ZIP 97214 Housing Market Report
Portland Metro
Report period: August 2026
97214 Monthly Market Update – August 2026
ZIP 97214 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$660,000
−5.0%
Median DOM (Sales)
50
+4.2%
New Listings (Sales)
6
−70.0%
Median Rent
$1,583
−0.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
394
+1.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (18 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($1,132,000 median)
Sales Market Overview
Median Price
$660,000
−5.0%
Median DOM
50
+4.2%
New Listings
6
−70.0%
Inventory
106
−2.8%
- Average Price: $788,310
- Median Price: $660,000
- Price Range: $215,000 – $4,995,000
- Price per Sq Ft (Avg/Median): $343 / $328
- Square Footage (Avg/Median): 2,421 / 2,319
- Square Footage Range: 458 – 10,394
- Days on Market (Avg/Median): 68 / 50
- Days on Market Range: 2 – 326
- New Listings: 6
- Total Listings: 106
Sales by Property Type
Condo
Avg/Median Price$355,581 / $343,900Range$215,000 – $579,900Price per Sq Ft$389 / $383Sq Ft1,029 / 863DOM86 / 57New1Total26
Land
Avg/Median Price$741,225 / $625,000Range$379,900 – $1,200,000Price per Sq Ft—Sq Ft—DOM43 / 30New1Total4
Multi-Family
Avg/Median Price$1,205,635 / $935,000Range$625,000 – $2,995,000Price per Sq Ft$355 / $283Sq Ft3,657 / 3,110DOM122 / 87New0Total23
Single Family
Avg/Median Price$830,965 / $685,000Range$389,900 – $4,995,000Price per Sq Ft$301 / $304Sq Ft2,701 / 2,540DOM39 / 18New4Total49
Townhouse
Avg/Median Price$726,000 / $725,000Range$665,000 – $789,000Price per Sq Ft$486 / $434Sq Ft1,537 / 1,308DOM59 / 50New0Total4
Sales by Bedroom Count
Studio
Avg:$215,000Median:$215,000Range:$215,000 – $215,000PSF:$343 / $343Sq Ft:626 / 626DOM:165 / 165New:0Total:1
1 Beds
Avg:$394,369Median:$319,900Range:$225,000 – $1,495,000PSF:$424 / $434Sq Ft:1,136 / 730DOM:71 / 50New:1Total:13
2 Beds
Avg:$668,374Median:$499,900Range:$319,999 – $1,945,000PSF:$391 / $356Sq Ft:1,879 / 1,692DOM:74 / 69New:1Total:27
3 Beds
Avg:$824,307Median:$685,000Range:$445,000 – $2,995,000PSF:$296 / $303Sq Ft:2,663 / 2,396DOM:61 / 38New:2Total:30
4 Beds
Avg:$841,172Median:$795,000Range:$569,900 – $1,369,900PSF:$301 / $285Sq Ft:2,845 / 2,905DOM:63 / 13New:1Total:18
5 Beds
Avg:$1,616,967Median:$799,900Range:$529,900 – $4,995,000PSF:$352 / $267Sq Ft:4,122 / 3,195DOM:47 / 54New:0Total:6
6 Beds
Avg:$970,400Median:$1,132,000Range:$625,000 – $1,200,000PSF:$285 / $232Sq Ft:3,348 / 2,593DOM:79 / 87New:0Total:5
7 Beds
Avg:$1,392,000Median:$935,000Range:$935,000 – $1,849,000PSF:$307 / $283Sq Ft:4,681 / 2,824DOM:135 / 65New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $215,000 | $215,000 | $215,000 – $215,000 | $343 / $343 | 626 / 626 | 165 / 165 | 0 | 1 |
| 1 Beds | $394,369 | $319,900 | $225,000 – $1,495,000 | $424 / $434 | 1,136 / 730 | 71 / 50 | 1 | 13 |
| 2 Beds | $668,374 | $499,900 | $319,999 – $1,945,000 | $391 / $356 | 1,879 / 1,692 | 74 / 69 | 1 | 27 |
| 3 Beds | $824,307 | $685,000 | $445,000 – $2,995,000 | $296 / $303 | 2,663 / 2,396 | 61 / 38 | 2 | 30 |
| 4 Beds | $841,172 | $795,000 | $569,900 – $1,369,900 | $301 / $285 | 2,845 / 2,905 | 63 / 13 | 1 | 18 |
| 5 Beds | $1,616,967 | $799,900 | $529,900 – $4,995,000 | $352 / $267 | 4,122 / 3,195 | 47 / 54 | 0 | 6 |
| 6 Beds | $970,400 | $1,132,000 | $625,000 – $1,200,000 | $285 / $232 | 3,348 / 2,593 | 79 / 87 | 0 | 5 |
| 7 Beds | $1,392,000 | $935,000 | $935,000 – $1,849,000 | $307 / $283 | 4,681 / 2,824 | 135 / 65 | 0 | 2 |
Rental Market Overview
Median Rent
$1,583
−0.8%
Median DOM
1
0.0%
New Listings
137
Inventory
394
+1.8%
- Average Rent: $1,826
- Median Rent: $1,583
- Rent Range: $915 – $9,612
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 696 / 618
- Square Footage Range: 296 – 2,200
- Days on Market (Avg/Median): 21 / 1
- Days on Market Range: 1 – 301
- New Listings: 137
- Total Listings: 394
Rentals by Property Type
Apartment
$1,564
Median DOM: 1
Inventory: 357
MoM: −0.8%
Condo
$1,495
Median DOM: 1
Inventory: 12
MoM: −0.8%
Single Family
$2,695
Median DOM: 1
Inventory: 21
MoM: −0.8%
Townhouse
$1,575
Median DOM: 1
Inventory: 2
MoM: −0.8%
Apartment
Avg/Median Rent$1,776 / $1,564Range$915 – $9,612Rent per Sq Ft$3 / $3Sq Ft662 / 604DOM23 / 1New124Total357
Condo
Avg/Median Rent$2,033 / $1,495Range$1,250 – $4,600Rent per Sq Ft$2 / $2Sq Ft911 / 700DOM2 / 1New3Total12
Multi-Family
Avg/Median Rent$1,845 / $1,395Range$1,395 – $2,295Rent per Sq Ft$2 / $2Sq Ft827 / 550DOM5 / 1New1Total2
Single Family
Avg/Median Rent$2,512 / $2,695Range$1,245 – $3,795Rent per Sq Ft$3 / $3Sq Ft1,067 / 1,000DOM1 / 1New8Total21
Townhouse
Avg/Median Rent$2,162 / $1,575Range$1,575 – $2,749Rent per Sq Ft$2 / $2Sq Ft1,000 / 800DOM1 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,344Median:$1,325Range:$915 – $2,449PSF:$3 / $3Sq Ft:472 / 445DOM:19 / 1New:24Total:100
1 Beds
Avg:$1,680Median:$1,599Range:$990 – $3,495PSF:$3 / $3Sq Ft:652 / 620DOM:17 / 1New:85Total:205
2 Beds
Avg:$2,240Median:$2,195Range:$1,350 – $3,844PSF:$2 / $2Sq Ft:989 / 939DOM:18 / 1New:26Total:74
3 Beds
Avg:$4,251Median:$3,250Range:$2,138 – $9,414PSF:$3 / $2Sq Ft:1,313 / 1,296DOM:67 / 1New:2Total:12
4 Beds
Avg:$7,865Median:$9,383Range:$4,600 – $9,612PSF:$5 / $6Sq Ft:1,688 / 1,679DOM:177 / 259New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,344 | $1,325 | $915 – $2,449 | $3 / $3 | 472 / 445 | 19 / 1 | 24 | 100 |
| 1 Beds | $1,680 | $1,599 | $990 – $3,495 | $3 / $3 | 652 / 620 | 17 / 1 | 85 | 205 |
| 2 Beds | $2,240 | $2,195 | $1,350 – $3,844 | $2 / $2 | 989 / 939 | 18 / 1 | 26 | 74 |
| 3 Beds | $4,251 | $3,250 | $2,138 – $9,414 | $3 / $2 | 1,313 / 1,296 | 67 / 1 | 2 | 12 |
| 4 Beds | $7,865 | $9,383 | $4,600 – $9,612 | $5 / $6 | 1,688 / 1,679 | 177 / 259 | 0 | 3 |
6-Month Sales Trend
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:$695,000Median DOM:48New:20Total:109
Aug 2026
Median Price:$660,000Median DOM:50New:6Total:106
6-Month Rental Trend
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:$1,595Median DOM:1New:213Total:387
Aug 2026
Median Rent:$1,583Median DOM:1New:137Total:394
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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