ZIP 97215 Housing Market Report
Portland Metro
Report period: July 2026
97215 Monthly Market Update – July 2026
ZIP 97215 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$675,000
+3.8%
Median DOM (Sales)
28
+27.3%
New Listings (Sales)
5
−70.6%
Median Rent
$1,595
+6.7%
Median DOM (Rental)
14
+100.0%
Total Rental Listings
66
+3.1%
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 (16 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($2,250,000 median)
Sales Market Overview
Median Price
$675,000
+3.8%
Median DOM
28
+27.3%
New Listings
5
−70.6%
Inventory
83
−5.7%
- Average Price: $975,899
- Median Price: $675,000
- Price Range: $240,000 – $7,500,000
- Price per Sq Ft (Avg/Median): $332 / $333
- Square Footage (Avg/Median): 2,658 / 2,184
- Square Footage Range: 542 – 10,192
- Days on Market (Avg/Median): 53 / 28
- Days on Market Range: 1 – 364
- New Listings: 5
- Total Listings: 83
Sales by Property Type
Condo
Avg/Median Price$361,701 / $299,900Range$240,000 – $575,000Price per Sq Ft$390 / $367Sq Ft969 / 808DOM61 / 71New1Total8
Land
Avg/Median Price$1,916,000 / $625,000Range$440,000 – $4,999,000Price per Sq Ft—Sq Ft—DOM201 / 183New0Total4
Multi-Family
Avg/Median Price$2,184,644 / $895,000Range$579,000 – $7,500,000Price per Sq Ft$327 / $300Sq Ft6,328 / 8,550DOM140 / 57New0Total9
Single Family
Avg/Median Price$821,971 / $695,000Range$375,000 – $3,150,000Price per Sq Ft$326 / $325Sq Ft2,586 / 2,298DOM30 / 16New4Total61
Townhouse
Avg/Median Price$639,950 / $639,950Range$639,950 – $639,950Price per Sq Ft$290 / $290Sq Ft2,206 / 2,206DOM46 / 46New0Total1
Sales by Bedroom Count
Studio
Avg:$240,000Median:$240,000Range:$240,000 – $240,000PSF:$443 / $443Sq Ft:542 / 542DOM:74 / 74New:0Total:1
1 Beds
Avg:$1,781,200Median:$375,000Range:$299,900 – $4,799,900PSF:$401 / $456Sq Ft:5,026 / 822DOM:162 / 64New:0Total:4
2 Beds
Avg:$506,571Median:$490,000Range:$278,810 – $1,095,000PSF:$347 / $349Sq Ft:1,501 / 1,623DOM:37 / 15New:1Total:17
3 Beds
Avg:$960,330Median:$639,950Range:$395,000 – $7,500,000PSF:$322 / $325Sq Ft:2,284 / 2,184DOM:39 / 30New:1Total:30
4 Beds
Avg:$913,364Median:$750,000Range:$579,000 – $3,150,000PSF:$327 / $312Sq Ft:2,811 / 2,847DOM:24 / 21New:2Total:17
5 Beds
Avg:$910,286Median:$849,000Range:$649,000 – $1,395,000PSF:$327 / $318Sq Ft:2,789 / 2,724DOM:87 / 8New:1Total:7
6 Beds
Avg:$1,700,000Median:$1,700,000Range:$1,700,000 – $1,700,000PSF:$167 / $167Sq Ft:10,192 / 10,192DOM:66 / 66New: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 | $240,000 | $240,000 | $240,000 – $240,000 | $443 / $443 | 542 / 542 | 74 / 74 | 0 | 1 |
| 1 Beds | $1,781,200 | $375,000 | $299,900 – $4,799,900 | $401 / $456 | 5,026 / 822 | 162 / 64 | 0 | 4 |
| 2 Beds | $506,571 | $490,000 | $278,810 – $1,095,000 | $347 / $349 | 1,501 / 1,623 | 37 / 15 | 1 | 17 |
| 3 Beds | $960,330 | $639,950 | $395,000 – $7,500,000 | $322 / $325 | 2,284 / 2,184 | 39 / 30 | 1 | 30 |
| 4 Beds | $913,364 | $750,000 | $579,000 – $3,150,000 | $327 / $312 | 2,811 / 2,847 | 24 / 21 | 2 | 17 |
| 5 Beds | $910,286 | $849,000 | $649,000 – $1,395,000 | $327 / $318 | 2,789 / 2,724 | 87 / 8 | 1 | 7 |
| 6 Beds | $1,700,000 | $1,700,000 | $1,700,000 – $1,700,000 | $167 / $167 | 10,192 / 10,192 | 66 / 66 | 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
$1,595
+6.7%
Median DOM
14
+100.0%
New Listings
14
Inventory
66
+3.1%
- Average Rent: $1,957
- Median Rent: $1,595
- Rent Range: $825 – $5,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 947 / 800
- Square Footage Range: 273 – 1,999
- Days on Market (Avg/Median): 44 / 14
- Days on Market Range: 1 – 216
- New Listings: 14
- Total Listings: 66
Rentals by Property Type
Apartment
$1,425
Median DOM: 41
Inventory: 48
MoM: +6.7%
Condo
$1,999
Median DOM: 1
Inventory: 4
MoM: +6.7%
Single Family
$2,995
Median DOM: 1
Inventory: 11
MoM: +6.7%
Townhouse
$2,150
Median DOM: 1
Inventory: 2
MoM: +6.7%
Apartment
Avg/Median Rent$1,608 / $1,425Range$825 – $5,995Rent per Sq Ft$2 / $2Sq Ft776 / 736DOM57 / 41New6Total48
Condo
Avg/Median Rent$2,447 / $1,999Range$1,895 – $3,795Rent per Sq Ft$2 / $2Sq Ft1,108 / 850DOM1 / 1New3Total4
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$3,207 / $2,995Range$1,495 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,485 / 1,500DOM25 / 1New4Total11
Townhouse
Avg/Median Rent$2,348 / $2,150Range$2,150 – $2,545Rent per Sq Ft$2 / $2Sq Ft1,028 / 906DOM1 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,237Median:$1,049Range:$825 – $2,858PSF:$3 / $3Sq Ft:367 / 325DOM:49 / 11New:1Total:11
1 Beds
Avg:$1,474Median:$1,425Range:$995 – $2,800PSF:$2 / $2Sq Ft:687 / 700DOM:70 / 53New:1Total:19
2 Beds
Avg:$1,774Median:$1,695Range:$1,295 – $2,395PSF:$2 / $2Sq Ft:943 / 836DOM:33 / 8New:8Total:23
3 Beds
Avg:$3,509Median:$3,200Range:$2,350 – $5,995PSF:$2 / $2Sq Ft:1,582 / 1,600DOM:30 / 1New:4Total:9
4 Beds
Avg:$4,131Median:$3,795Range:$3,098 – $5,500PSF:$2 / $2Sq Ft:1,706 / 1,800DOM:9 / 1New:0Total:3
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 | $1,237 | $1,049 | $825 – $2,858 | $3 / $3 | 367 / 325 | 49 / 11 | 1 | 11 |
| 1 Beds | $1,474 | $1,425 | $995 – $2,800 | $2 / $2 | 687 / 700 | 70 / 53 | 1 | 19 |
| 2 Beds | $1,774 | $1,695 | $1,295 – $2,395 | $2 / $2 | 943 / 836 | 33 / 8 | 8 | 23 |
| 3 Beds | $3,509 | $3,200 | $2,350 – $5,995 | $2 / $2 | 1,582 / 1,600 | 30 / 1 | 4 | 9 |
| 4 Beds | $4,131 | $3,795 | $3,098 – $5,500 | $2 / $2 | 1,706 / 1,800 | 9 / 1 | 0 | 3 |
| 5 Beds | $2,799 | $2,799 | $2,799 – $2,799 | — | — | 14 / 14 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$659,000Median DOM:42New:13Total:62
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:$675,000Median DOM:28New:5Total:83
6-Month Rental Trend
Feb 2026
Median Rent:$1,550Median DOM:1New:34Total:73
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:$1,595Median DOM:14New:14Total:66
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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