ZIP 97236 Housing Market Report

Portland Metro

Report period: May 2026

97236 Monthly Market Update – May 2026

ZIP 97236 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$420,000
0.0%
Median DOM (Sales)
53
−1.9%
New Listings (Sales)
19
−60.4%
Median Rent
$1,575
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
181
+1.1%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (17 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($719,000 median)

Sales Market Overview

Median Price
$420,000
0.0%
Median DOM
53
−1.9%
New Listings
19
−60.4%
Inventory
199
−0.5%
  • Average Price: $420,940
  • Median Price: $420,000
  • Price Range: $29,900 – $1,599,900
  • Price per Sq Ft (Avg/Median): $249 / $250
  • Square Footage (Avg/Median): 1,733 / 1,568
  • Square Footage Range: 396 – 4,135
  • Days on Market (Avg/Median): 86 / 53
  • Days on Market Range: 2 – 363
  • New Listings: 19
  • Total Listings: 199

Sales by Property Type

Condo
Avg/Median Price$285,911 / $285,000Range$139,900 – $435,000Price per Sq Ft$245 / $233Sq Ft1,204 / 1,264DOM90 / 60New5Total24
Land
Avg/Median Price$404,917 / $189,900Range$79,000 – $1,395,000Price per Sq FtSq FtDOM177 / 165New0Total17
Manufactured
Avg/Median Price$111,851 / $127,000Range$29,900 – $210,000Price per Sq Ft$92 / $90Sq Ft1,211 / 1,344DOM91 / 73New1Total33
Multi-Family
Avg/Median Price$599,780 / $620,000Range$400,000 – $719,000Price per Sq Ft$248 / $225Sq Ft2,510 / 2,581DOM106 / 123New0Total5
Single Family
Avg/Median Price$532,119 / $499,900Range$300,000 – $1,599,900Price per Sq Ft$291 / $277Sq Ft1,960 / 1,854DOM73 / 34New12Total114
Townhouse
Avg/Median Price$445,000 / $420,000Range$375,000 – $620,000Price per Sq Ft$292 / $242Sq Ft1,565 / 1,514DOM29 / 17New1Total6

Sales by Bedroom Count

1 Beds
Avg:$93,174Median:$45,000Range:$29,900 – $300,000PSF:$120 / $76Sq Ft:743 / 640DOM:126 / 53New:0Total:8
2 Beds
Avg:$266,719Median:$285,000Range:$39,999 – $849,900PSF:$255 / $251Sq Ft:1,008 / 861DOM:93 / 72New:4Total:26
3 Beds
Avg:$387,364Median:$409,900Range:$91,000 – $799,900PSF:$253 / $273Sq Ft:1,591 / 1,504DOM:62 / 34New:11Total:92
4 Beds
Avg:$558,884Median:$559,000Range:$200,000 – $995,000PSF:$256 / $246Sq Ft:2,269 / 2,132DOM:75 / 46New:4Total:42
5 Beds
Avg:$739,411Median:$643,000Range:$465,000 – $1,599,900PSF:$248 / $226Sq Ft:2,933 / 2,902DOM:165 / 122New:0Total:9
6 Beds
Avg:$679,750Median:$620,000Range:$620,000 – $799,000PSF:$279 / $208Sq Ft:2,673 / 2,326DOM:46 / 10New:0Total:4
8 Beds
Avg:$719,000Median:$719,000Range:$719,000 – $719,000PSF:$218 / $218Sq Ft:3,294 / 3,294DOM:202 / 202New:0Total:1

Rental Market Overview

Median Rent
$1,575
0.0%
Median DOM
1
0.0%
New Listings
63
Inventory
181
+1.1%
  • Average Rent: $1,727
  • Median Rent: $1,575
  • Rent Range: $895 – $4,400
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,025 / 903
  • Square Footage Range: 450 – 3,000
  • Days on Market (Avg/Median): 32 / 1
  • Days on Market Range: 1 – 354
  • New Listings: 63
  • Total Listings: 181

Rentals by Property Type

Apartment
$1,495
Median DOM: 1
Inventory: 122
MoM: 0.0%
Condo
$1,595
Median DOM: 1
Inventory: 12
MoM: 0.0%
Single Family
$2,495
Median DOM: 1
Inventory: 37
MoM: 0.0%
Townhouse
$2,100
Median DOM: 15
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$1,510 / $1,495Range$895 – $2,395Rent per Sq Ft$2 / $2Sq Ft891 / 900DOM38 / 1New42Total122
Condo
Avg/Median Rent$1,572 / $1,595Range$1,100 – $2,550Rent per Sq Ft$2 / $2Sq Ft816 / 800DOM71 / 1New5Total12
Multi-Family
Avg/Median Rent$1,184 / $1,145Range$1,095 – $1,350Rent per Sq Ft$2 / $2Sq Ft627 / 478DOM9 / 1New0Total4
Single Family
Avg/Median Rent$2,447 / $2,495Range$1,200 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,531 / 1,464DOM5 / 1New15Total37
Townhouse
Avg/Median Rent$2,382 / $2,100Range$1,395 – $4,400Rent per Sq Ft$2 / $2Sq Ft1,296 / 1,312DOM56 / 15New1Total6

Rentals by Bedroom Count

1 Beds
Avg:$1,266Median:$1,295Range:$895 – $1,650PSF:$2 / $2Sq Ft:674 / 700DOM:46 / 1New:18Total:41
2 Beds
Avg:$1,567Median:$1,575Range:$1,095 – $2,295PSF:$2 / $2Sq Ft:914 / 903DOM:34 / 1New:30Total:98
3 Beds
Avg:$2,398Median:$2,295Range:$1,650 – $4,400PSF:$2 / $2Sq Ft:1,425 / 1,329DOM:14 / 1New:9Total:28
4 Beds
Avg:$2,647Median:$2,499Range:$2,145 – $3,345PSF:$2 / $1Sq Ft:1,828 / 1,572DOM:25 / 1New:4Total:10
5 Beds
Avg:$3,385Median:$3,095Range:$2,745 – $4,000PSF:$1 / $1Sq Ft:2,455 / 2,120DOM:11 / 1New:2Total:4

6-Month Sales Trend

Dec 2025
Median Price:$409,900Median DOM:71New:19Total:169
Jan 2026
Median Price:$399,900Median DOM:73New:42Total:171
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:$420,000Median DOM:53New:19Total:199

6-Month Rental Trend

Dec 2025
Median Rent:$1,550Median DOM:1New:107Total:190
Jan 2026
Median Rent:$1,525Median DOM:1New:92Total:194
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:$1,575Median DOM:1New:63Total:181

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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