ZIP 97219 Housing Market Report

Portland Metro

Report period: May 2026

97219 Monthly Market Update – May 2026

ZIP 97219 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$600,000
0.0%
Median DOM (Sales)
40
−4.8%
New Listings (Sales)
24
−69.2%
Median Rent
$1,499
−0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
184
+1.7%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Manufactured (13 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($4,368,900 median)

Sales Market Overview

Median Price
$600,000
0.0%
Median DOM
40
−4.8%
New Listings
24
−69.2%
Inventory
315
+3.6%
  • Average Price: $785,539
  • Median Price: $600,000
  • Price Range: $20,000 – $5,850,000
  • Price per Sq Ft (Avg/Median): $341 / $323
  • Square Footage (Avg/Median): 2,301 / 1,932
  • Square Footage Range: 661 – 11,876
  • Days on Market (Avg/Median): 64 / 40
  • Days on Market Range: 1 – 365
  • New Listings: 24
  • Total Listings: 315

Sales by Property Type

Condo
Avg/Median Price$334,277 / $329,900Range$119,900 – $614,900Price per Sq Ft$311 / $315Sq Ft1,107 / 998DOM75 / 61New0Total61
Land
Avg/Median Price$562,758 / $425,000Range$100,000 – $1,995,000Price per Sq FtSq FtDOM127 / 117New1Total19
Manufactured
Avg/Median Price$649,900 / $649,900Range$649,900 – $649,900Price per Sq Ft$186 / $186Sq Ft3,491 / 3,491DOM13 / 13New0Total1
Multi-Family
Avg/Median Price$1,720,167 / $1,669,900Range$625,000 – $4,368,900Price per Sq Ft$411 / $438Sq Ft4,125 / 3,767DOM64 / 61New0Total9
Single Family
Avg/Median Price$931,683 / $719,000Range$20,000 – $5,850,000Price per Sq Ft$346 / $323Sq Ft2,660 / 2,363DOM54 / 26New23Total202
Townhouse
Avg/Median Price$523,048 / $446,000Range$255,000 – $1,188,000Price per Sq Ft$351 / $344Sq Ft1,554 / 1,253DOM83 / 78New0Total23

Sales by Bedroom Count

1 Beds
Avg:$253,788Median:$269,900Range:$119,900 – $299,000PSF:$309 / $327Sq Ft:821 / 834DOM:97 / 72New:0Total:8
2 Beds
Avg:$375,303Median:$359,900Range:$20,000 – $750,000PSF:$343 / $319Sq Ft:1,112 / 990DOM:58 / 44New:0Total:65
3 Beds
Avg:$612,005Median:$589,000Range:$240,000 – $1,949,000PSF:$343 / $330Sq Ft:1,847 / 1,781DOM:59 / 28New:10Total:111
4 Beds
Avg:$955,775Median:$824,000Range:$500,000 – $3,695,000PSF:$322 / $310Sq Ft:2,917 / 2,744DOM:60 / 30New:7Total:65
5 Beds
Avg:$1,515,393Median:$1,150,000Range:$524,900 – $3,894,950PSF:$361 / $328Sq Ft:4,002 / 3,560DOM:67 / 38New:4Total:37
6 Beds
Avg:$1,854,485Median:$1,188,000Range:$815,000 – $5,850,000PSF:$369 / $332Sq Ft:4,711 / 3,767DOM:46 / 61New:2Total:8
8 Beds
Avg:$4,681,950Median:$4,368,900Range:$4,368,900 – $4,995,000PSF:$429 / $421Sq Ft:10,923 / 9,970DOM:85 / 65New:0Total:2

Rental Market Overview

Median Rent
$1,499
−0.1%
Median DOM
1
0.0%
New Listings
60
Inventory
184
+1.7%
  • Average Rent: $1,775
  • Median Rent: $1,499
  • Rent Range: $721 – $4,726
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 969 / 805
  • Square Footage Range: 273 – 3,593
  • Days on Market (Avg/Median): 30 / 1
  • Days on Market Range: 1 – 322
  • New Listings: 60
  • Total Listings: 184

Rentals by Property Type

Apartment
$1,400
Median DOM: 1
Inventory: 129
MoM: −0.1%
Condo
$1,525
Median DOM: 1
Inventory: 11
MoM: −0.1%
Single Family
$2,695
Median DOM: 1
Inventory: 42
MoM: −0.1%
Townhouse
$1,495
Median DOM: 1
Inventory: 1
MoM: −0.1%
Apartment
Avg/Median Rent$1,492 / $1,400Range$721 – $4,726Rent per Sq Ft$2 / $2Sq Ft744 / 738DOM41 / 1New42Total129
Condo
Avg/Median Rent$1,530 / $1,525Range$895 – $2,049Rent per Sq Ft$2 / $2Sq Ft702 / 600DOM13 / 1New1Total11
Multi-Family
Avg/Median Rent$2,295 / $2,295Range$2,295 – $2,295Rent per Sq Ft$2 / $2Sq Ft1,008 / 1,008DOM89 / 89New0Total1
Single Family
Avg/Median Rent$2,702 / $2,695Range$1,199 – $4,650Rent per Sq Ft$2 / $2Sq Ft1,588 / 1,373DOM2 / 1New17Total42
Townhouse
Avg/Median Rent$1,495 / $1,495Range$1,495 – $1,495Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM1 / 1New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,396Median:$1,474Range:$895 – $1,621PSF:$3 / $3Sq Ft:447 / 441DOM:1 / 1New:3Total:11
1 Beds
Avg:$1,254Median:$1,249Range:$721 – $2,562PSF:$3 / $2Sq Ft:576 / 580DOM:32 / 1New:19Total:72
2 Beds
Avg:$1,808Median:$1,595Range:$1,275 – $3,695PSF:$2 / $2Sq Ft:929 / 850DOM:42 / 1New:22Total:70
3 Beds
Avg:$2,744Median:$2,695Range:$1,995 – $3,750PSF:$2 / $2Sq Ft:1,520 / 1,373DOM:8 / 1New:10Total:22
4 Beds
Avg:$3,336Median:$3,200Range:$3,050 – $3,595PSF:$1 / $1Sq Ft:2,350 / 2,312DOM:1 / 1New:2Total:4
5 Beds
Avg:$3,907Median:$3,600Range:$3,395 – $4,726PSF:$2 / $1Sq Ft:2,648 / 2,600DOM:2 / 1New:2Total:3
6 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$1 / $1Sq Ft:3,593 / 3,593DOM:1 / 1New:1Total:1
8 Beds
Avg:$4,650Median:$4,650Range:$4,650 – $4,650PSF:$2 / $2Sq Ft:3,000 / 3,000DOM:1 / 1New:1Total:1

6-Month Sales Trend

Dec 2025
Median Price:$649,000Median DOM:88New:10Total:200
Jan 2026
Median Price:$599,888Median DOM:73New:59Total:199
Feb 2026
Median Price:$599,888Median DOM:37New:62Total:230
Mar 2026
Median Price:$599,000Median DOM:39New:70Total:264
Apr 2026
Median Price:$600,000Median DOM:42New:78Total:304
May 2026
Median Price:$600,000Median DOM:40New:24Total:315

6-Month Rental Trend

Dec 2025
Median Rent:$1,525Median DOM:1New:97Total:180
Jan 2026
Median Rent:$1,545Median DOM:1New:108Total:177
Feb 2026
Median Rent:$1,545Median DOM:1New:100Total:178
Mar 2026
Median Rent:$1,500Median DOM:1New:108Total:174
Apr 2026
Median Rent:$1,500Median DOM:1New:100Total:181
May 2026
Median Rent:$1,499Median DOM:1New:60Total:184

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving 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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