventory
112
−10.4%
  • Average Rent: $2,317
  • Median Rent: $2,100
  • Rent Range: $800 – $7,651
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,085 / 936
  • Square Footage Range: 320 – 3,725
  • Days on Market (Avg/Median): 43 / 1
  • Days on Market Range: 1 – 324
  • New Listings: 27
  • Total Listings: 112

Rentals by Property Type

Apartment
$1,595
Median DOM: 54
Inventory: 53
MoM: −1.2%
Condo
$1,850
Median DOM: 1
Inventory: 7
MoM: −1.2%
Single Family
$2,895
Median DOM: 1
Inventory: 48
MoM: −1.2%
Townhouse
$2,100
Median DOM: 1
Inventory: 2
MoM: −1.2%
Apartment
Avg/Median Rent$1,939 / $1,595Range$995 – $7,651Rent per Sq Ft$3 / $3Sq Ft784 / 685DOM86 / 54New5Total53
Condo
Avg/Median Rent$1,778 / $1,850Range$995 – $2,950Rent per Sq Ft$2 / $2Sq Ft769 / 743DOM1 / 1New3Total7
Multi-Family
Avg/Median Rent$2,122 / $1,749Range$1,749 – $2,495Rent per Sq Ft$2 / $2Sq Ft870 / 740DOM9 / 1New1Total2
Single Family
Avg/Median Rent$2,822 / $2,895Range$800 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,468 / 1,393DOM10 / 1New16Total48
Townhouse
Avg/Median Rent$2,298 / $2,100Range$2,100 – $2,495Rent per Sq Ft$2 / $1Sq Ft1,310 / 1,160DOM1 / 1New2Total2

Rentals by Bedroom Count

Studio
Avg:$1,256Median:$1,145Range:$995 – $1,585PSF:$3 / $3Sq Ft:422 / 401DOM:75 / 1New:4Total:12
1 Beds
Avg:$1,570Median:$1,495Range:$995 – $3,650PSF:$2 / $2Sq Ft:680 / 596DOM:69 / 15New:3Total:32
2 Beds
Avg:$2,223Median:$2,195Range:$800 – $2,995PSF:$2 / $3Sq Ft:999 / 960DOM:14 / 1New:8Total:37
3 Beds
Avg:$3,169Median:$2,895Range:$2,250 – $7,242PSF:$2 / $2Sq Ft:1,648 / 1,660DOM:24 / 1New:9Total:22
4 Beds
Avg:$4,692Median:$4,075Range:$2,650 – $7,651PSF:$2 / $2Sq Ft:2,298 / 2,325DOM:72 / 1New:3Total:9

6-Month Sales Trend

Feb 2026
Median Price:$550,000Median DOM:52New:37Total:153
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:$595,000Median DOM:31New:10Total:178

6-Month Rental Trend

Feb 2026
Median Rent:$2,195Median DOM:1New:45Total:125
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:$2,100Median DOM:1New:27Total:112

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory tightened.

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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