ZIP 97239 Housing Market Report
Portland Metro
Report period: July 2026
97239 Monthly Market Update – July 2026
ZIP 97239 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$659,000
−2.4%
Median DOM (Sales)
71
+4.4%
New Listings (Sales)
6
−76.9%
Median Rent
$1,799
+0.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
374
+1.4%
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: Single Family (57 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,499,990 median)
Sales Market Overview
Median Price
$659,000
−2.4%
Median DOM
71
+4.4%
New Listings
6
−76.9%
Inventory
199
+2.1%
- Average Price: $776,555
- Median Price: $659,000
- Price Range: $95,000 – $3,499,900
- Price per Sq Ft (Avg/Median): $358 / $334
- Square Footage (Avg/Median): 2,290 / 2,032
- Square Footage Range: 624 – 9,695
- Days on Market (Avg/Median): 98 / 71
- Days on Market Range: 2 – 365
- New Listings: 6
- Total Listings: 199
Sales by Property Type
Condo
Avg/Median Price$528,107 / $399,000Range$170,000 – $1,650,000Price per Sq Ft$382 / $370Sq Ft1,323 / 1,170DOM112 / 91New3Total76
Land
Avg/Median Price$200,900 / $200,000Range$95,000 – $295,000Price per Sq Ft—Sq Ft—DOM222 / 169New0Total10
Multi-Family
Avg/Median Price$1,149,850 / $845,000Range$450,000 – $3,499,900Price per Sq Ft$303 / $292Sq Ft3,886 / 3,182DOM104 / 76New0Total8
Single Family
Avg/Median Price$1,060,619 / $915,000Range$399,000 – $2,795,000Price per Sq Ft$352 / $324Sq Ft3,065 / 2,913DOM73 / 57New3Total88
Townhouse
Avg/Median Price$579,764 / $555,000Range$365,000 – $1,249,995Price per Sq Ft$301 / $292Sq Ft1,938 / 1,772DOM121 / 83New0Total17
Sales by Bedroom Count
Studio
Avg:$301,960Median:$245,000Range:$234,900 – $545,000PSF:$468 / $377Sq Ft:652 / 636DOM:94 / 91New:0Total:5
1 Beds
Avg:$362,662Median:$349,000Range:$249,900 – $645,000PSF:$386 / $370Sq Ft:939 / 889DOM:93 / 80New:2Total:26
2 Beds
Avg:$616,383Median:$549,900Range:$170,000 – $1,650,000PSF:$362 / $361Sq Ft:1,658 / 1,594DOM:111 / 84New:1Total:59
3 Beds
Avg:$799,227Median:$709,999Range:$305,000 – $1,675,000PSF:$338 / $314Sq Ft:2,354 / 2,212DOM:77 / 57New:1Total:43
4 Beds
Avg:$1,232,303Median:$999,900Range:$595,000 – $2,795,000PSF:$366 / $357Sq Ft:3,374 / 3,233DOM:82 / 58New:2Total:38
5 Beds
Avg:$1,229,307Median:$898,888Range:$799,000 – $2,685,000PSF:$312 / $289Sq Ft:3,872 / 3,718DOM:110 / 64New:0Total:12
6 Beds
Avg:$1,554,760Median:$1,200,000Range:$825,000 – $3,499,900PSF:$266 / $285Sq Ft:5,570 / 4,781DOM:124 / 42New:0Total:5
7 Beds
Avg:$1,499,990Median:$1,499,990Range:$1,499,990 – $1,499,990PSF:$326 / $326Sq Ft:4,602 / 4,602DOM:91 / 91New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $301,960 | $245,000 | $234,900 – $545,000 | $468 / $377 | 652 / 636 | 94 / 91 | 0 | 5 |
| 1 Beds | $362,662 | $349,000 | $249,900 – $645,000 | $386 / $370 | 939 / 889 | 93 / 80 | 2 | 26 |
| 2 Beds | $616,383 | $549,900 | $170,000 – $1,650,000 | $362 / $361 | 1,658 / 1,594 | 111 / 84 | 1 | 59 |
| 3 Beds | $799,227 | $709,999 | $305,000 – $1,675,000 | $338 / $314 | 2,354 / 2,212 | 77 / 57 | 1 | 43 |
| 4 Beds | $1,232,303 | $999,900 | $595,000 – $2,795,000 | $366 / $357 | 3,374 / 3,233 | 82 / 58 | 2 | 38 |
| 5 Beds | $1,229,307 | $898,888 | $799,000 – $2,685,000 | $312 / $289 | 3,872 / 3,718 | 110 / 64 | 0 | 12 |
| 6 Beds | $1,554,760 | $1,200,000 | $825,000 – $3,499,900 | $266 / $285 | 5,570 / 4,781 | 124 / 42 | 0 | 5 |
| 7 Beds | $1,499,990 | $1,499,990 | $1,499,990 – $1,499,990 | $326 / $326 | 4,602 / 4,602 | 91 / 91 | 0 | 1 |
Rental Market Overview
Median Rent
$1,799
+0.5%
Median DOM
1
0.0%
New Listings
141
Inventory
374
+1.4%
- Average Rent: $2,015
- Median Rent: $1,799
- Rent Range: $950 – $7,080
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 833 / 698
- Square Footage Range: 300 – 5,175
- Days on Market (Avg/Median): 16 / 1
- Days on Market Range: 1 – 358
- New Listings: 141
- Total Listings: 374
Rentals by Property Type
Apartment
$1,768
Median DOM: 1
Inventory: 318
MoM: +0.5%
Condo
$1,800
Median DOM: 1
Inventory: 17
MoM: +0.5%
Single Family
$1,995
Median DOM: 1
Inventory: 36
MoM: +0.5%
Townhouse
$2,800
Median DOM: 1
Inventory: 2
MoM: +0.5%
Apartment
Avg/Median Rent$1,923 / $1,768Range$950 – $7,080Rent per Sq Ft$3 / $3Sq Ft746 / 682DOM19 / 1New123Total318
Condo
Avg/Median Rent$2,169 / $1,800Range$1,095 – $4,495Rent per Sq Ft$2 / $2Sq Ft1,054 / 777DOM2 / 1New6Total17
Multi-Family
Avg/Median Rent$2,495 / $2,495Range$2,495 – $2,495Rent per Sq Ft$2 / $2Sq Ft1,350 / 1,350DOM1 / 1New0Total1
Single Family
Avg/Median Rent$2,651 / $1,995Range$1,095 – $6,250Rent per Sq Ft$2 / $2Sq Ft1,420 / 1,000DOM3 / 1New12Total36
Townhouse
Avg/Median Rent$3,582 / $2,800Range$2,800 – $4,365Rent per Sq Ft$2 / $2Sq Ft1,996 / 1,500DOM1 / 1New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,401Median:$1,369Range:$950 – $2,165PSF:$3 / $3Sq Ft:480 / 481DOM:34 / 1New:12Total:46
1 Beds
Avg:$1,812Median:$1,761Range:$1,000 – $2,920PSF:$3 / $3Sq Ft:693 / 675DOM:9 / 1New:90Total:233
2 Beds
Avg:$2,543Median:$2,250Range:$1,400 – $7,080PSF:$2 / $2Sq Ft:1,099 / 1,001DOM:29 / 1New:30Total:74
3 Beds
Avg:$3,460Median:$2,995Range:$1,495 – $5,250PSF:$2 / $2Sq Ft:1,976 / 2,000DOM:26 / 1New:6Total:16
4 Beds
Avg:$4,662Median:$4,495Range:$3,595 – $6,250PSF:$2 / $2Sq Ft:3,025 / 2,400DOM:3 / 1New:3Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,401 | $1,369 | $950 – $2,165 | $3 / $3 | 480 / 481 | 34 / 1 | 12 | 46 |
| 1 Beds | $1,812 | $1,761 | $1,000 – $2,920 | $3 / $3 | 693 / 675 | 9 / 1 | 90 | 233 |
| 2 Beds | $2,543 | $2,250 | $1,400 – $7,080 | $2 / $2 | 1,099 / 1,001 | 29 / 1 | 30 | 74 |
| 3 Beds | $3,460 | $2,995 | $1,495 – $5,250 | $2 / $2 | 1,976 / 2,000 | 26 / 1 | 6 | 16 |
| 4 Beds | $4,662 | $4,495 | $3,595 – $6,250 | $2 / $2 | 3,025 / 2,400 | 3 / 1 | 3 | 5 |
6-Month Sales Trend
Feb 2026
Median Price:$595,000Median DOM:107New:14Total:163
Mar 2026
Median Price:$629,900Median DOM:63New:42Total:169
Apr 2026
Median Price:$665,000Median DOM:47New:50Total:196
May 2026
Median Price:$654,000Median DOM:53New:40Total:205
Jun 2026
Median Price:$675,000Median DOM:68New:26Total:195
Jul 2026
Median Price:$659,000Median DOM:71New:6Total:199
6-Month Rental Trend
Feb 2026
Median Rent:$1,795Median DOM:1New:280Total:427
Mar 2026
Median Rent:$1,795Median DOM:1New:262Total:421
Apr 2026
Median Rent:$1,779Median DOM:1New:250Total:390
May 2026
Median Rent:$1,814Median DOM:1New:235Total:385
Jun 2026
Median Rent:$1,790Median DOM:1New:208Total:369
Jul 2026
Median Rent:$1,799Median DOM:1New:141Total:374
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.
970059700697007970089702497027970309703497035970609706297068970709720197202972039720497205972069720997210972119721297213972149721597216972179721897219+14 more
← Back to Portland Metro