ZIP 97214 Housing Market Report

Portland Metro

Report period: July 2026

97214 Monthly Market Update – July 2026

ZIP 97214 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$699,000
+0.6%
Median DOM (Sales)
38
+26.7%
New Listings (Sales)
6
−80.6%
Median Rent
$1,591
+1.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
381
+4.4%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (15 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($2,079,900 median)

Sales Market Overview

Median Price
$699,000
+0.6%
Median DOM
38
+26.7%
New Listings
6
−80.6%
Inventory
118
−2.5%
  • Average Price: $815,912
  • Median Price: $699,000
  • Price Range: $215,000 – $4,995,000
  • Price per Sq Ft (Avg/Median): $347 / $335
  • Square Footage (Avg/Median): 2,448 / 2,351
  • Square Footage Range: 586 – 10,394
  • Days on Market (Avg/Median): 62 / 38
  • Days on Market Range: 1 – 363
  • New Listings: 6
  • Total Listings: 118

Sales by Property Type

Condo
Avg/Median Price$365,164 / $349,900Range$215,000 – $599,900Price per Sq Ft$384 / $379Sq Ft1,011 / 909DOM75 / 49New1Total26
Land
Avg/Median Price$611,633 / $695,000Range$379,900 – $760,000Price per Sq FtSq FtDOM44 / 22New0Total3
Multi-Family
Avg/Median Price$1,228,052 / $950,000Range$625,000 – $2,995,000Price per Sq Ft$364 / $283Sq Ft3,671 / 3,195DOM117 / 91New2Total27
Single Family
Avg/Median Price$847,304 / $734,900Range$349,999 – $4,995,000Price per Sq Ft$313 / $304Sq Ft2,647 / 2,503DOM30 / 15New3Total57
Townhouse
Avg/Median Price$698,960 / $699,900Range$665,000 – $725,000Price per Sq Ft$469 / $425Sq Ft1,528 / 1,645DOM87 / 60New0Total5

Sales by Bedroom Count

Studio
Avg:$215,000Median:$215,000Range:$215,000 – $215,000PSF:$343 / $343Sq Ft:626 / 626DOM:143 / 143New:0Total:1
1 Beds
Avg:$413,977Median:$330,000Range:$264,500 – $1,595,000PSF:$412 / $412Sq Ft:1,176 / 744DOM:59 / 43New:0Total:13
2 Beds
Avg:$645,547Median:$515,510Range:$319,999 – $1,945,000PSF:$394 / $348Sq Ft:1,802 / 1,616DOM:76 / 49New:2Total:29
3 Beds
Avg:$843,112Median:$704,900Range:$445,000 – $2,995,000PSF:$292 / $294Sq Ft:2,743 / 2,475DOM:58 / 20New:1Total:32
4 Beds
Avg:$845,550Median:$735,000Range:$575,000 – $1,369,900PSF:$326 / $304Sq Ft:2,667 / 2,540DOM:58 / 15New:2Total:22
5 Beds
Avg:$1,356,360Median:$844,900Range:$539,900 – $4,995,000PSF:$357 / $337Sq Ft:3,499 / 3,024DOM:26 / 24New:0Total:10
6 Beds
Avg:$1,220,400Median:$1,195,000Range:$625,000 – $1,950,000PSF:$324 / $246Sq Ft:3,855 / 2,593DOM:58 / 57New:1Total:5
7 Beds
Avg:$1,399,000Median:$949,000Range:$949,000 – $1,849,000PSF:$309 / $283Sq Ft:4,681 / 2,824DOM:105 / 35New:0Total:2
8 Beds
Avg:$2,079,900Median:$2,079,900Range:$2,079,900 – $2,079,900PSF:$420 / $420Sq Ft:4,956 / 4,956DOM:154 / 154New:0Total:1

Rental Market Overview

Median Rent
$1,591
+1.5%
Median DOM
1
0.0%
New Listings
143
Inventory
381
+4.4%
  • Average Rent: $1,841
  • Median Rent: $1,591
  • Rent Range: $895 – $9,612
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 695 / 601
  • Square Footage Range: 296 – 2,396
  • Days on Market (Avg/Median): 20 / 1
  • Days on Market Range: 1 – 317
  • New Listings: 143
  • Total Listings: 381

Rentals by Property Type

Apartment
$1,550
Median DOM: 1
Inventory: 348
MoM: +1.5%
Condo
$1,445
Median DOM: 1
Inventory: 10
MoM: +1.5%
Single Family
$2,695
Median DOM: 1
Inventory: 19
MoM: +1.5%
Townhouse
$2,900
Median DOM: 1
Inventory: 3
MoM: +1.5%
Apartment
Avg/Median Rent$1,788 / $1,550Range$895 – $9,612Rent per Sq Ft$3 / $3Sq Ft652 / 600DOM22 / 1New130Total348
Condo
Avg/Median Rent$1,934 / $1,445Range$1,250 – $4,600Rent per Sq Ft$2 / $2Sq Ft916 / 700DOM2 / 1New3Total10
Multi-Family
Avg/Median Rent$2,295 / $2,295Range$2,295 – $2,295Rent per Sq Ft$2 / $2Sq Ft1,104 / 1,104DOM9 / 9New0Total1
Single Family
Avg/Median Rent$2,612 / $2,695Range$1,245 – $4,195Rent per Sq Ft$2 / $2Sq Ft1,173 / 1,296DOM1 / 1New9Total19
Townhouse
Avg/Median Rent$2,592 / $2,900Range$1,575 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,251 / 952DOM15 / 1New1Total3

Rentals by Bedroom Count

Studio
Avg:$1,348Median:$1,322Range:$895 – $2,449PSF:$3 / $3Sq Ft:477 / 448DOM:14 / 1New:35Total:106
1 Beds
Avg:$1,675Median:$1,599Range:$1,095 – $2,899PSF:$3 / $3Sq Ft:632 / 604DOM:19 / 1New:83Total:183
2 Beds
Avg:$2,237Median:$2,150Range:$1,350 – $3,844PSF:$2 / $2Sq Ft:961 / 900DOM:17 / 1New:20Total:70
3 Beds
Avg:$3,781Median:$3,145Range:$1,695 – $9,414PSF:$3 / $2Sq Ft:1,368 / 1,296DOM:52 / 1New:5Total:18
4 Beds
Avg:$6,821Median:$4,600Range:$3,690 – $9,612PSF:$4 / $2Sq Ft:1,788 / 1,679DOM:134 / 8New:0Total:4

6-Month Sales Trend

Feb 2026
Median Price:$695,000Median DOM:52New:21Total:84
Mar 2026
Median Price:$699,900Median DOM:29New:27Total:94
Apr 2026
Median Price:$725,000Median DOM:26New:32Total:109
May 2026
Median Price:$699,900Median DOM:24New:43Total:119
Jun 2026
Median Price:$695,000Median DOM:30New:31Total:121
Jul 2026
Median Price:$699,000Median DOM:38New:6Total:118

6-Month Rental Trend

Feb 2026
Median Rent:$1,495Median DOM:1New:168Total:342
Mar 2026
Median Rent:$1,500Median DOM:1New:152Total:315
Apr 2026
Median Rent:$1,520Median DOM:1New:182Total:333
May 2026
Median Rent:$1,549Median DOM:1New:209Total:351
Jun 2026
Median Rent:$1,568Median DOM:1New:211Total:365
Jul 2026
Median Rent:$1,591Median DOM:1New:143Total:381

Key Market Takeaways

Median sale prices moved higher 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.

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