ZIP 97212 Housing Market Report
Portland Metro
Report period: July 2026
97212 Monthly Market Update – July 2026
ZIP 97212 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$795,000
−2.9%
Median DOM (Sales)
18
+12.5%
New Listings (Sales)
9
−80.0%
Median Rent
$1,895
+5.6%
Median DOM (Rental)
1
−50.0%
Total Rental Listings
89
+3.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (11 DOM)
- Fastest renting: Multi-Family (1 DOM)
- Strongest bedroom: 6 Beds ($1,299,000 median)
Sales Market Overview
Median Price
$795,000
−2.9%
Median DOM
18
+12.5%
New Listings
9
−80.0%
Inventory
133
−0.7%
- Average Price: $906,580
- Median Price: $795,000
- Price Range: $199,000 – $4,200,000
- Price per Sq Ft (Avg/Median): $332 / $315
- Square Footage (Avg/Median): 2,818 / 2,650
- Square Footage Range: 752 – 12,247
- Days on Market (Avg/Median): 43 / 18
- Days on Market Range: 1 – 275
- New Listings: 9
- Total Listings: 133
Sales by Property Type
Condo
Avg/Median Price$465,022 / $395,000Range$284,900 – $1,150,000Price per Sq Ft$389 / $345Sq Ft1,158 / 1,058DOM100 / 74New2Total9
Land
Avg/Median Price$599,333 / $700,000Range$199,000 – $899,000Price per Sq Ft—Sq Ft—DOM137 / 137New0Total3
Multi-Family
Avg/Median Price$978,684 / $825,000Range$399,000 – $1,795,000Price per Sq Ft$286 / $250Sq Ft3,837 / 3,366DOM51 / 43New1Total19
Single Family
Avg/Median Price$971,327 / $849,900Range$295,000 – $4,200,000Price per Sq Ft$335 / $321Sq Ft2,882 / 2,733DOM36 / 11New6Total95
Townhouse
Avg/Median Price$531,557 / $499,900Range$399,000 – $750,000Price per Sq Ft$335 / $324Sq Ft1,603 / 1,498DOM42 / 21New0Total7
Sales by Bedroom Count
Studio
Avg:$405,000Median:$405,000Range:$405,000 – $405,000PSF:$356 / $356Sq Ft:1,137 / 1,137DOM:74 / 74New:0Total:1
1 Beds
Avg:$742,500Median:$395,000Range:$395,000 – $1,090,000PSF:$416 / $378Sq Ft:1,877 / 871DOM:2 / 2New:1Total:2
2 Beds
Avg:$513,500Median:$425,000Range:$284,900 – $1,150,000PSF:$366 / $336Sq Ft:1,447 / 1,288DOM:58 / 20New:1Total:22
3 Beds
Avg:$708,337Median:$685,000Range:$399,000 – $1,250,000PSF:$308 / $310Sq Ft:2,371 / 2,352DOM:38 / 16New:4Total:41
4 Beds
Avg:$966,410Median:$865,000Range:$449,900 – $2,450,000PSF:$334 / $310Sq Ft:2,933 / 2,788DOM:18 / 8New:3Total:29
5 Beds
Avg:$1,256,717Median:$1,095,000Range:$589,000 – $3,000,000PSF:$324 / $302Sq Ft:3,778 / 3,710DOM:49 / 23New:0Total:23
6 Beds
Avg:$1,684,800Median:$1,299,000Range:$815,000 – $4,200,000PSF:$352 / $308Sq Ft:5,380 / 4,226DOM:79 / 51New:0Total:10
8 Beds
Avg:$1,385,000Median:$975,000Range:$975,000 – $1,795,000PSF:$290 / $290Sq Ft:3,366 / 3,366DOM:78 / 46New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $405,000 | $405,000 | $405,000 – $405,000 | $356 / $356 | 1,137 / 1,137 | 74 / 74 | 0 | 1 |
| 1 Beds | $742,500 | $395,000 | $395,000 – $1,090,000 | $416 / $378 | 1,877 / 871 | 2 / 2 | 1 | 2 |
| 2 Beds | $513,500 | $425,000 | $284,900 – $1,150,000 | $366 / $336 | 1,447 / 1,288 | 58 / 20 | 1 | 22 |
| 3 Beds | $708,337 | $685,000 | $399,000 – $1,250,000 | $308 / $310 | 2,371 / 2,352 | 38 / 16 | 4 | 41 |
| 4 Beds | $966,410 | $865,000 | $449,900 – $2,450,000 | $334 / $310 | 2,933 / 2,788 | 18 / 8 | 3 | 29 |
| 5 Beds | $1,256,717 | $1,095,000 | $589,000 – $3,000,000 | $324 / $302 | 3,778 / 3,710 | 49 / 23 | 0 | 23 |
| 6 Beds | $1,684,800 | $1,299,000 | $815,000 – $4,200,000 | $352 / $308 | 5,380 / 4,226 | 79 / 51 | 0 | 10 |
| 8 Beds | $1,385,000 | $975,000 | $975,000 – $1,795,000 | $290 / $290 | 3,366 / 3,366 | 78 / 46 | 0 | 2 |
Rental Market Overview
Median Rent
$1,895
+5.6%
Median DOM
1
−50.0%
New Listings
29
Inventory
89
+3.5%
- Average Rent: $2,272
- Median Rent: $1,895
- Rent Range: $795 – $6,046
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,294 / 1,052
- Square Footage Range: 330 – 3,444
- Days on Market (Avg/Median): 36 / 1
- Days on Market Range: 1 – 345
- New Listings: 29
- Total Listings: 89
Rentals by Property Type
Apartment
$1,675
Median DOM: 10
Inventory: 62
MoM: +5.6%
Condo
$1,300
Median DOM: —
Inventory: 2
MoM: +5.6%
Single Family
$3,435
Median DOM: 1
Inventory: 23
MoM: +5.6%
Townhouse
$2,850
Median DOM: 32
Inventory: 1
MoM: +5.6%
Apartment
Avg/Median Rent$1,917 / $1,675Range$795 – $6,046Rent per Sq Ft$2 / $2Sq Ft939 / 879DOM47 / 10New17Total62
Condo
Avg/Median Rent$2,162 / $1,300Range$1,300 – $3,025Rent per Sq Ft$1 / $1Sq Ft1,850 / 700DOM—New0Total2
Multi-Family
Avg/Median Rent$1,695 / $1,695Range$1,695 – $1,695Rent per Sq Ft$2 / $2Sq Ft836 / 836DOM1 / 1New0Total1
Single Family
Avg/Median Rent$3,236 / $3,435Range$1,362 – $4,995Rent per Sq Ft$2 / $2Sq Ft1,972 / 2,060DOM12 / 1New12Total23
Townhouse
Avg/Median Rent$2,850 / $2,850Range$2,850 – $2,850Rent per Sq Ft$3 / $3Sq Ft1,052 / 1,052DOM32 / 32New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,199Median:$1,180Range:$1,095 – $1,345PSF:$3 / $3Sq Ft:366 / 354DOM:137 / 116New:0Total:5
1 Beds
Avg:$1,459Median:$1,425Range:$795 – $2,400PSF:$3 / $3Sq Ft:568 / 552DOM:10 / 1New:13Total:27
2 Beds
Avg:$2,015Median:$1,895Range:$1,362 – $4,095PSF:$2 / $2Sq Ft:1,107 / 1,000DOM:39 / 11New:7Total:32
3 Beds
Avg:$3,504Median:$3,295Range:$2,100 – $6,046PSF:$2 / $2Sq Ft:1,745 / 1,700DOM:49 / 1New:5Total:16
4 Beds
Avg:$4,068Median:$3,850Range:$3,025 – $4,995PSF:$2 / $1Sq Ft:2,680 / 2,850DOM:2 / 1New:3Total:8
5 Beds
Avg:$3,695Median:$3,695Range:$3,695 – $3,695PSF:$2 / $2Sq Ft:1,552 / 1,552DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,199 | $1,180 | $1,095 – $1,345 | $3 / $3 | 366 / 354 | 137 / 116 | 0 | 5 |
| 1 Beds | $1,459 | $1,425 | $795 – $2,400 | $3 / $3 | 568 / 552 | 10 / 1 | 13 | 27 |
| 2 Beds | $2,015 | $1,895 | $1,362 – $4,095 | $2 / $2 | 1,107 / 1,000 | 39 / 11 | 7 | 32 |
| 3 Beds | $3,504 | $3,295 | $2,100 – $6,046 | $2 / $2 | 1,745 / 1,700 | 49 / 1 | 5 | 16 |
| 4 Beds | $4,068 | $3,850 | $3,025 – $4,995 | $2 / $1 | 2,680 / 2,850 | 2 / 1 | 3 | 8 |
| 5 Beds | $3,695 | $3,695 | $3,695 – $3,695 | $2 / $2 | 1,552 / 1,552 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$799,900Median DOM:23New:24Total:75
Mar 2026
Median Price:$850,000Median DOM:11New:39Total:93
Apr 2026
Median Price:$880,000Median DOM:10New:36Total:108
May 2026
Median Price:$850,000Median DOM:11New:45Total:123
Jun 2026
Median Price:$819,000Median DOM:16New:45Total:134
Jul 2026
Median Price:$795,000Median DOM:18New:9Total:133
6-Month Rental Trend
Feb 2026
Median Rent:$1,695Median DOM:1New:46Total:119
Mar 2026
Median Rent:$1,675Median DOM:1New:44Total:117
Apr 2026
Median Rent:$1,595Median DOM:6New:30Total:94
May 2026
Median Rent:$1,550Median DOM:5New:33Total:92
Jun 2026
Median Rent:$1,795Median DOM:2New:39Total:86
Jul 2026
Median Rent:$1,895Median DOM:1New:29Total:89
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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.
970059700697007970089702497027970309703497035970609706297068970709720197202972039720497205972069720997210972119721297213972149721597216972179721897219+14 more
← Back to Portland Metro