ZIP 97220 Housing Market Report
Portland Metro
Report period: July 2026
97220 Monthly Market Update – July 2026
ZIP 97220 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$445,000
−0.9%
Median DOM (Sales)
33
−10.8%
New Listings (Sales)
12
−68.4%
Median Rent
$1,525
−1.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
96
−3.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (22 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($774,999 median)
Sales Market Overview
Median Price
$445,000
−0.9%
Median DOM
33
−10.8%
New Listings
12
−68.4%
Inventory
133
−0.7%
- Average Price: $491,914
- Median Price: $445,000
- Price Range: $50,000 – $3,225,000
- Price per Sq Ft (Avg/Median): $292 / $277
- Square Footage (Avg/Median): 1,887 / 1,524
- Square Footage Range: 505 – 10,480
- Days on Market (Avg/Median): 55 / 33
- Days on Market Range: 2 – 313
- New Listings: 12
- Total Listings: 133
Sales by Property Type
Condo
Avg/Median Price$254,233 / $215,000Range$139,999 – $459,000Price per Sq Ft$288 / $277Sq Ft926 / 776DOM84 / 51New2Total12
Land
Avg/Median Price$563,960 / $235,000Range$50,000 – $2,700,000Price per Sq Ft—Sq Ft—DOM150 / 123New0Total10
Multi-Family
Avg/Median Price$1,139,600 / $649,999Range$399,000 – $3,225,000Price per Sq Ft$247 / $203Sq Ft5,002 / 3,200DOM95 / 64New0Total5
Single Family
Avg/Median Price$482,540 / $449,900Range$269,900 – $875,000Price per Sq Ft$291 / $271Sq Ft1,909 / 1,632DOM44 / 28New10Total101
Townhouse
Avg/Median Price$459,920 / $399,900Range$370,000 – $749,900Price per Sq Ft$365 / $313Sq Ft1,266 / 1,248DOM43 / 22New0Total5
Sales by Bedroom Count
1 Beds
Avg:$164,975Median:$155,000Range:$139,999 – $195,000PSF:$319 / $302Sq Ft:516 / 513DOM:31 / 8New:2Total:4
2 Beds
Avg:$392,573Median:$385,500Range:$179,000 – $749,900PSF:$354 / $328Sq Ft:1,197 / 1,196DOM:46 / 25New:3Total:31
3 Beds
Avg:$502,673Median:$449,000Range:$215,000 – $3,225,000PSF:$295 / $282Sq Ft:1,809 / 1,524DOM:50 / 29New:3Total:55
4 Beds
Avg:$548,891Median:$514,900Range:$299,900 – $875,000PSF:$237 / $203Sq Ft:2,524 / 2,270DOM:55 / 47New:3Total:23
5 Beds
Avg:$605,817Median:$580,000Range:$425,000 – $775,000PSF:$189 / $185Sq Ft:3,414 / 2,908DOM:27 / 23New:1Total:6
7 Beds
Avg:$649,000Median:$649,000Range:$649,000 – $649,000PSF:$201 / $201Sq Ft:3,230 / 3,230DOM:25 / 25New:0Total:1
8 Beds
Avg:$799,966Median:$774,999Range:$749,900 – $875,000PSF:$194 / $196Sq Ft:4,121 / 4,096DOM:112 / 82New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $164,975 | $155,000 | $139,999 – $195,000 | $319 / $302 | 516 / 513 | 31 / 8 | 2 | 4 |
| 2 Beds | $392,573 | $385,500 | $179,000 – $749,900 | $354 / $328 | 1,197 / 1,196 | 46 / 25 | 3 | 31 |
| 3 Beds | $502,673 | $449,000 | $215,000 – $3,225,000 | $295 / $282 | 1,809 / 1,524 | 50 / 29 | 3 | 55 |
| 4 Beds | $548,891 | $514,900 | $299,900 – $875,000 | $237 / $203 | 2,524 / 2,270 | 55 / 47 | 3 | 23 |
| 5 Beds | $605,817 | $580,000 | $425,000 – $775,000 | $189 / $185 | 3,414 / 2,908 | 27 / 23 | 1 | 6 |
| 7 Beds | $649,000 | $649,000 | $649,000 – $649,000 | $201 / $201 | 3,230 / 3,230 | 25 / 25 | 0 | 1 |
| 8 Beds | $799,966 | $774,999 | $749,900 – $875,000 | $194 / $196 | 4,121 / 4,096 | 112 / 82 | 0 | 3 |
Rental Market Overview
Median Rent
$1,525
−1.6%
Median DOM
1
0.0%
New Listings
29
Inventory
96
−3.0%
- Average Rent: $1,743
- Median Rent: $1,525
- Rent Range: $895 – $4,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 947 / 850
- Square Footage Range: 323 – 4,086
- Days on Market (Avg/Median): 52 / 1
- Days on Market Range: 1 – 324
- New Listings: 29
- Total Listings: 96
Rentals by Property Type
Apartment
$1,495
Median DOM: 58
Inventory: 53
MoM: −1.6%
Condo
$1,275
Median DOM: 1
Inventory: 9
MoM: −1.6%
Single Family
$2,245
Median DOM: 1
Inventory: 30
MoM: −1.6%
Townhouse
$1,795
Median DOM: 1
Inventory: 2
MoM: −1.6%
Apartment
Avg/Median Rent$1,470 / $1,495Range$895 – $2,150Rent per Sq Ft$2 / $2Sq Ft795 / 840DOM96 / 58New7Total53
Condo
Avg/Median Rent$1,418 / $1,275Range$1,085 – $2,395Rent per Sq Ft$2 / $2Sq Ft803 / 738DOM1 / 1New5Total9
Multi-Family
Avg/Median Rent$2,495 / $2,495Range$2,495 – $2,495Rent per Sq Ft$1 / $1Sq Ft1,796 / 1,796DOM1 / 1New1Total2
Single Family
Avg/Median Rent$2,254 / $2,245Range$1,310 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,186 / 900DOM9 / 1New15Total30
Townhouse
Avg/Median Rent$2,048 / $1,795Range$1,795 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,100 / 800DOM7 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,073Median:$1,045Range:$895 – $1,250PSF:$2 / $2Sq Ft:521 / 400DOM:62 / 52New:2Total:6
1 Beds
Avg:$1,309Median:$1,295Range:$995 – $1,659PSF:$2 / $2Sq Ft:624 / 624DOM:46 / 1New:8Total:25
2 Beds
Avg:$1,662Median:$1,547Range:$1,195 – $2,495PSF:$2 / $2Sq Ft:885 / 850DOM:54 / 1New:11Total:42
3 Beds
Avg:$2,480Median:$2,495Range:$1,745 – $4,000PSF:$2 / $2Sq Ft:1,363 / 1,100DOM:49 / 1New:6Total:20
4 Beds
Avg:$2,748Median:$2,300Range:$2,300 – $3,195PSF:$2 / $2Sq Ft:1,554 / 1,400DOM:1 / 1New:2Total:2
5 Beds
Avg:$3,300Median:$3,300Range:$3,300 – $3,300PSF:$1 / $1Sq Ft:4,086 / 4,086DOM:222 / 222New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,073 | $1,045 | $895 – $1,250 | $2 / $2 | 521 / 400 | 62 / 52 | 2 | 6 |
| 1 Beds | $1,309 | $1,295 | $995 – $1,659 | $2 / $2 | 624 / 624 | 46 / 1 | 8 | 25 |
| 2 Beds | $1,662 | $1,547 | $1,195 – $2,495 | $2 / $2 | 885 / 850 | 54 / 1 | 11 | 42 |
| 3 Beds | $2,480 | $2,495 | $1,745 – $4,000 | $2 / $2 | 1,363 / 1,100 | 49 / 1 | 6 | 20 |
| 4 Beds | $2,748 | $2,300 | $2,300 – $3,195 | $2 / $2 | 1,554 / 1,400 | 1 / 1 | 2 | 2 |
| 5 Beds | $3,300 | $3,300 | $3,300 – $3,300 | $1 / $1 | 4,086 / 4,086 | 222 / 222 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$429,000Median DOM:50New:22Total:111
Mar 2026
Median Price:$430,000Median DOM:25New:39Total:121
Apr 2026
Median Price:$435,000Median DOM:22New:35Total:120
May 2026
Median Price:$449,900Median DOM:24New:40Total:129
Jun 2026
Median Price:$449,000Median DOM:37New:38Total:134
Jul 2026
Median Price:$445,000Median DOM:33New:12Total:133
6-Month Rental Trend
Feb 2026
Median Rent:$1,545Median DOM:1New:52Total:120
Mar 2026
Median Rent:$1,545Median DOM:1New:45Total:118
Apr 2026
Median Rent:$1,495Median DOM:1New:43Total:99
May 2026
Median Rent:$1,495Median DOM:1New:47Total:108
Jun 2026
Median Rent:$1,550Median DOM:1New:34Total:99
Jul 2026
Median Rent:$1,525Median DOM:1New:29Total:96
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory tightened.
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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