ZIP 97222 Housing Market Report
Portland Metro
Report period: July 2026
97222 Monthly Market Update – July 2026
ZIP 97222 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$459,000
−4.4%
Median DOM (Sales)
36
+9.1%
New Listings (Sales)
6
−86.4%
Median Rent
$1,655
+3.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
151
−4.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (16 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($725,000 median)
Sales Market Overview
Median Price
$459,000
−4.4%
Median DOM
36
+9.1%
New Listings
6
−86.4%
Inventory
153
−3.8%
- Average Price: $506,534
- Median Price: $459,000
- Price Range: $25,000 – $4,850,000
- Price per Sq Ft (Avg/Median): $288 / $276
- Square Footage (Avg/Median): 1,707 / 1,440
- Square Footage Range: 400 – 9,395
- Days on Market (Avg/Median): 76 / 36
- Days on Market Range: 2 – 350
- New Listings: 6
- Total Listings: 153
Sales by Property Type
Condo
Avg/Median Price$281,268 / $250,000Range$210,000 – $375,000Price per Sq Ft$273 / $260Sq Ft1,038 / 960DOM190 / 256New1Total22
Land
Avg/Median Price$562,422 / $220,000Range$125,000 – $1,500,000Price per Sq Ft—Sq Ft—DOM120 / 120New0Total9
Manufactured
Avg/Median Price$105,350 / $125,000Range$25,000 – $175,000Price per Sq Ft$90 / $87Sq Ft1,257 / 1,296DOM104 / 70New1Total21
Multi-Family
Avg/Median Price$1,465,800 / $725,000Range$470,000 – $4,850,000Price per Sq Ft$267 / $163Sq Ft2,920 / 1,410DOM49 / 39New0Total5
Single Family
Avg/Median Price$601,359 / $529,900Range$249,000 – $3,490,000Price per Sq Ft$341 / $334Sq Ft1,921 / 1,605DOM45 / 16New4Total89
Townhouse
Avg/Median Price$455,386 / $479,000Range$365,000 – $499,900Price per Sq Ft$271 / $259Sq Ft1,741 / 1,643DOM37 / 30New0Total7
Sales by Bedroom Count
1 Beds
Avg:$141,333Median:$74,000Range:$39,999 – $310,000PSF:$199 / $140Sq Ft:598 / 530DOM:95 / 56New:0Total:3
2 Beds
Avg:$294,563Median:$250,000Range:$25,000 – $539,000PSF:$274 / $260Sq Ft:1,093 / 960DOM:124 / 98New:5Total:42
3 Beds
Avg:$467,612Median:$479,900Range:$35,000 – $1,995,000PSF:$310 / $307Sq Ft:1,587 / 1,458DOM:51 / 27New:1Total:67
4 Beds
Avg:$612,261Median:$590,000Range:$125,000 – $1,153,000PSF:$283 / $288Sq Ft:2,249 / 2,230DOM:67 / 66New:0Total:18
5 Beds
Avg:$772,389Median:$725,000Range:$559,000 – $1,100,000PSF:$260 / $246Sq Ft:3,022 / 2,847DOM:30 / 14New:0Total:9
6 Beds
Avg:$2,068,000Median:$725,000Range:$550,000 – $4,850,000PSF:$215 / $163Sq Ft:5,429 / 4,455DOM:85 / 18New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $141,333 | $74,000 | $39,999 – $310,000 | $199 / $140 | 598 / 530 | 95 / 56 | 0 | 3 |
| 2 Beds | $294,563 | $250,000 | $25,000 – $539,000 | $274 / $260 | 1,093 / 960 | 124 / 98 | 5 | 42 |
| 3 Beds | $467,612 | $479,900 | $35,000 – $1,995,000 | $310 / $307 | 1,587 / 1,458 | 51 / 27 | 1 | 67 |
| 4 Beds | $612,261 | $590,000 | $125,000 – $1,153,000 | $283 / $288 | 2,249 / 2,230 | 67 / 66 | 0 | 18 |
| 5 Beds | $772,389 | $725,000 | $559,000 – $1,100,000 | $260 / $246 | 3,022 / 2,847 | 30 / 14 | 0 | 9 |
| 6 Beds | $2,068,000 | $725,000 | $550,000 – $4,850,000 | $215 / $163 | 5,429 / 4,455 | 85 / 18 | 0 | 5 |
Rental Market Overview
Median Rent
$1,655
+3.5%
Median DOM
1
0.0%
New Listings
62
Inventory
151
−4.4%
- Average Rent: $1,797
- Median Rent: $1,655
- Rent Range: $595 – $3,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 941 / 850
- Square Footage Range: 280 – 2,924
- Days on Market (Avg/Median): 27 / 1
- Days on Market Range: 1 – 353
- New Listings: 62
- Total Listings: 151
Rentals by Property Type
Apartment
$1,595
Median DOM: 1
Inventory: 105
MoM: +3.5%
Condo
$1,445
Median DOM: 1
Inventory: 7
MoM: +3.5%
Single Family
$2,499
Median DOM: 1
Inventory: 32
MoM: +3.5%
Townhouse
$2,250
Median DOM: 7
Inventory: 5
MoM: +3.5%
Apartment
Avg/Median Rent$1,613 / $1,595Range$1,075 – $3,700Rent per Sq Ft$2 / $2Sq Ft796 / 821DOM38 / 1New44Total105
Condo
Avg/Median Rent$1,211 / $1,445Range$595 – $2,075Rent per Sq Ft$2 / $2Sq Ft894 / 750DOM14 / 1New2Total7
Multi-Family
Avg/Median Rent$2,020 / $1,945Range$1,945 – $2,095Rent per Sq Ft$2 / $2Sq Ft914 / 900DOM2 / 1New1Total2
Single Family
Avg/Median Rent$2,446 / $2,499Range$1,195 – $3,995Rent per Sq Ft$2 / $2Sq Ft1,389 / 1,344DOM5 / 1New15Total32
Townhouse
Avg/Median Rent$2,230 / $2,250Range$1,875 – $2,750Rent per Sq Ft$2 / $2Sq Ft1,197 / 1,220DOM21 / 7New0Total5
Rentals by Bedroom Count
Studio
Avg:$1,106Median:$1,185Range:$595 – $1,450PSF:$3 / $3Sq Ft:414 / 380DOM:63 / 1New:4Total:12
1 Beds
Avg:$1,491Median:$1,375Range:$1,095 – $3,700PSF:$2 / $2Sq Ft:664 / 629DOM:22 / 1New:11Total:35
2 Beds
Avg:$1,693Median:$1,655Range:$1,295 – $3,100PSF:$2 / $2Sq Ft:903 / 850DOM:34 / 1New:33Total:69
3 Beds
Avg:$2,418Median:$2,395Range:$1,720 – $3,495PSF:$2 / $2Sq Ft:1,270 / 1,265DOM:6 / 1New:12Total:31
4 Beds
Avg:$3,363Median:$3,595Range:$2,795 – $3,700PSF:$1 / $1Sq Ft:2,454 / 2,437DOM:60 / 1New:1Total:3
5 Beds
Avg:$3,995Median:$3,995Range:$3,995 – $3,995PSF:$2 / $2Sq Ft:2,400 / 2,400DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,106 | $1,185 | $595 – $1,450 | $3 / $3 | 414 / 380 | 63 / 1 | 4 | 12 |
| 1 Beds | $1,491 | $1,375 | $1,095 – $3,700 | $2 / $2 | 664 / 629 | 22 / 1 | 11 | 35 |
| 2 Beds | $1,693 | $1,655 | $1,295 – $3,100 | $2 / $2 | 903 / 850 | 34 / 1 | 33 | 69 |
| 3 Beds | $2,418 | $2,395 | $1,720 – $3,495 | $2 / $2 | 1,270 / 1,265 | 6 / 1 | 12 | 31 |
| 4 Beds | $3,363 | $3,595 | $2,795 – $3,700 | $1 / $1 | 2,454 / 2,437 | 60 / 1 | 1 | 3 |
| 5 Beds | $3,995 | $3,995 | $3,995 – $3,995 | $2 / $2 | 2,400 / 2,400 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$415,000Median DOM:36New:39Total:141
Mar 2026
Median Price:$425,000Median DOM:40New:36Total:147
Apr 2026
Median Price:$429,000Median DOM:44New:28Total:143
May 2026
Median Price:$437,000Median DOM:31New:34Total:153
Jun 2026
Median Price:$479,900Median DOM:33New:44Total:159
Jul 2026
Median Price:$459,000Median DOM:36New:6Total:153
6-Month Rental Trend
Feb 2026
Median Rent:$1,595Median DOM:1New:61Total:133
Mar 2026
Median Rent:$1,560Median DOM:1New:71Total:146
Apr 2026
Median Rent:$1,575Median DOM:1New:73Total:154
May 2026
Median Rent:$1,575Median DOM:1New:73Total:153
Jun 2026
Median Rent:$1,599Median DOM:1New:79Total:158
Jul 2026
Median Rent:$1,655Median DOM:1New:62Total:151
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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