ZIP 97230 Housing Market Report
Portland Metro
Report period: July 2026
97230 Monthly Market Update – July 2026
ZIP 97230 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$449,000
−0.2%
Median DOM (Sales)
35
+9.4%
New Listings (Sales)
12
−82.4%
Median Rent
$1,595
+1.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
186
+6.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (18 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($650,000 median)
Sales Market Overview
Median Price
$449,000
−0.2%
Median DOM
35
+9.4%
New Listings
12
−82.4%
Inventory
238
+0.8%
- Average Price: $447,673
- Median Price: $449,000
- Price Range: $105,000 – $1,850,000
- Price per Sq Ft (Avg/Median): $261 / $255
- Square Footage (Avg/Median): 1,765 / 1,630
- Square Footage Range: 540 – 4,886
- Days on Market (Avg/Median): 72 / 35
- Days on Market Range: 1 – 363
- New Listings: 12
- Total Listings: 238
Sales by Property Type
Condo
Avg/Median Price$246,011 / $239,900Range$169,900 – $359,000Price per Sq Ft$214 / $219Sq Ft1,178 / 1,097DOM113 / 58New4Total47
Land
Avg/Median Price$595,075 / $525,000Range$180,000 – $1,850,000Price per Sq Ft—Sq Ft—DOM123 / 71New0Total12
Manufactured
Avg/Median Price$126,680 / $134,500Range$105,000 – $144,000Price per Sq Ft$90 / $92Sq Ft1,417 / 1,415DOM115 / 59New0Total5
Multi-Family
Avg/Median Price$538,736 / $525,000Range$407,000 – $629,990Price per Sq Ft$231 / $220Sq Ft2,399 / 2,388DOM118 / 20New0Total8
Single Family
Avg/Median Price$511,882 / $499,900Range$160,000 – $999,990Price per Sq Ft$285 / $283Sq Ft1,947 / 1,788DOM55 / 33New8Total154
Townhouse
Avg/Median Price$339,150 / $345,900Range$269,000 – $390,000Price per Sq Ft$233 / $231Sq Ft1,505 / 1,323DOM51 / 18New0Total12
Sales by Bedroom Count
Studio
Avg:$245,000Median:$250,000Range:$160,000 – $325,000PSF:—Sq Ft:—DOM:92 / 17New:0Total:3
1 Beds
Avg:$279,288Median:$210,000Range:$162,500 – $750,000PSF:$304 / $274Sq Ft:1,021 / 715DOM:66 / 68New:1Total:8
2 Beds
Avg:$313,228Median:$289,900Range:$169,900 – $499,900PSF:$252 / $246Sq Ft:1,264 / 1,271DOM:84 / 43New:2Total:58
3 Beds
Avg:$429,332Median:$439,900Range:$105,000 – $849,000PSF:$275 / $283Sq Ft:1,610 / 1,456DOM:70 / 33New:3Total:89
4 Beds
Avg:$570,663Median:$545,000Range:$325,000 – $999,000PSF:$254 / $247Sq Ft:2,287 / 2,182DOM:48 / 22New:6Total:50
5 Beds
Avg:$608,933Median:$599,900Range:$489,000 – $729,900PSF:$231 / $247Sq Ft:2,787 / 2,434DOM:73 / 41New:0Total:12
6 Beds
Avg:$749,748Median:$650,000Range:$550,000 – $999,990PSF:$208 / $208Sq Ft:3,671 / 2,825DOM:95 / 84New:0Total:4
7 Beds
Avg:$589,000Median:$589,000Range:$589,000 – $589,000PSF:$176 / $176Sq Ft:3,342 / 3,342DOM:317 / 317New:0Total:1
8 Beds
Avg:$629,990Median:$629,990Range:$629,990 – $629,990PSF:$202 / $202Sq Ft:3,120 / 3,120DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $245,000 | $250,000 | $160,000 – $325,000 | — | — | 92 / 17 | 0 | 3 |
| 1 Beds | $279,288 | $210,000 | $162,500 – $750,000 | $304 / $274 | 1,021 / 715 | 66 / 68 | 1 | 8 |
| 2 Beds | $313,228 | $289,900 | $169,900 – $499,900 | $252 / $246 | 1,264 / 1,271 | 84 / 43 | 2 | 58 |
| 3 Beds | $429,332 | $439,900 | $105,000 – $849,000 | $275 / $283 | 1,610 / 1,456 | 70 / 33 | 3 | 89 |
| 4 Beds | $570,663 | $545,000 | $325,000 – $999,000 | $254 / $247 | 2,287 / 2,182 | 48 / 22 | 6 | 50 |
| 5 Beds | $608,933 | $599,900 | $489,000 – $729,900 | $231 / $247 | 2,787 / 2,434 | 73 / 41 | 0 | 12 |
| 6 Beds | $749,748 | $650,000 | $550,000 – $999,990 | $208 / $208 | 3,671 / 2,825 | 95 / 84 | 0 | 4 |
| 7 Beds | $589,000 | $589,000 | $589,000 – $589,000 | $176 / $176 | 3,342 / 3,342 | 317 / 317 | 0 | 1 |
| 8 Beds | $629,990 | $629,990 | $629,990 – $629,990 | $202 / $202 | 3,120 / 3,120 | 16 / 16 | 0 | 1 |
Rental Market Overview
Median Rent
$1,595
+1.6%
Median DOM
1
0.0%
New Listings
71
Inventory
186
+6.9%
- Average Rent: $1,746
- Median Rent: $1,595
- Rent Range: $995 – $4,700
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,019 / 960
- Square Footage Range: 300 – 2,642
- Days on Market (Avg/Median): 32 / 1
- Days on Market Range: 1 – 362
- New Listings: 71
- Total Listings: 186
Rentals by Property Type
Apartment
$1,495
Median DOM: 1
Inventory: 124
MoM: +1.6%
Condo
$1,495
Median DOM: 1
Inventory: 23
MoM: +1.6%
Single Family
$2,595
Median DOM: 1
Inventory: 32
MoM: +1.6%
Townhouse
$1,895
Median DOM: 1
Inventory: 6
MoM: +1.6%
Apartment
Avg/Median Rent$1,534 / $1,495Range$1,050 – $3,000Rent per Sq Ft$2 / $2Sq Ft908 / 925DOM48 / 1New38Total124
Condo
Avg/Median Rent$1,530 / $1,495Range$995 – $2,195Rent per Sq Ft$2 / $2Sq Ft842 / 853DOM1 / 1New16Total23
Multi-Family
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM—New0Total1
Single Family
Avg/Median Rent$2,687 / $2,595Range$1,195 – $4,700Rent per Sq Ft$2 / $2Sq Ft1,540 / 1,500DOM2 / 1New14Total32
Townhouse
Avg/Median Rent$1,923 / $1,895Range$1,500 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,168 / 1,180DOM45 / 1New3Total6
Rentals by Bedroom Count
Studio
Avg:$1,416Median:$1,050Range:$995 – $2,567PSF:$5 / $3Sq Ft:353 / 360DOM:121 / 1New:1Total:4
1 Beds
Avg:$1,236Median:$1,200Range:$1,095 – $1,600PSF:$2 / $2Sq Ft:635 / 650DOM:80 / 32New:8Total:31
2 Beds
Avg:$1,588Median:$1,509Range:$1,145 – $3,000PSF:$2 / $2Sq Ft:967 / 960DOM:29 / 1New:41Total:110
3 Beds
Avg:$2,370Median:$2,300Range:$1,595 – $4,500PSF:$2 / $2Sq Ft:1,361 / 1,250DOM:6 / 1New:19Total:33
4 Beds
Avg:$3,286Median:$3,349Range:$2,500 – $3,800PSF:$2 / $1Sq Ft:1,945 / 1,450DOM:1 / 1New:1Total:4
5 Beds
Avg:$3,362Median:$3,195Range:$3,195 – $3,695PSF:$2 / $2Sq Ft:2,083 / 2,086DOM:1 / 1New:1Total:3
7 Beds
Avg:$4,700Median:$4,700Range:$4,700 – $4,700PSF:$2 / $2Sq Ft:2,440 / 2,440DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,416 | $1,050 | $995 – $2,567 | $5 / $3 | 353 / 360 | 121 / 1 | 1 | 4 |
| 1 Beds | $1,236 | $1,200 | $1,095 – $1,600 | $2 / $2 | 635 / 650 | 80 / 32 | 8 | 31 |
| 2 Beds | $1,588 | $1,509 | $1,145 – $3,000 | $2 / $2 | 967 / 960 | 29 / 1 | 41 | 110 |
| 3 Beds | $2,370 | $2,300 | $1,595 – $4,500 | $2 / $2 | 1,361 / 1,250 | 6 / 1 | 19 | 33 |
| 4 Beds | $3,286 | $3,349 | $2,500 – $3,800 | $2 / $1 | 1,945 / 1,450 | 1 / 1 | 1 | 4 |
| 5 Beds | $3,362 | $3,195 | $3,195 – $3,695 | $2 / $2 | 2,083 / 2,086 | 1 / 1 | 1 | 3 |
| 7 Beds | $4,700 | $4,700 | $4,700 – $4,700 | $2 / $2 | 2,440 / 2,440 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$435,698Median DOM:72New:30Total:179
Mar 2026
Median Price:$440,000Median DOM:45New:42Total:179
Apr 2026
Median Price:$442,500Median DOM:40New:42Total:176
May 2026
Median Price:$454,900Median DOM:34New:62Total:200
Jun 2026
Median Price:$449,900Median DOM:32New:68Total:236
Jul 2026
Median Price:$449,000Median DOM:35New:12Total:238
6-Month Rental Trend
Feb 2026
Median Rent:$1,455Median DOM:1New:73Total:140
Mar 2026
Median Rent:$1,495Median DOM:1New:67Total:151
Apr 2026
Median Rent:$1,550Median DOM:1New:64Total:156
May 2026
Median Rent:$1,595Median DOM:1New:86Total:160
Jun 2026
Median Rent:$1,570Median DOM:1New:92Total:174
Jul 2026
Median Rent:$1,595Median DOM:1New:71Total:186
Key Market Takeaways
Median sale prices softened this month while inventory expanded. 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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