ZIP 97236 Housing Market Report

Portland Metro

Report period: August 2026

97236 Monthly Market Update – August 2026

ZIP 97236 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$410,000
+0.2%
Median DOM (Sales)
64
+12.3%
New Listings (Sales)
7
−83.7%
Median Rent
$1,500
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
169
−2.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Multi-Family (37 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($719,000 median)

Sales Market Overview

Median Price
$410,000
+0.2%
Median DOM
64
+12.3%
New Listings
7
−83.7%
Inventory
207
−1.9%
  • Average Price: $409,219
  • Median Price: $410,000
  • Price Range: $35,000 – $1,599,900
  • Price per Sq Ft (Avg/Median): $240 / $243
  • Square Footage (Avg/Median): 1,765 / 1,558
  • Square Footage Range: 510 – 4,135
  • Days on Market (Avg/Median): 86 / 64
  • Days on Market Range: 1 – 349
  • New Listings: 7
  • Total Listings: 207

Sales by Property Type

Condo
Avg/Median Price$269,828 / $275,460Range$49,900 – $427,000Price per Sq Ft$238 / $214Sq Ft1,165 / 861DOM102 / 65New0Total30
Land
Avg/Median Price$284,746 / $165,000Range$60,000 – $1,055,000Price per Sq FtSq FtDOM145 / 151New0Total13
Manufactured
Avg/Median Price$130,927 / $125,000Range$35,000 – $480,000Price per Sq Ft$93 / $89Sq Ft1,366 / 1,456DOM120 / 110New2Total35
Multi-Family
Avg/Median Price$614,560 / $615,000Range$399,900 – $769,000Price per Sq Ft$225 / $221Sq Ft2,777 / 3,005DOM112 / 37New1Total5
Single Family
Avg/Median Price$534,552 / $499,990Range$238,000 – $1,599,900Price per Sq Ft$282 / $278Sq Ft2,021 / 1,926DOM67 / 43New4Total117
Townhouse
Avg/Median Price$387,699 / $380,000Range$329,900 – $445,000Price per Sq Ft$309 / $306Sq Ft1,308 / 1,188DOM52 / 51New0Total7

Sales by Bedroom Count

1 Beds
Avg:$59,900Median:$49,900Range:$49,900 – $69,900PSF:$91 / $69Sq Ft:668 / 616DOM:70 / 12New:0Total:2
2 Beds
Avg:$244,603Median:$205,000Range:$35,000 – $799,999PSF:$247 / $214Sq Ft:978 / 836DOM:107 / 64New:0Total:30
3 Beds
Avg:$360,222Median:$385,000Range:$74,950 – $799,900PSF:$242 / $263Sq Ft:1,541 / 1,441DOM:80 / 58New:3Total:90
4 Beds
Avg:$537,685Median:$549,900Range:$89,000 – $955,000PSF:$241 / $243Sq Ft:2,254 / 2,122DOM:75 / 59New:2Total:56
5 Beds
Avg:$693,624Median:$623,013Range:$470,000 – $1,599,900PSF:$242 / $237Sq Ft:2,810 / 2,704DOM:80 / 71New:1Total:11
6 Beds
Avg:$633,500Median:$615,000Range:$587,000 – $698,500PSF:$216 / $205Sq Ft:3,029 / 3,005DOM:41 / 13New:1Total:3
8 Beds
Avg:$744,000Median:$719,000Range:$719,000 – $769,000PSF:$221 / $218Sq Ft:3,369 / 3,294DOM:155 / 18New:0Total:2

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
1
0.0%
New Listings
56
Inventory
169
−2.3%
  • Average Rent: $1,685
  • Median Rent: $1,500
  • Rent Range: $700 – $4,400
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,031 / 950
  • Square Footage Range: 446 – 3,577
  • Days on Market (Avg/Median): 41 / 1
  • Days on Market Range: 1 – 363
  • New Listings: 56
  • Total Listings: 169

Rentals by Property Type

Apartment
$1,495
Median DOM: 1
Inventory: 122
MoM: 0.0%
Condo
$1,445
Median DOM: 1
Inventory: 15
MoM: 0.0%
Single Family
$2,599
Median DOM: 1
Inventory: 25
MoM: 0.0%
Townhouse
$2,095
Median DOM: 1
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$1,484 / $1,495Range$700 – $2,500Rent per Sq Ft$2 / $2Sq Ft917 / 900DOM54 / 1New34Total122
Condo
Avg/Median Rent$1,642 / $1,445Range$875 – $2,550Rent per Sq Ft$2 / $2Sq Ft1,043 / 924DOM3 / 1New6Total15
Manufactured
Avg/Median Rent$1,945 / $1,945Range$1,945 – $1,945Rent per Sq Ft$2 / $2Sq Ft988 / 988DOM48 / 48New0Total1
Multi-Family
Avg/Median Rent$1,622 / $1,595Range$1,595 – $1,650Rent per Sq Ft$2 / $2Sq Ft793 / 750DOM12 / 1New0Total2
Single Family
Avg/Median Rent$2,565 / $2,599Range$1,345 – $4,400Rent per Sq Ft$2 / $2Sq Ft1,597 / 1,497DOM14 / 1New12Total25
Townhouse
Avg/Median Rent$2,448 / $2,095Range$1,000 – $4,400Rent per Sq Ft$2 / $2Sq Ft1,162 / 1,275DOM2 / 1New4Total4

Rentals by Bedroom Count

Studio
Avg:$972Median:$995Range:$700 – $1,195PSF:$2 / $2Sq Ft:460 / 450DOM:90 / 68New:1Total:4
1 Beds
Avg:$1,241Median:$1,225Range:$875 – $1,650PSF:$2 / $2Sq Ft:707 / 700DOM:61 / 1New:11Total:33
2 Beds
Avg:$1,473Median:$1,495Range:$1,045 – $2,295PSF:$2 / $2Sq Ft:918 / 924DOM:41 / 1New:25Total:84
3 Beds
Avg:$2,187Median:$2,095Range:$1,225 – $4,400PSF:$2 / $2Sq Ft:1,296 / 1,218DOM:30 / 1New:14Total:34
4 Beds
Avg:$2,807Median:$2,750Range:$2,495 – $3,400PSF:$2 / $2Sq Ft:1,669 / 1,608DOM:9 / 1New:4Total:12
5 Beds
Avg:$3,700Median:$3,700Range:$3,700 – $3,700PSF:$1 / $1Sq Ft:3,000 / 3,000DOM:41 / 41New:0Total:1
6 Beds
Avg:$4,400Median:$4,400Range:$4,400 – $4,400PSF:$1 / $1Sq Ft:3,577 / 3,577DOM:1 / 1New:1Total:1

6-Month Sales Trend

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:$409,000Median DOM:57New:43Total:211
Aug 2026
Median Price:$410,000Median DOM:64New:7Total:207

6-Month Rental Trend

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:83Total:173
Aug 2026
Median Rent:$1,500Median DOM:1New:56Total:169

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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