ZIP 97215 Housing Market Report
Portland Metro
Report period: August 2026
97215 Monthly Market Update – August 2026
ZIP 97215 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$699,900
+0.3%
Median DOM (Sales)
35
+6.1%
New Listings (Sales)
6
−64.7%
Median Rent
$1,795
0.0%
Median DOM (Rental)
8
−11.1%
Total Rental Listings
65
+6.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (21 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($2,250,000 median)
Sales Market Overview
Median Price
$699,900
+0.3%
Median DOM
35
+6.1%
New Listings
6
−64.7%
Inventory
76
−2.6%
- Average Price: $990,656
- Median Price: $699,900
- Price Range: $232,800 – $7,500,000
- Price per Sq Ft (Avg/Median): $337 / $335
- Square Footage (Avg/Median): 2,730 / 2,358
- Square Footage Range: 542 – 10,192
- Days on Market (Avg/Median): 60 / 35
- Days on Market Range: 1 – 364
- New Listings: 6
- Total Listings: 76
Sales by Property Type
Condo
Avg/Median Price$301,450 / $281,000Range$232,800 – $395,000Price per Sq Ft$392 / $361Sq Ft785 / 762DOM68 / 35New0Total6
Land
Avg/Median Price$1,661,750 / $699,000Range$349,000 – $3,999,000Price per Sq Ft—Sq Ft—DOM246 / 232New0Total4
Multi-Family
Avg/Median Price$2,187,978 / $895,000Range$579,000 – $7,500,000Price per Sq Ft$303 / $263Sq Ft5,876 / 3,616DOM113 / 57New0Total9
Single Family
Avg/Median Price$845,604 / $750,000Range$375,000 – $2,700,000Price per Sq Ft$333 / $332Sq Ft2,670 / 2,472DOM39 / 21New6Total54
Townhouse
Avg/Median Price$493,250 / $429,900Range$419,900 – $629,950Price per Sq Ft$376 / $416Sq Ft1,408 / 1,009DOM41 / 25New0Total3
Sales by Bedroom Count
Studio
Avg:$232,800Median:$232,800Range:$232,800 – $232,800PSF:$430 / $430Sq Ft:542 / 542DOM:104 / 104New:0Total:1
1 Beds
Avg:$1,781,200Median:$375,000Range:$299,900 – $4,799,900PSF:$401 / $456Sq Ft:5,026 / 822DOM:181 / 94New:0Total:4
2 Beds
Avg:$495,669Median:$439,000Range:$275,000 – $1,095,000PSF:$370 / $361Sq Ft:1,360 / 1,140DOM:44 / 25New:2Total:13
3 Beds
Avg:$1,008,426Median:$699,900Range:$482,000 – $7,500,000PSF:$336 / $333Sq Ft:2,307 / 2,286DOM:47 / 46New:3Total:27
4 Beds
Avg:$890,949Median:$809,900Range:$579,000 – $1,900,000PSF:$316 / $326Sq Ft:2,885 / 2,900DOM:30 / 21New:0Total:18
5 Beds
Avg:$821,167Median:$789,000Range:$649,000 – $1,050,000PSF:$317 / $300Sq Ft:2,623 / 2,480DOM:45 / 8New:1Total:6
6 Beds
Avg:$1,700,000Median:$1,700,000Range:$1,700,000 – $1,700,000PSF:$167 / $167Sq Ft:10,192 / 10,192DOM:96 / 96New:0Total:1
7 Beds
Avg:$2,475,000Median:$2,250,000Range:$2,250,000 – $2,700,000PSF:$285 / $263Sq Ft:8,682 / 8,550DOM:57 / 57New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $232,800 | $232,800 | $232,800 – $232,800 | $430 / $430 | 542 / 542 | 104 / 104 | 0 | 1 |
| 1 Beds | $1,781,200 | $375,000 | $299,900 – $4,799,900 | $401 / $456 | 5,026 / 822 | 181 / 94 | 0 | 4 |
| 2 Beds | $495,669 | $439,000 | $275,000 – $1,095,000 | $370 / $361 | 1,360 / 1,140 | 44 / 25 | 2 | 13 |
| 3 Beds | $1,008,426 | $699,900 | $482,000 – $7,500,000 | $336 / $333 | 2,307 / 2,286 | 47 / 46 | 3 | 27 |
| 4 Beds | $890,949 | $809,900 | $579,000 – $1,900,000 | $316 / $326 | 2,885 / 2,900 | 30 / 21 | 0 | 18 |
| 5 Beds | $821,167 | $789,000 | $649,000 – $1,050,000 | $317 / $300 | 2,623 / 2,480 | 45 / 8 | 1 | 6 |
| 6 Beds | $1,700,000 | $1,700,000 | $1,700,000 – $1,700,000 | $167 / $167 | 10,192 / 10,192 | 96 / 96 | 0 | 1 |
| 7 Beds | $2,475,000 | $2,250,000 | $2,250,000 – $2,700,000 | $285 / $263 | 8,682 / 8,550 | 57 / 57 | 0 | 2 |
Rental Market Overview
Median Rent
$1,795
0.0%
Median DOM
8
−11.1%
New Listings
14
Inventory
65
+6.6%
- Average Rent: $2,110
- Median Rent: $1,795
- Rent Range: $825 – $5,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,072 / 900
- Square Footage Range: 268 – 2,298
- Days on Market (Avg/Median): 47 / 8
- Days on Market Range: 1 – 246
- New Listings: 14
- Total Listings: 65
Rentals by Property Type
Apartment
$1,450
Median DOM: 40
Inventory: 42
MoM: 0.0%
Condo
$2,099
Median DOM: 1
Inventory: 5
MoM: 0.0%
Single Family
$2,995
Median DOM: 1
Inventory: 16
MoM: 0.0%
Townhouse
$2,150
Median DOM: 1
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,689 / $1,450Range$825 – $5,995Rent per Sq Ft$2 / $2Sq Ft826 / 780DOM67 / 40New6Total42
Condo
Avg/Median Rent$2,377 / $2,099Range$1,895 – $3,795Rent per Sq Ft$2 / $2Sq Ft1,076 / 947DOM1 / 1New2Total5
Multi-Family
Avg/Median Rent$2,250 / $2,250Range$2,250 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,750 / 1,750DOM5 / 5New0Total1
Single Family
Avg/Median Rent$3,120 / $2,995Range$1,400 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,628 / 1,700DOM21 / 1New6Total16
Townhouse
Avg/Median Rent$2,150 / $2,150Range$2,150 – $2,150Rent per Sq Ft$2 / $2Sq Ft906 / 906DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,266Median:$1,099Range:$825 – $2,506PSF:$3 / $3Sq Ft:393 / 380DOM:91 / 118New:0Total:8
1 Beds
Avg:$1,530Median:$1,425Range:$1,025 – $2,800PSF:$2 / $2Sq Ft:725 / 705DOM:81 / 52New:2Total:15
2 Beds
Avg:$1,747Median:$1,695Range:$1,295 – $2,395PSF:$2 / $2Sq Ft:931 / 893DOM:36 / 5New:7Total:24
3 Beds
Avg:$3,379Median:$3,195Range:$2,350 – $5,995PSF:$2 / $2Sq Ft:1,656 / 1,700DOM:23 / 1New:5Total:13
4 Beds
Avg:$3,847Median:$3,098Range:$2,995 – $5,500PSF:$2 / $2Sq Ft:1,828 / 1,800DOM:16 / 1New:0Total:4
5 Beds
Avg:$2,799Median:$2,799Range:$2,799 – $2,799PSF:—Sq Ft:—DOM:14 / 14New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,266 | $1,099 | $825 – $2,506 | $3 / $3 | 393 / 380 | 91 / 118 | 0 | 8 |
| 1 Beds | $1,530 | $1,425 | $1,025 – $2,800 | $2 / $2 | 725 / 705 | 81 / 52 | 2 | 15 |
| 2 Beds | $1,747 | $1,695 | $1,295 – $2,395 | $2 / $2 | 931 / 893 | 36 / 5 | 7 | 24 |
| 3 Beds | $3,379 | $3,195 | $2,350 – $5,995 | $2 / $2 | 1,656 / 1,700 | 23 / 1 | 5 | 13 |
| 4 Beds | $3,847 | $3,098 | $2,995 – $5,500 | $2 / $2 | 1,828 / 1,800 | 16 / 1 | 0 | 4 |
| 5 Beds | $2,799 | $2,799 | $2,799 – $2,799 | — | — | 14 / 14 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$675,000Median DOM:21New:22Total:62
Apr 2026
Median Price:$650,000Median DOM:11New:35Total:82
May 2026
Median Price:$650,000Median DOM:12New:39Total:101
Jun 2026
Median Price:$650,000Median DOM:22New:17Total:88
Jul 2026
Median Price:$697,900Median DOM:33New:17Total:78
Aug 2026
Median Price:$699,900Median DOM:35New:6Total:76
6-Month Rental Trend
Mar 2026
Median Rent:$1,550Median DOM:1New:35Total:72
Apr 2026
Median Rent:$1,575Median DOM:1New:27Total:74
May 2026
Median Rent:$1,575Median DOM:2New:21Total:72
Jun 2026
Median Rent:$1,495Median DOM:7New:22Total:64
Jul 2026
Median Rent:$1,795Median DOM:9New:22Total:61
Aug 2026
Median Rent:$1,795Median DOM:8New:14Total:65
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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.
970059700697007970089702497027970309703497035970609706297068970709720197202972039720497205972069720997210972119721297213972149721597216972179721897219+14 more
← Back to Portland Metro