ZIP 97236 Housing Market Report

Portland Metro

Report period: July 2026

97236 Monthly Market Update – July 2026

ZIP 97236 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$410,000
−1.2%
Median DOM (Sales)
55
+3.8%
New Listings (Sales)
12
−64.7%
Median Rent
$1,500
−1.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
168
−3.4%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (28 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($719,000 median)

Sales Market Overview

Median Price
$410,000
−1.2%
Median DOM
55
+3.8%
New Listings
12
−64.7%
Inventory
212
+1.4%
  • Average Price: $405,797
  • Median Price: $410,000
  • Price Range: $29,990 – $1,599,900
  • Price per Sq Ft (Avg/Median): $248 / $245
  • Square Footage (Avg/Median): 1,723 / 1,552
  • Square Footage Range: 590 – 4,135
  • Days on Market (Avg/Median): 80 / 55
  • Days on Market Range: 1 – 365
  • New Listings: 12
  • Total Listings: 212

Sales by Property Type

Condo
Avg/Median Price$270,538 / $275,460Range$139,900 – $427,000Price per Sq Ft$241 / $214Sq Ft1,162 / 1,200DOM89 / 56New4Total28
Land
Avg/Median Price$294,715 / $180,000Range$60,000 – $1,055,000Price per Sq FtSq FtDOM130 / 121New0Total13
Manufactured
Avg/Median Price$124,964 / $127,000Range$29,990 – $295,000Price per Sq Ft$95 / $95Sq Ft1,339 / 1,404DOM110 / 94New0Total37
Multi-Family
Avg/Median Price$597,760 / $595,000Range$424,900 – $719,000Price per Sq Ft$240 / $221Sq Ft2,553 / 2,581DOM140 / 183New1Total5
Single Family
Avg/Median Price$526,084 / $490,000Range$275,000 – $1,599,900Price per Sq Ft$290 / $283Sq Ft1,950 / 1,830DOM66 / 49New6Total121
Townhouse
Avg/Median Price$419,249 / $380,000Range$369,000 – $595,000Price per Sq Ft$311 / $306Sq Ft1,410 / 1,455DOM36 / 28New1Total8

Sales by Bedroom Count

1 Beds
Avg:$51,495Median:$29,990Range:$29,990 – $73,000PSF:$119 / $119Sq Ft:616 / 616DOM:232 / 98New:0Total:2
2 Beds
Avg:$268,925Median:$280,000Range:$40,000 – $799,999PSF:$263 / $241Sq Ft:1,020 / 861DOM:84 / 35New:8Total:32
3 Beds
Avg:$367,831Median:$390,000Range:$85,000 – $799,900PSF:$241 / $241Sq Ft:1,575 / 1,441DOM:72 / 55New:2Total:97
4 Beds
Avg:$516,418Median:$489,500Range:$99,900 – $955,000PSF:$253 / $255Sq Ft:2,112 / 1,856DOM:74 / 50New:2Total:53
5 Beds
Avg:$723,868Median:$623,013Range:$489,000 – $1,599,900PSF:$239 / $224Sq Ft:2,978 / 2,902DOM:96 / 118New:0Total:9
6 Beds
Avg:$641,100Median:$595,000Range:$587,000 – $748,500PSF:$268 / $263Sq Ft:2,585 / 2,326DOM:77 / 45New:0Total:5
8 Beds
Avg:$719,000Median:$719,000Range:$719,000 – $719,000PSF:$218 / $218Sq Ft:3,294 / 3,294DOM:262 / 262New:0Total:1

Rental Market Overview

Median Rent
$1,500
−1.3%
Median DOM
1
0.0%
New Listings
50
Inventory
168
−3.4%
  • Average Rent: $1,704
  • Median Rent: $1,500
  • Rent Range: $700 – $4,400
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,032 / 903
  • Square Footage Range: 446 – 3,000
  • Days on Market (Avg/Median): 40 / 1
  • Days on Market Range: 1 – 360
  • New Listings: 50
  • Total Listings: 168

Rentals by Property Type

Apartment
$1,450
Median DOM: 1
Inventory: 118
MoM: −1.3%
Condo
$1,500
Median DOM: 1
Inventory: 13
MoM: −1.3%
Single Family
$2,500
Median DOM: 1
Inventory: 30
MoM: −1.3%
Townhouse
$2,250
Median DOM: 1
Inventory: 4
MoM: −1.3%
Apartment
Avg/Median Rent$1,454 / $1,450Range$700 – $2,350Rent per Sq Ft$2 / $2Sq Ft885 / 885DOM54 / 1New31Total118
Condo
Avg/Median Rent$1,570 / $1,500Range$850 – $2,550Rent per Sq Ft$2 / $2Sq Ft948 / 850DOM1 / 1New7Total13
Manufactured
Avg/Median Rent$1,945 / $1,945Range$1,945 – $1,945Rent per Sq Ft$2 / $2Sq Ft988 / 988DOM18 / 18New0Total1
Multi-Family
Avg/Median Rent$1,622 / $1,595Range$1,595 – $1,650Rent per Sq Ft$2 / $2Sq Ft793 / 750DOM12 / 1New1Total2
Single Family
Avg/Median Rent$2,606 / $2,500Range$1,400 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,591 / 1,572DOM13 / 1New9Total30
Townhouse
Avg/Median Rent$2,736 / $2,250Range$1,999 – $4,400Rent per Sq Ft$2 / $1Sq Ft1,496 / 1,500DOM13 / 1New2Total4

Rentals by Bedroom Count

Studio
Avg:$963Median:$995Range:$700 – $1,195PSF:$2 / $2Sq Ft:466 / 446DOM:88 / 107New:0Total:3
1 Beds
Avg:$1,238Median:$1,295Range:$850 – $1,650PSF:$2 / $2Sq Ft:712 / 700DOM:62 / 1New:11Total:39
2 Beds
Avg:$1,501Median:$1,495Range:$1,075 – $2,295PSF:$2 / $2Sq Ft:924 / 903DOM:42 / 1New:22Total:80
3 Beds
Avg:$2,295Median:$2,250Range:$1,225 – $4,400PSF:$2 / $2Sq Ft:1,351 / 1,218DOM:19 / 1New:14Total:34
4 Beds
Avg:$2,934Median:$2,800Range:$2,495 – $3,400PSF:$2 / $2Sq Ft:1,752 / 1,608DOM:4 / 1New:3Total:10
5 Beds
Avg:$3,850Median:$3,700Range:$3,700 – $4,000PSF:$1 / $1Sq Ft:2,962 / 2,925DOM:52 / 41New:0Total:2

6-Month Sales Trend

Feb 2026
Median Price:$398,500Median DOM:58New:36Total:176
Mar 2026
Median Price:$414,900Median DOM:54New:43Total:179
Apr 2026
Median Price:$420,000Median DOM:54New:48Total:200
May 2026
Median Price:$415,000Median DOM:48New:58Total:219
Jun 2026
Median Price:$415,000Median DOM:53New:34Total:209
Jul 2026
Median Price:$410,000Median DOM:55New:12Total:212

6-Month Rental Trend

Feb 2026
Median Rent:$1,550Median DOM:1New:81Total:178
Mar 2026
Median Rent:$1,550Median DOM:1New:83Total:172
Apr 2026
Median Rent:$1,575Median DOM:1New:93Total:179
May 2026
Median Rent:$1,550Median DOM:1New:83Total:170
Jun 2026
Median Rent:$1,520Median DOM:1New:82Total:174
Jul 2026
Median Rent:$1,500Median DOM:1New:50Total:168

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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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