ZIP 97266 Housing Market Report
Portland Metro
Report period: August 2026
97266 Monthly Market Update – August 2026
ZIP 97266 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$424,950
+1.2%
Median DOM (Sales)
53
+8.2%
New Listings (Sales)
8
−81.4%
Median Rent
$1,695
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
155
+9.2%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (24 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($995,000 median)
Sales Market Overview
Median Price
$424,950
+1.2%
Median DOM
53
+8.2%
New Listings
8
−81.4%
Inventory
214
−3.6%
- Average Price: $512,211
- Median Price: $424,950
- Price Range: $49,000 – $5,795,000
- Price per Sq Ft (Avg/Median): $292 / $278
- Square Footage (Avg/Median): 1,855 / 1,536
- Square Footage Range: 560 – 17,350
- Days on Market (Avg/Median): 83 / 53
- Days on Market Range: 1 – 363
- New Listings: 8
- Total Listings: 214
Sales by Property Type
Condo
Avg/Median Price$307,953 / $324,900Range$129,900 – $415,000Price per Sq Ft$248 / $244Sq Ft1,244 / 1,370DOM59 / 47New0Total19
Land
Avg/Median Price$463,121 / $275,000Range$115,000 – $1,600,000Price per Sq Ft—Sq Ft—DOM158 / 148New0Total14
Manufactured
Avg/Median Price$134,375 / $64,500Range$49,000 – $299,000Price per Sq Ft$164 / $108Sq Ft755 / 600DOM103 / 24New1Total4
Multi-Family
Avg/Median Price$1,347,920 / $689,900Range$399,000 – $5,795,000Price per Sq Ft$259 / $269Sq Ft4,778 / 3,238DOM130 / 116New1Total19
Single Family
Avg/Median Price$456,584 / $425,000Range$199,000 – $900,000Price per Sq Ft$302 / $280Sq Ft1,678 / 1,565DOM67 / 45New6Total146
Townhouse
Avg/Median Price$372,417 / $339,900Range$319,900 – $489,900Price per Sq Ft$320 / $313Sq Ft1,205 / 929DOM162 / 116New0Total12
Sales by Bedroom Count
Studio
Avg:$349,900Median:$349,900Range:$349,900 – $349,900PSF:$568 / $568Sq Ft:616 / 616DOM:57 / 57New:0Total:1
1 Beds
Avg:$94,750Median:$64,500Range:$64,500 – $125,000PSF:$158 / $108Sq Ft:600 / 600DOM:106 / 4New:1Total:2
2 Beds
Avg:$327,895Median:$329,900Range:$129,900 – $460,000PSF:$356 / $358Sq Ft:988 / 894DOM:79 / 51New:0Total:35
3 Beds
Avg:$423,571Median:$410,000Range:$49,000 – $1,180,000PSF:$302 / $302Sq Ft:1,435 / 1,352DOM:71 / 46New:3Total:93
4 Beds
Avg:$563,399Median:$475,000Range:$359,000 – $2,000,000PSF:$240 / $230Sq Ft:2,354 / 2,126DOM:77 / 60New:3Total:45
5 Beds
Avg:$1,005,896Median:$595,000Range:$419,000 – $5,499,900PSF:$244 / $238Sq Ft:3,733 / 2,427DOM:118 / 55New:0Total:12
6 Beds
Avg:$1,339,250Median:$775,000Range:$549,000 – $5,795,000PSF:$275 / $227Sq Ft:4,557 / 2,424DOM:107 / 42New:0Total:8
7 Beds
Avg:$689,900Median:$689,900Range:$689,900 – $689,900PSF:$178 / $178Sq Ft:3,872 / 3,872DOM:137 / 137New:0Total:1
8 Beds
Avg:$964,633Median:$995,000Range:$899,000 – $999,900PSF:$254 / $239Sq Ft:3,941 / 3,722DOM:97 / 144New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $349,900 | $349,900 | $349,900 – $349,900 | $568 / $568 | 616 / 616 | 57 / 57 | 0 | 1 |
| 1 Beds | $94,750 | $64,500 | $64,500 – $125,000 | $158 / $108 | 600 / 600 | 106 / 4 | 1 | 2 |
| 2 Beds | $327,895 | $329,900 | $129,900 – $460,000 | $356 / $358 | 988 / 894 | 79 / 51 | 0 | 35 |
| 3 Beds | $423,571 | $410,000 | $49,000 – $1,180,000 | $302 / $302 | 1,435 / 1,352 | 71 / 46 | 3 | 93 |
| 4 Beds | $563,399 | $475,000 | $359,000 – $2,000,000 | $240 / $230 | 2,354 / 2,126 | 77 / 60 | 3 | 45 |
| 5 Beds | $1,005,896 | $595,000 | $419,000 – $5,499,900 | $244 / $238 | 3,733 / 2,427 | 118 / 55 | 0 | 12 |
| 6 Beds | $1,339,250 | $775,000 | $549,000 – $5,795,000 | $275 / $227 | 4,557 / 2,424 | 107 / 42 | 0 | 8 |
| 7 Beds | $689,900 | $689,900 | $689,900 – $689,900 | $178 / $178 | 3,872 / 3,872 | 137 / 137 | 0 | 1 |
| 8 Beds | $964,633 | $995,000 | $899,000 – $999,900 | $254 / $239 | 3,941 / 3,722 | 97 / 144 | 1 | 3 |
Rental Market Overview
Median Rent
$1,695
0.0%
Median DOM
1
0.0%
New Listings
58
Inventory
155
+9.2%
- Average Rent: $1,779
- Median Rent: $1,695
- Rent Range: $995 – $4,975
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 936 / 900
- Square Footage Range: 322 – 2,328
- Days on Market (Avg/Median): 30 / 1
- Days on Market Range: 1 – 364
- New Listings: 58
- Total Listings: 155
Rentals by Property Type
Apartment
$1,536
Median DOM: 1
Inventory: 89
MoM: 0.0%
Condo
$1,195
Median DOM: 1
Inventory: 12
MoM: 0.0%
Single Family
$2,275
Median DOM: 1
Inventory: 39
MoM: 0.0%
Townhouse
$1,999
Median DOM: 1
Inventory: 11
MoM: 0.0%
Apartment
Avg/Median Rent$1,629 / $1,536Range$995 – $3,195Rent per Sq Ft$2 / $2Sq Ft832 / 850DOM42 / 1New29Total89
Condo
Avg/Median Rent$1,365 / $1,195Range$995 – $2,100Rent per Sq Ft$2 / $2Sq Ft854 / 720DOM2 / 1New7Total12
Multi-Family
Avg/Median Rent$1,584 / $1,595Range$1,150 – $1,845Rent per Sq Ft$2 / $2Sq Ft775 / 750DOM60 / 1New1Total4
Single Family
Avg/Median Rent$2,197 / $2,275Range$999 – $4,975Rent per Sq Ft$2 / $2Sq Ft1,153 / 1,056DOM19 / 1New17Total39
Townhouse
Avg/Median Rent$2,034 / $1,999Range$1,500 – $2,595Rent per Sq Ft$2 / $2Sq Ft1,169 / 1,011DOM4 / 1New4Total11
Rentals by Bedroom Count
Studio
Avg:$1,117Median:$1,080Range:$995 – $1,375PSF:$3 / $3Sq Ft:387 / 364DOM:53 / 1New:1Total:11
1 Beds
Avg:$1,353Median:$1,339Range:$1,000 – $1,895PSF:$2 / $2Sq Ft:666 / 648DOM:24 / 1New:10Total:24
2 Beds
Avg:$1,663Median:$1,695Range:$1,100 – $2,500PSF:$2 / $2Sq Ft:875 / 900DOM:34 / 1New:30Total:81
3 Beds
Avg:$2,394Median:$2,395Range:$1,450 – $4,975PSF:$2 / $2Sq Ft:1,308 / 1,292DOM:25 / 1New:14Total:31
4 Beds
Avg:$2,773Median:$2,695Range:$2,300 – $3,195PSF:$2 / $2Sq Ft:1,735 / 1,621DOM:1 / 1New:3Total:7
5 Beds
Avg:$2,695Median:$2,695Range:$2,695 – $2,695PSF:$1 / $1Sq Ft:1,954 / 1,954DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,117 | $1,080 | $995 – $1,375 | $3 / $3 | 387 / 364 | 53 / 1 | 1 | 11 |
| 1 Beds | $1,353 | $1,339 | $1,000 – $1,895 | $2 / $2 | 666 / 648 | 24 / 1 | 10 | 24 |
| 2 Beds | $1,663 | $1,695 | $1,100 – $2,500 | $2 / $2 | 875 / 900 | 34 / 1 | 30 | 81 |
| 3 Beds | $2,394 | $2,395 | $1,450 – $4,975 | $2 / $2 | 1,308 / 1,292 | 25 / 1 | 14 | 31 |
| 4 Beds | $2,773 | $2,695 | $2,300 – $3,195 | $2 / $2 | 1,735 / 1,621 | 1 / 1 | 3 | 7 |
| 5 Beds | $2,695 | $2,695 | $2,695 – $2,695 | $1 / $1 | 1,954 / 1,954 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
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:$419,950Median DOM:49New:43Total:222
Aug 2026
Median Price:$424,950Median DOM:53New:8Total:214
6-Month Rental Trend
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:69Total:142
Aug 2026
Median Rent:$1,695Median DOM:1New:58Total:155
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 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