ZIP 97266 Housing Market Report

Portland Metro

Report period: July 2026

97266 Monthly Market Update – July 2026

ZIP 97266 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$425,000
0.0%
Median DOM (Sales)
44
+2.3%
New Listings (Sales)
15
−71.2%
Median Rent
$1,695
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
144
+4.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (36 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 8 Beds ($899,000 median)

Sales Market Overview

Median Price
$425,000
0.0%
Median DOM
44
+2.3%
New Listings
15
−71.2%
Inventory
215
+1.9%
  • Average Price: $511,815
  • Median Price: $425,000
  • Price Range: $45,000 – $5,795,000
  • Price per Sq Ft (Avg/Median): $296 / $280
  • Square Footage (Avg/Median): 1,834 / 1,485
  • Square Footage Range: 560 – 17,350
  • Days on Market (Avg/Median): 74 / 44
  • Days on Market Range: 1 – 344
  • New Listings: 15
  • Total Listings: 215

Sales by Property Type

Condo
Avg/Median Price$322,585 / $349,900Range$129,900 – $425,000Price per Sq Ft$246 / $239Sq Ft1,359 / 1,406DOM49 / 44New2Total20
Land
Avg/Median Price$461,142 / $275,000Range$115,000 – $1,600,000Price per Sq FtSq FtDOM151 / 148New0Total12
Manufactured
Avg/Median Price$126,750 / $64,500Range$49,000 – $299,000Price per Sq Ft$131 / $76Sq Ft916 / 720DOM114 / 109New0Total4
Multi-Family
Avg/Median Price$1,247,356 / $694,900Range$45,000 – $5,795,000Price per Sq Ft$261 / $269Sq Ft4,730 / 3,238DOM98 / 86New0Total21
Single Family
Avg/Median Price$460,624 / $434,950Range$150,000 – $875,000Price per Sq Ft$310 / $290Sq Ft1,648 / 1,574DOM62 / 36New12Total141
Townhouse
Avg/Median Price$376,793 / $355,900Range$319,900 – $489,900Price per Sq Ft$311 / $294Sq Ft1,250 / 1,232DOM121 / 86New1Total17

Sales by Bedroom Count

Studio
Avg:$349,900Median:$349,900Range:$349,900 – $349,900PSF:$568 / $568Sq Ft:616 / 616DOM:27 / 27New:0Total:1
1 Beds
Avg:$144,750Median:$64,500Range:$64,500 – $225,000PSF:$237 / $108Sq Ft:606 / 600DOM:101 / 24New:0Total:2
2 Beds
Avg:$339,836Median:$349,000Range:$129,900 – $460,000PSF:$376 / $369Sq Ft:950 / 894DOM:71 / 40New:2Total:35
3 Beds
Avg:$429,121Median:$419,000Range:$49,000 – $1,230,000PSF:$294 / $290Sq Ft:1,504 / 1,423DOM:62 / 43New:10Total:99
4 Beds
Avg:$561,547Median:$475,000Range:$345,000 – $2,000,000PSF:$249 / $252Sq Ft:2,255 / 2,096DOM:71 / 44New:3Total:41
5 Beds
Avg:$1,050,977Median:$599,000Range:$419,000 – $5,499,900PSF:$253 / $239Sq Ft:3,762 / 2,427DOM:128 / 112New:0Total:11
6 Beds
Avg:$1,153,700Median:$698,000Range:$45,000 – $5,795,000PSF:$265 / $227Sq Ft:4,551 / 2,970DOM:85 / 42New:0Total:10
7 Beds
Avg:$694,900Median:$694,900Range:$694,900 – $694,900PSF:$179 / $179Sq Ft:3,872 / 3,872DOM:107 / 107New:0Total:1
8 Beds
Avg:$891,300Median:$899,000Range:$775,000 – $999,900PSF:$269 / $269Sq Ft:3,722 / 3,722DOM:79 / 114New:0Total:3

Rental Market Overview

Median Rent
$1,695
0.0%
Median DOM
1
0.0%
New Listings
52
Inventory
144
+4.3%
  • Average Rent: $1,783
  • Median Rent: $1,695
  • Rent Range: $890 – $3,195
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 923 / 855
  • Square Footage Range: 322 – 1,954
  • Days on Market (Avg/Median): 31 / 1
  • Days on Market Range: 1 – 304
  • New Listings: 52
  • Total Listings: 144

Rentals by Property Type

Apartment
$1,548
Median DOM: 1
Inventory: 78
MoM: 0.0%
Condo
$1,295
Median DOM: 1
Inventory: 11
MoM: 0.0%
Single Family
$2,295
Median DOM: 1
Inventory: 42
MoM: 0.0%
Townhouse
$1,795
Median DOM: 1
Inventory: 11
MoM: 0.0%
Apartment
Avg/Median Rent$1,646 / $1,548Range$995 – $3,195Rent per Sq Ft$2 / $2Sq Ft833 / 806DOM54 / 1New23Total78
Condo
Avg/Median Rent$1,308 / $1,295Range$995 – $1,859Rent per Sq Ft$2 / $2Sq Ft821 / 720DOM2 / 1New6Total11
Multi-Family
Avg/Median Rent$1,720 / $1,595Range$1,595 – $1,845Rent per Sq Ft$2 / $2Sq Ft775 / 750DOM1 / 1New2Total2
Single Family
Avg/Median Rent$2,118 / $2,295Range$890 – $3,095Rent per Sq Ft$2 / $2Sq Ft1,062 / 912DOM7 / 1New16Total42
Townhouse
Avg/Median Rent$1,961 / $1,795Range$1,400 – $2,595Rent per Sq Ft$2 / $2Sq Ft1,168 / 1,024DOM9 / 1New5Total11

Rentals by Bedroom Count

Studio
Avg:$1,069Median:$999Range:$995 – $1,375PSF:$3 / $3Sq Ft:388 / 364DOM:77 / 1New:2Total:10
1 Beds
Avg:$1,380Median:$1,350Range:$1,000 – $1,895PSF:$2 / $2Sq Ft:650 / 640DOM:38 / 1New:9Total:24
2 Beds
Avg:$1,645Median:$1,673Range:$890 – $2,500PSF:$2 / $2Sq Ft:852 / 850DOM:36 / 1New:24Total:68
3 Beds
Avg:$2,292Median:$2,295Range:$1,450 – $2,899PSF:$2 / $2Sq Ft:1,250 / 1,100DOM:11 / 1New:10Total:32
4 Beds
Avg:$2,754Median:$2,700Range:$2,300 – $3,195PSF:$2 / $2Sq Ft:1,616 / 1,621DOM:1 / 1New:6Total:9
5 Beds
Avg:$2,895Median:$2,895Range:$2,895 – $2,895PSF:$1 / $1Sq Ft:1,954 / 1,954DOM:1 / 1New:1Total:1

6-Month Sales Trend

Feb 2026
Median Price:$399,900Median DOM:54New:34Total:150
Mar 2026
Median Price:$405,000Median DOM:40New:44Total:160
Apr 2026
Median Price:$415,000Median DOM:36New:45Total:178
May 2026
Median Price:$425,000Median DOM:43New:50Total:188
Jun 2026
Median Price:$425,000Median DOM:43New:52Total:211
Jul 2026
Median Price:$425,000Median DOM:44New:15Total:215

6-Month Rental Trend

Feb 2026
Median Rent:$1,695Median DOM:1New:82Total:154
Mar 2026
Median Rent:$1,696Median DOM:1New:84Total:164
Apr 2026
Median Rent:$1,696Median DOM:1New:85Total:152
May 2026
Median Rent:$1,695Median DOM:1New:73Total:152
Jun 2026
Median Rent:$1,695Median DOM:1New:77Total:138
Jul 2026
Median Rent:$1,695Median DOM:1New:52Total:144

Key Market Takeaways

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