ZIP 97266 Housing Market Report
Portland Metro
Report period: May 2026
97266 Monthly Market Update – May 2026
ZIP 97266 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$419,900
+1.2%
Median DOM (Sales)
42
+16.7%
New Listings (Sales)
13
−71.1%
Median Rent
$1,695
−0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
158
+3.9%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (25 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($899,000 median)
Sales Market Overview
Median Price
$419,900
+1.2%
Median DOM
42
+16.7%
New Listings
13
−71.1%
Inventory
173
−2.8%
- Average Price: $472,573
- Median Price: $419,900
- Price Range: $29,900 – $5,499,900
- Price per Sq Ft (Avg/Median): $290 / $275
- Square Footage (Avg/Median): 1,737 / 1,437
- Square Footage Range: 576 – 14,018
- Days on Market (Avg/Median): 75 / 42
- Days on Market Range: 2 – 352
- New Listings: 13
- Total Listings: 173
Sales by Property Type
Condo
Avg/Median Price$294,327 / $339,500Range$129,900 – $390,000Price per Sq Ft$226 / $217Sq Ft1,353 / 1,274DOM44 / 25New0Total11
Land
Avg/Median Price$369,900 / $310,000Range$115,000 – $860,000Price per Sq Ft—Sq Ft—DOM166 / 175New0Total12
Manufactured
Avg/Median Price$147,986 / $69,500Range$29,900 – $415,000Price per Sq Ft$129 / $76Sq Ft986 / 800DOM87 / 87New0Total7
Multi-Family
Avg/Median Price$1,193,792 / $698,000Range$434,900 – $5,499,900Price per Sq Ft$259 / $252Sq Ft4,204 / 3,238DOM89 / 54New1Total12
Single Family
Avg/Median Price$459,068 / $439,900Range$200,000 – $875,000Price per Sq Ft$305 / $285Sq Ft1,658 / 1,539DOM67 / 33New10Total115
Townhouse
Avg/Median Price$370,280 / $349,900Range$319,900 – $499,000Price per Sq Ft$317 / $313Sq Ft1,202 / 1,137DOM88 / 47New2Total16
Sales by Bedroom Count
1 Beds
Avg:$69,500Median:$69,500Range:$69,500 – $69,500PSF:$116 / $116Sq Ft:600 / 600DOM:117 / 117New:0Total:1
2 Beds
Avg:$317,131Median:$327,500Range:$29,900 – $460,000PSF:$344 / $358Sq Ft:948 / 894DOM:72 / 25New:2Total:29
3 Beds
Avg:$417,266Median:$400,000Range:$58,000 – $875,000PSF:$296 / $291Sq Ft:1,495 / 1,358DOM:60 / 32New:6Total:81
4 Beds
Avg:$543,423Median:$499,000Range:$250,000 – $1,813,900PSF:$254 / $266Sq Ft:2,180 / 2,050DOM:64 / 42New:5Total:33
5 Beds
Avg:$1,282,400Median:$599,000Range:$419,000 – $5,499,900PSF:$278 / $267Sq Ft:3,921 / 2,220DOM:188 / 195New:0Total:7
6 Beds
Avg:$673,271Median:$575,000Range:$550,000 – $950,000PSF:$221 / $227Sq Ft:3,107 / 2,970DOM:103 / 54New:0Total:7
7 Beds
Avg:$729,900Median:$729,900Range:$729,900 – $729,900PSF:$189 / $189Sq Ft:3,872 / 3,872DOM:46 / 46New:0Total:1
8 Beds
Avg:$949,450Median:$899,000Range:$899,000 – $999,900PSF:$269 / $269Sq Ft:3,722 / 3,722DOM:54 / 53New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $69,500 | $69,500 | $69,500 – $69,500 | $116 / $116 | 600 / 600 | 117 / 117 | 0 | 1 |
| 2 Beds | $317,131 | $327,500 | $29,900 – $460,000 | $344 / $358 | 948 / 894 | 72 / 25 | 2 | 29 |
| 3 Beds | $417,266 | $400,000 | $58,000 – $875,000 | $296 / $291 | 1,495 / 1,358 | 60 / 32 | 6 | 81 |
| 4 Beds | $543,423 | $499,000 | $250,000 – $1,813,900 | $254 / $266 | 2,180 / 2,050 | 64 / 42 | 5 | 33 |
| 5 Beds | $1,282,400 | $599,000 | $419,000 – $5,499,900 | $278 / $267 | 3,921 / 2,220 | 188 / 195 | 0 | 7 |
| 6 Beds | $673,271 | $575,000 | $550,000 – $950,000 | $221 / $227 | 3,107 / 2,970 | 103 / 54 | 0 | 7 |
| 7 Beds | $729,900 | $729,900 | $729,900 – $729,900 | $189 / $189 | 3,872 / 3,872 | 46 / 46 | 0 | 1 |
| 8 Beds | $949,450 | $899,000 | $899,000 – $999,900 | $269 / $269 | 3,722 / 3,722 | 54 / 53 | 0 | 2 |
Rental Market Overview
Median Rent
$1,695
−0.1%
Median DOM
1
0.0%
New Listings
56
Inventory
158
+3.9%
- Average Rent: $1,813
- Median Rent: $1,695
- Rent Range: $950 – $3,950
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 945 / 930
- Square Footage Range: 364 – 1,884
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 362
- New Listings: 56
- Total Listings: 158
Rentals by Property Type
Apartment
$1,584
Median DOM: 1
Inventory: 97
MoM: −0.1%
Condo
$1,650
Median DOM: 1
Inventory: 5
MoM: −0.1%
Single Family
$2,295
Median DOM: 1
Inventory: 46
MoM: −0.1%
Townhouse
$1,695
Median DOM: 1
Inventory: 9
MoM: −0.1%
Apartment
Avg/Median Rent$1,624 / $1,584Range$950 – $2,695Rent per Sq Ft$2 / $2Sq Ft840 / 850DOM42 / 1New26Total97
Condo
Avg/Median Rent$1,716 / $1,650Range$1,195 – $2,399Rent per Sq Ft$2 / $2Sq Ft963 / 1,011DOM7 / 1New3Total5
Multi-Family
Avg/Median Rent$1,845 / $1,845Range$1,845 – $1,845Rent per Sq Ft$2 / $2Sq Ft800 / 800DOM1 / 1New1Total1
Single Family
Avg/Median Rent$2,230 / $2,295Range$999 – $3,950Rent per Sq Ft$2 / $2Sq Ft1,162 / 1,100DOM10 / 1New21Total46
Townhouse
Avg/Median Rent$1,776 / $1,695Range$1,347 – $2,399Rent per Sq Ft$2 / $2Sq Ft978 / 974DOM16 / 1New5Total9
Rentals by Bedroom Count
Studio
Avg:$1,064Median:$999Range:$950 – $1,375PSF:$3 / $3Sq Ft:414 / 422DOM:82 / 1New:2Total:8
1 Beds
Avg:$1,417Median:$1,454Range:$1,099 – $1,705PSF:$2 / $2Sq Ft:607 / 636DOM:38 / 1New:7Total:26
2 Beds
Avg:$1,653Median:$1,650Range:$1,200 – $2,425PSF:$2 / $2Sq Ft:893 / 912DOM:33 / 1New:26Total:74
3 Beds
Avg:$2,303Median:$2,295Range:$1,850 – $3,195PSF:$2 / $2Sq Ft:1,227 / 1,095DOM:14 / 1New:18Total:43
4 Beds
Avg:$2,642Median:$2,595Range:$2,395 – $2,795PSF:$2 / $2Sq Ft:1,549 / 1,458DOM:1 / 1New:3Total:6
5 Beds
Avg:$3,950Median:$3,950Range:$3,950 – $3,950PSF:$2 / $2Sq Ft:1,884 / 1,884DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,064 | $999 | $950 – $1,375 | $3 / $3 | 414 / 422 | 82 / 1 | 2 | 8 |
| 1 Beds | $1,417 | $1,454 | $1,099 – $1,705 | $2 / $2 | 607 / 636 | 38 / 1 | 7 | 26 |
| 2 Beds | $1,653 | $1,650 | $1,200 – $2,425 | $2 / $2 | 893 / 912 | 33 / 1 | 26 | 74 |
| 3 Beds | $2,303 | $2,295 | $1,850 – $3,195 | $2 / $2 | 1,227 / 1,095 | 14 / 1 | 18 | 43 |
| 4 Beds | $2,642 | $2,595 | $2,395 – $2,795 | $2 / $2 | 1,549 / 1,458 | 1 / 1 | 3 | 6 |
| 5 Beds | $3,950 | $3,950 | $3,950 – $3,950 | $2 / $2 | 1,884 / 1,884 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$397,500Median DOM:80New:27Total:170
Jan 2026
Median Price:$399,900Median DOM:73New:24Total:153
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:$419,900Median DOM:42New:13Total:173
6-Month Rental Trend
Dec 2025
Median Rent:$1,750Median DOM:1New:78Total:125
Jan 2026
Median Rent:$1,695Median DOM:1New:83Total:139
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:56Total:158
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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