ZIP 97219 Housing Market Report

Portland Metro

Report period: August 2026

97219 Monthly Market Update – August 2026

ZIP 97219 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$629,900
+0.4%
Median DOM (Sales)
46
+7.0%
New Listings (Sales)
20
−77.8%
Median Rent
$1,695
+4.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
175
+1.7%

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 (35 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($3,998,900 median)

Sales Market Overview

Median Price
$629,900
+0.4%
Median DOM
46
+7.0%
New Listings
20
−77.8%
Inventory
393
−3.7%
  • Average Price: $805,617
  • Median Price: $629,900
  • Price Range: $75,000 – $6,250,000
  • Price per Sq Ft (Avg/Median): $340 / $318
  • Square Footage (Avg/Median): 2,362 / 2,104
  • Square Footage Range: 664 – 11,876
  • Days on Market (Avg/Median): 68 / 46
  • Days on Market Range: 2 – 361
  • New Listings: 20
  • Total Listings: 393

Sales by Property Type

Condo
Avg/Median Price$325,171 / $329,900Range$119,900 – $575,000Price per Sq Ft$293 / $294Sq Ft1,130 / 1,037DOM102 / 97New0Total63
Land
Avg/Median Price$474,939 / $385,000Range$75,000 – $1,695,000Price per Sq FtSq FtDOM114 / 57New0Total18
Multi-Family
Avg/Median Price$1,473,188 / $1,099,900Range$799,000 – $3,998,900Price per Sq Ft$386 / $410Sq Ft4,013 / 3,579DOM116 / 105New0Total8
Single Family
Avg/Median Price$933,222 / $699,900Range$199,950 – $6,250,000Price per Sq Ft$350 / $327Sq Ft2,641 / 2,389DOM53 / 35New20Total285
Townhouse
Avg/Median Price$516,797 / $464,950Range$249,000 – $1,188,000Price per Sq Ft$327 / $301Sq Ft1,651 / 1,414DOM125 / 133New0Total19

Sales by Bedroom Count

1 Beds
Avg:$245,969Median:$219,000Range:$119,900 – $349,900PSF:$311 / $304Sq Ft:799 / 720DOM:96 / 87New:0Total:8
2 Beds
Avg:$407,728Median:$369,900Range:$159,000 – $1,995,000PSF:$351 / $318Sq Ft:1,178 / 1,021DOM:80 / 66New:2Total:78
3 Beds
Avg:$642,986Median:$579,000Range:$299,900 – $2,087,000PSF:$350 / $343Sq Ft:1,891 / 1,786DOM:60 / 31New:9Total:131
4 Beds
Avg:$1,023,208Median:$779,000Range:$395,000 – $5,700,000PSF:$321 / $294Sq Ft:3,037 / 2,808DOM:59 / 43New:6Total:113
5 Beds
Avg:$1,473,120Median:$900,000Range:$375,000 – $6,250,000PSF:$338 / $283Sq Ft:4,014 / 3,560DOM:69 / 56New:3Total:32
6 Beds
Avg:$1,660,076Median:$1,099,900Range:$499,900 – $5,850,000PSF:$350 / $332Sq Ft:4,423 / 3,579DOM:87 / 76New:0Total:10
8 Beds
Avg:$3,564,600Median:$3,998,900Range:$1,699,900 – $4,995,000PSF:$416 / $421Sq Ft:8,615 / 9,970DOM:130 / 156New:0Total:3

Rental Market Overview

Median Rent
$1,695
+4.3%
Median DOM
1
0.0%
New Listings
60
Inventory
175
+1.7%
  • Average Rent: $2,073
  • Median Rent: $1,695
  • Rent Range: $800 – $8,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,022 / 847
  • Square Footage Range: 259 – 6,150
  • Days on Market (Avg/Median): 35 / 1
  • Days on Market Range: 1 – 332
  • New Listings: 60
  • Total Listings: 175

Rentals by Property Type

Apartment
$1,495
Median DOM: 1
Inventory: 108
MoM: +4.3%
Condo
$1,950
Median DOM: 24
Inventory: 16
MoM: +4.3%
Single Family
$2,795
Median DOM: 1
Inventory: 46
MoM: +4.3%
Townhouse
$2,099
Median DOM: 9
Inventory: 3
MoM: +4.3%
Apartment
Avg/Median Rent$1,647 / $1,495Range$800 – $3,495Rent per Sq Ft$2 / $2Sq Ft730 / 750DOM44 / 1New33Total108
Condo
Avg/Median Rent$2,640 / $1,950Range$1,249 – $8,500Rent per Sq Ft$3 / $2Sq Ft908 / 927DOM73 / 24New4Total16
Multi-Family
Avg/Median Rent$2,500 / $2,350Range$2,350 – $2,650Rent per Sq Ft$2 / $1Sq Ft1,454 / 1,008DOM10 / 1New1Total2
Single Family
Avg/Median Rent$2,840 / $2,795Range$1,150 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,671 / 1,480DOM4 / 1New22Total46
Townhouse
Avg/Median Rent$2,316 / $2,099Range$1,700 – $3,150Rent per Sq Ft$2 / $2Sq Ft1,407 / 1,152DOM9 / 9New0Total3

Rentals by Bedroom Count

Studio
Avg:$1,404Median:$1,435Range:$1,000 – $1,699PSF:$3 / $3Sq Ft:455 / 446DOM:7 / 1New:7Total:18
1 Beds
Avg:$1,434Median:$1,299Range:$800 – $3,156PSF:$2 / $2Sq Ft:604 / 568DOM:48 / 1New:12Total:46
2 Beds
Avg:$2,087Median:$1,795Range:$1,245 – $8,500PSF:$2 / $2Sq Ft:984 / 910DOM:42 / 1New:27Total:75
3 Beds
Avg:$2,854Median:$2,795Range:$1,895 – $3,825PSF:$2 / $2Sq Ft:1,535 / 1,208DOM:24 / 1New:9Total:24
4 Beds
Avg:$3,604Median:$3,500Range:$2,995 – $4,195PSF:$2 / $2Sq Ft:2,187 / 2,109DOM:4 / 1New:2Total:7
5 Beds
Avg:$4,239Median:$3,825Range:$3,000 – $6,500PSF:$2 / $2Sq Ft:2,872 / 2,300DOM:1 / 1New:3Total:5

6-Month Sales Trend

Mar 2026
Median Price:$599,000Median DOM:39New:70Total:264
Apr 2026
Median Price:$600,000Median DOM:42New:78Total:304
May 2026
Median Price:$625,000Median DOM:38New:105Total:348
Jun 2026
Median Price:$610,000Median DOM:35New:99Total:392
Jul 2026
Median Price:$627,500Median DOM:43New:90Total:408
Aug 2026
Median Price:$629,900Median DOM:46New:20Total:393

6-Month Rental Trend

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:84Total:191
Jun 2026
Median Rent:$1,525Median DOM:1New:76Total:165
Jul 2026
Median Rent:$1,625Median DOM:1New:88Total:172
Aug 2026
Median Rent:$1,695Median DOM:1New:60Total:175

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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