ZIP 97213 Housing Market Report
Portland Metro
Report period: May 2026
97213 Monthly Market Update – May 2026
ZIP 97213 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$519,900
−1.0%
Median DOM (Sales)
17
+13.3%
New Listings (Sales)
15
−76.6%
Median Rent
$1,495
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
124
+3.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (9 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($1,165,000 median)
Sales Market Overview
Median Price
$519,900
−1.0%
Median DOM
17
+13.3%
New Listings
15
−76.6%
Inventory
175
+0.6%
- Average Price: $609,981
- Median Price: $519,900
- Price Range: $179,000 – $3,339,900
- Price per Sq Ft (Avg/Median): $330 / $324
- Square Footage (Avg/Median): 1,949 / 1,676
- Square Footage Range: 439 – 9,647
- Days on Market (Avg/Median): 54 / 17
- Days on Market Range: 2 – 310
- New Listings: 15
- Total Listings: 175
Sales by Property Type
Condo
Avg/Median Price$316,404 / $300,000Range$179,000 – $545,000Price per Sq Ft$354 / $335Sq Ft920 / 912DOM95 / 52New2Total28
Land
Avg/Median Price$320,000 / $320,000Range$320,000 – $320,000Price per Sq Ft—Sq Ft—DOM296 / 296New0Total1
Multi-Family
Avg/Median Price$1,501,210 / $1,165,000Range$489,000 – $3,339,900Price per Sq Ft$327 / $320Sq Ft4,428 / 3,629DOM117 / 74New0Total10
Single Family
Avg/Median Price$623,912 / $565,000Range$199,000 – $1,950,000Price per Sq Ft$321 / $306Sq Ft2,059 / 2,143DOM37 / 9New13Total120
Townhouse
Avg/Median Price$480,362 / $419,900Range$319,900 – $855,000Price per Sq Ft$361 / $357Sq Ft1,370 / 1,177DOM61 / 26New0Total16
Sales by Bedroom Count
Studio
Avg:$212,000Median:$189,000Range:$179,000 – $275,000PSF:$414 / $396Sq Ft:517 / 439DOM:90 / 52New:0Total:4
1 Beds
Avg:$299,856Median:$260,000Range:$225,000 – $545,000PSF:$371 / $381Sq Ft:841 / 781DOM:80 / 23New:1Total:9
2 Beds
Avg:$403,115Median:$385,000Range:$199,000 – $605,000PSF:$372 / $361Sq Ft:1,146 / 985DOM:50 / 24New:4Total:43
3 Beds
Avg:$551,571Median:$524,999Range:$359,900 – $995,000PSF:$313 / $306Sq Ft:1,844 / 1,907DOM:54 / 13New:6Total:62
4 Beds
Avg:$749,986Median:$689,900Range:$389,900 – $1,950,000PSF:$304 / $300Sq Ft:2,476 / 2,550DOM:31 / 6New:3Total:37
5 Beds
Avg:$1,181,515Median:$899,000Range:$499,000 – $3,339,900PSF:$308 / $296Sq Ft:3,665 / 3,302DOM:34 / 12New:0Total:13
6 Beds
Avg:$993,600Median:$799,500Range:$525,000 – $1,549,900PSF:$316 / $265Sq Ft:3,040 / 3,014DOM:168 / 55New:1Total:4
7 Beds
Avg:$2,132,500Median:$1,165,000Range:$1,165,000 – $3,099,999PSF:$283 / $244Sq Ft:7,208 / 4,768DOM:155 / 32New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $212,000 | $189,000 | $179,000 – $275,000 | $414 / $396 | 517 / 439 | 90 / 52 | 0 | 4 |
| 1 Beds | $299,856 | $260,000 | $225,000 – $545,000 | $371 / $381 | 841 / 781 | 80 / 23 | 1 | 9 |
| 2 Beds | $403,115 | $385,000 | $199,000 – $605,000 | $372 / $361 | 1,146 / 985 | 50 / 24 | 4 | 43 |
| 3 Beds | $551,571 | $524,999 | $359,900 – $995,000 | $313 / $306 | 1,844 / 1,907 | 54 / 13 | 6 | 62 |
| 4 Beds | $749,986 | $689,900 | $389,900 – $1,950,000 | $304 / $300 | 2,476 / 2,550 | 31 / 6 | 3 | 37 |
| 5 Beds | $1,181,515 | $899,000 | $499,000 – $3,339,900 | $308 / $296 | 3,665 / 3,302 | 34 / 12 | 0 | 13 |
| 6 Beds | $993,600 | $799,500 | $525,000 – $1,549,900 | $316 / $265 | 3,040 / 3,014 | 168 / 55 | 1 | 4 |
| 7 Beds | $2,132,500 | $1,165,000 | $1,165,000 – $3,099,999 | $283 / $244 | 7,208 / 4,768 | 155 / 32 | 0 | 2 |
Rental Market Overview
Median Rent
$1,495
0.0%
Median DOM
1
0.0%
New Listings
36
Inventory
124
+3.3%
- Average Rent: $1,681
- Median Rent: $1,495
- Rent Range: $725 – $4,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 800 / 698
- Square Footage Range: 286 – 3,446
- Days on Market (Avg/Median): 40 / 1
- Days on Market Range: 1 – 318
- New Listings: 36
- Total Listings: 124
Rentals by Property Type
Apartment
$1,395
Median DOM: 2
Inventory: 91
MoM: 0.0%
Condo
$1,797
Median DOM: 1
Inventory: 2
MoM: 0.0%
Single Family
$2,595
Median DOM: 1
Inventory: 25
MoM: 0.0%
Townhouse
$1,750
Median DOM: 57
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,455 / $1,395Range$875 – $2,345Rent per Sq Ft$2 / $2Sq Ft690 / 629DOM47 / 2New25Total91
Condo
Avg/Median Rent$1,846 / $1,797Range$1,797 – $1,895Rent per Sq Ft$2 / $2Sq Ft780 / 629DOM1 / 1New1Total2
Multi-Family
Avg/Median Rent$1,707 / $1,900Range$825 – $2,395Rent per Sq Ft$2 / $2Sq Ft701 / 704DOM84 / 31New0Total3
Single Family
Avg/Median Rent$2,477 / $2,595Range$725 – $4,995Rent per Sq Ft$2 / $2Sq Ft1,222 / 900DOM12 / 1New10Total25
Townhouse
Avg/Median Rent$1,778 / $1,750Range$1,650 – $1,935Rent per Sq Ft$2 / $2Sq Ft826 / 900DOM59 / 57New0Total3
Rentals by Bedroom Count
Studio
Avg:$1,134Median:$1,095Range:$825 – $1,379PSF:$3 / $3Sq Ft:410 / 399DOM:65 / 29New:0Total:10
1 Beds
Avg:$1,338Median:$1,375Range:$725 – $1,844PSF:$2 / $2Sq Ft:602 / 600DOM:51 / 1New:19Total:60
2 Beds
Avg:$1,795Median:$1,750Range:$1,295 – $3,500PSF:$2 / $2Sq Ft:895 / 850DOM:28 / 1New:10Total:37
3 Beds
Avg:$2,800Median:$2,595Range:$1,676 – $4,445PSF:$2 / $2Sq Ft:1,446 / 1,300DOM:20 / 1New:6Total:15
4 Beds
Avg:$4,190Median:$3,385Range:$3,385 – $4,995PSF:$3 / $2Sq Ft:1,706 / 1,352DOM:1 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,134 | $1,095 | $825 – $1,379 | $3 / $3 | 410 / 399 | 65 / 29 | 0 | 10 |
| 1 Beds | $1,338 | $1,375 | $725 – $1,844 | $2 / $2 | 602 / 600 | 51 / 1 | 19 | 60 |
| 2 Beds | $1,795 | $1,750 | $1,295 – $3,500 | $2 / $2 | 895 / 850 | 28 / 1 | 10 | 37 |
| 3 Beds | $2,800 | $2,595 | $1,676 – $4,445 | $2 / $2 | 1,446 / 1,300 | 20 / 1 | 6 | 15 |
| 4 Beds | $4,190 | $3,385 | $3,385 – $4,995 | $3 / $2 | 1,706 / 1,352 | 1 / 1 | 1 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$499,000Median DOM:72New:12Total:116
Jan 2026
Median Price:$499,000Median DOM:71New:33Total:113
Feb 2026
Median Price:$498,888Median DOM:34New:34Total:126
Mar 2026
Median Price:$545,000Median DOM:20New:43Total:148
Apr 2026
Median Price:$525,000Median DOM:15New:64Total:174
May 2026
Median Price:$519,900Median DOM:17New:15Total:175
6-Month Rental Trend
Dec 2025
Median Rent:$1,595Median DOM:3New:66Total:162
Jan 2026
Median Rent:$1,550Median DOM:3New:53Total:146
Feb 2026
Median Rent:$1,525Median DOM:13New:45Total:134
Mar 2026
Median Rent:$1,499Median DOM:13New:44Total:118
Apr 2026
Median Rent:$1,495Median DOM:1New:46Total:120
May 2026
Median Rent:$1,495Median DOM:1New:36Total:124
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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