ZIP 97213 Housing Market Report
Portland Metro
Report period: August 2026
97213 Monthly Market Update – August 2026
ZIP 97213 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$474,900
−2.9%
Median DOM (Sales)
41
+17.1%
New Listings (Sales)
8
−82.2%
Median Rent
$1,685
+2.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
130
−3.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,249,000 median)
Sales Market Overview
Median Price
$474,900
−2.9%
Median DOM
41
+17.1%
New Listings
8
−82.2%
Inventory
157
−8.7%
- Average Price: $566,074
- Median Price: $474,900
- Price Range: $99,900 – $3,150,000
- Price per Sq Ft (Avg/Median): $328 / $319
- Square Footage (Avg/Median): 1,815 / 1,415
- Square Footage Range: 439 – 9,647
- Days on Market (Avg/Median): 74 / 41
- Days on Market Range: 2 – 351
- New Listings: 8
- Total Listings: 157
Sales by Property Type
Condo
Avg/Median Price$286,945 / $265,000Range$179,000 – $545,000Price per Sq Ft$316 / $319Sq Ft941 / 1,048DOM121 / 94New1Total31
Land
Avg/Median Price$428,267 / $585,000Range$99,900 – $599,900Price per Sq Ft—Sq Ft—DOM34 / 41New0Total3
Multi-Family
Avg/Median Price$1,431,731 / $1,165,000Range$489,000 – $3,150,000Price per Sq Ft$334 / $321Sq Ft4,120 / 3,608DOM101 / 85New1Total13
Single Family
Avg/Median Price$570,125 / $545,000Range$259,000 – $1,249,000Price per Sq Ft$320 / $301Sq Ft1,928 / 2,046DOM50 / 25New6Total87
Townhouse
Avg/Median Price$455,657 / $399,900Range$324,900 – $950,000Price per Sq Ft$371 / $357Sq Ft1,263 / 1,119DOM94 / 52New0Total23
Sales by Bedroom Count
Studio
Avg:$189,250Median:$184,000Range:$179,000 – $205,000PSF:$415 / $400Sq Ft:457 / 439DOM:163 / 143New:0Total:4
1 Beds
Avg:$732,467Median:$259,000Range:$215,900 – $3,150,000PSF:$374 / $325Sq Ft:1,571 / 781DOM:118 / 94New:1Total:6
2 Beds
Avg:$383,788Median:$375,000Range:$200,000 – $700,000PSF:$351 / $330Sq Ft:1,182 / 1,048DOM:65 / 32New:5Total:52
3 Beds
Avg:$541,007Median:$509,000Range:$325,000 – $899,900PSF:$316 / $318Sq Ft:1,769 / 1,650DOM:78 / 44New:1Total:55
4 Beds
Avg:$633,692Median:$641,500Range:$389,900 – $950,000PSF:$280 / $273Sq Ft:2,356 / 2,380DOM:49 / 21New:1Total:26
5 Beds
Avg:$1,356,243Median:$1,249,000Range:$585,000 – $2,889,900PSF:$336 / $368Sq Ft:3,886 / 3,394DOM:114 / 164New:0Total:7
6 Beds
Avg:$1,244,950Median:$939,999Range:$939,999 – $1,549,900PSF:$368 / $308Sq Ft:3,340 / 3,051DOM:122 / 97New:0Total:2
7 Beds
Avg:$2,132,500Median:$1,165,000Range:$1,165,000 – $3,099,999PSF:$283 / $244Sq Ft:7,208 / 4,768DOM:85 / 85New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $189,250 | $184,000 | $179,000 – $205,000 | $415 / $400 | 457 / 439 | 163 / 143 | 0 | 4 |
| 1 Beds | $732,467 | $259,000 | $215,900 – $3,150,000 | $374 / $325 | 1,571 / 781 | 118 / 94 | 1 | 6 |
| 2 Beds | $383,788 | $375,000 | $200,000 – $700,000 | $351 / $330 | 1,182 / 1,048 | 65 / 32 | 5 | 52 |
| 3 Beds | $541,007 | $509,000 | $325,000 – $899,900 | $316 / $318 | 1,769 / 1,650 | 78 / 44 | 1 | 55 |
| 4 Beds | $633,692 | $641,500 | $389,900 – $950,000 | $280 / $273 | 2,356 / 2,380 | 49 / 21 | 1 | 26 |
| 5 Beds | $1,356,243 | $1,249,000 | $585,000 – $2,889,900 | $336 / $368 | 3,886 / 3,394 | 114 / 164 | 0 | 7 |
| 6 Beds | $1,244,950 | $939,999 | $939,999 – $1,549,900 | $368 / $308 | 3,340 / 3,051 | 122 / 97 | 0 | 2 |
| 7 Beds | $2,132,500 | $1,165,000 | $1,165,000 – $3,099,999 | $283 / $244 | 7,208 / 4,768 | 85 / 85 | 0 | 2 |
Rental Market Overview
Median Rent
$1,685
+2.1%
Median DOM
1
0.0%
New Listings
39
Inventory
130
−3.7%
- Average Rent: $1,873
- Median Rent: $1,685
- Rent Range: $485 – $5,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 943 / 800
- Square Footage Range: 250 – 3,070
- Days on Market (Avg/Median): 32 / 1
- Days on Market Range: 1 – 334
- New Listings: 39
- Total Listings: 130
Rentals by Property Type
Apartment
$1,499
Median DOM: 1
Inventory: 81
MoM: +2.1%
Condo
$1,295
Median DOM: 1
Inventory: 3
MoM: +2.1%
Single Family
$2,695
Median DOM: 1
Inventory: 41
MoM: +2.1%
Townhouse
$1,400
Median DOM: 1
Inventory: 2
MoM: +2.1%
Apartment
Avg/Median Rent$1,547 / $1,499Range$485 – $2,700Rent per Sq Ft$2 / $2Sq Ft727 / 650DOM48 / 1New19Total81
Condo
Avg/Median Rent$1,542 / $1,295Range$1,036 – $2,295Rent per Sq Ft$2 / $2Sq Ft825 / 500DOM4 / 1New2Total3
Multi-Family
Avg/Median Rent$1,730 / $1,795Range$1,599 – $1,795Rent per Sq Ft$2 / $2Sq Ft803 / 900DOM18 / 11New1Total3
Single Family
Avg/Median Rent$2,559 / $2,695Range$995 – $5,995Rent per Sq Ft$2 / $2Sq Ft1,376 / 1,200DOM8 / 1New15Total41
Townhouse
Avg/Median Rent$1,700 / $1,400Range$1,400 – $2,000Rent per Sq Ft$2 / $2Sq Ft950 / 600DOM1 / 1New2Total2
Rentals by Bedroom Count
Studio
Avg:$1,142Median:$1,045Range:$485 – $1,995PSF:$3 / $3Sq Ft:446 / 384DOM:33 / 21New:1Total:14
1 Beds
Avg:$1,378Median:$1,399Range:$995 – $1,899PSF:$2 / $2Sq Ft:601 / 600DOM:43 / 1New:11Total:41
2 Beds
Avg:$1,900Median:$1,795Range:$650 – $2,995PSF:$2 / $2Sq Ft:926 / 900DOM:29 / 1New:23Total:52
3 Beds
Avg:$2,870Median:$2,895Range:$2,095 – $3,500PSF:$2 / $2Sq Ft:1,697 / 1,654DOM:21 / 1New:4Total:13
4 Beds
Avg:$3,489Median:$3,195Range:$2,500 – $5,995PSF:$2 / $1Sq Ft:2,166 / 2,375DOM:13 / 1New:0Total:9
5 Beds
Avg:$3,495Median:$3,495Range:$3,495 – $3,495PSF:$2 / $2Sq Ft:1,976 / 1,976DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,142 | $1,045 | $485 – $1,995 | $3 / $3 | 446 / 384 | 33 / 21 | 1 | 14 |
| 1 Beds | $1,378 | $1,399 | $995 – $1,899 | $2 / $2 | 601 / 600 | 43 / 1 | 11 | 41 |
| 2 Beds | $1,900 | $1,795 | $650 – $2,995 | $2 / $2 | 926 / 900 | 29 / 1 | 23 | 52 |
| 3 Beds | $2,870 | $2,895 | $2,095 – $3,500 | $2 / $2 | 1,697 / 1,654 | 21 / 1 | 4 | 13 |
| 4 Beds | $3,489 | $3,195 | $2,500 – $5,995 | $2 / $1 | 2,166 / 2,375 | 13 / 1 | 0 | 9 |
| 5 Beds | $3,495 | $3,495 | $3,495 – $3,495 | $2 / $2 | 1,976 / 1,976 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$545,000Median DOM:20New:43Total:148
Apr 2026
Median Price:$525,000Median DOM:15New:64Total:174
May 2026
Median Price:$499,950Median DOM:23New:44Total:175
Jun 2026
Median Price:$499,000Median DOM:33New:36Total:168
Jul 2026
Median Price:$489,000Median DOM:35New:45Total:172
Aug 2026
Median Price:$474,900Median DOM:41New:8Total:157
6-Month Rental Trend
Mar 2026
Median Rent:$1,499Median DOM:13New:44Total:118
Apr 2026
Median Rent:$1,495Median DOM:1New:46Total:120
May 2026
Median Rent:$1,524Median DOM:1New:52Total:122
Jun 2026
Median Rent:$1,695Median DOM:1New:64Total:125
Jul 2026
Median Rent:$1,650Median DOM:1New:56Total:135
Aug 2026
Median Rent:$1,685Median DOM:1New:39Total:130
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 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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