ZIP 97006 Housing Market Report
Portland Metro
Report period: March 2026
97006 Monthly Market Update – March 2026
ZIP 97006 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$349,000
+2.9%
Median DOM (Sales)
54
−14.3%
New Listings (Sales)
13
−71.1%
Median Rent
$1,850
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
241
+2.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (26 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($799,950 median)
Sales Market Overview
Median Price
$349,000
+2.9%
Median DOM
54
−14.3%
New Listings
13
−71.1%
Inventory
194
+4.3%
- Average Price: $407,527
- Median Price: $349,000
- Price Range: $49,985 – $2,275,000
- Price per Sq Ft (Avg/Median): $256 / $266
- Square Footage (Avg/Median): 1,567 / 1,448
- Square Footage Range: 702 – 5,025
- Days on Market (Avg/Median): 86 / 54
- Days on Market Range: 2 – 364
- New Listings: 13
- Total Listings: 194
Sales by Property Type
Condo
Avg/Median Price$302,671 / $305,000Range$187,000 – $424,900Price per Sq Ft$260 / $257Sq Ft1,199 / 1,198DOM111 / 93New3Total79
Manufactured
Avg/Median Price$168,562 / $152,900Range$49,985 – $469,500Price per Sq Ft$124 / $122Sq Ft1,383 / 1,344DOM107 / 80New1Total36
Single Family
Avg/Median Price$681,678 / $630,000Range$439,900 – $2,275,000Price per Sq Ft$325 / $315Sq Ft2,142 / 1,902DOM49 / 26New9Total63
Townhouse
Avg/Median Price$383,456 / $365,000Range$309,000 – $525,000Price per Sq Ft$254 / $260Sq Ft1,521 / 1,460DOM69 / 28New0Total16
Sales by Bedroom Count
1 Beds
Avg:$215,799Median:$208,698Range:$208,698 – $230,000PSF:$287 / $285Sq Ft:752 / 732DOM:6 / 2New:0Total:3
2 Beds
Avg:$275,122Median:$279,999Range:$49,985 – $459,000PSF:$245 / $257Sq Ft:1,167 / 1,152DOM:108 / 80New:3Total:77
3 Beds
Avg:$427,535Median:$399,900Range:$115,000 – $2,275,000PSF:$253 / $254Sq Ft:1,639 / 1,566DOM:77 / 42New:7Total:77
4 Beds
Avg:$606,986Median:$647,500Range:$100,000 – $1,175,000PSF:$282 / $290Sq Ft:2,101 / 2,072DOM:67 / 33New:3Total:30
5 Beds
Avg:$871,236Median:$799,950Range:$629,900 – $1,250,000PSF:$276 / $277Sq Ft:3,179 / 3,212DOM:55 / 40New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $215,799 | $208,698 | $208,698 – $230,000 | $287 / $285 | 752 / 732 | 6 / 2 | 0 | 3 |
| 2 Beds | $275,122 | $279,999 | $49,985 – $459,000 | $245 / $257 | 1,167 / 1,152 | 108 / 80 | 3 | 77 |
| 3 Beds | $427,535 | $399,900 | $115,000 – $2,275,000 | $253 / $254 | 1,639 / 1,566 | 77 / 42 | 7 | 77 |
| 4 Beds | $606,986 | $647,500 | $100,000 – $1,175,000 | $282 / $290 | 2,101 / 2,072 | 67 / 33 | 3 | 30 |
| 5 Beds | $871,236 | $799,950 | $629,900 – $1,250,000 | $276 / $277 | 3,179 / 3,212 | 55 / 40 | 0 | 7 |
Rental Market Overview
Median Rent
$1,850
0.0%
Median DOM
1
0.0%
New Listings
91
Inventory
241
+2.6%
- Average Rent: $1,992
- Median Rent: $1,850
- Rent Range: $1,199 – $6,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,179 / 1,106
- Square Footage Range: 270 – 2,682
- Days on Market (Avg/Median): 25 / 1
- Days on Market Range: 1 – 351
- New Listings: 91
- Total Listings: 241
Rentals by Property Type
Apartment
$1,562
Median DOM: 18
Inventory: 104
MoM: 0.0%
Condo
$1,600
Median DOM: 1
Inventory: 28
MoM: 0.0%
Single Family
$2,400
Median DOM: 1
Inventory: 90
MoM: 0.0%
Townhouse
$2,210
Median DOM: 1
Inventory: 19
MoM: 0.0%
Apartment
Avg/Median Rent$1,616 / $1,562Range$1,199 – $2,343Rent per Sq Ft$2 / $2Sq Ft847 / 748DOM49 / 18New20Total104
Condo
Avg/Median Rent$1,762 / $1,600Range$1,295 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,028 / 893DOM12 / 1New17Total28
Single Family
Avg/Median Rent$2,436 / $2,400Range$1,350 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,547 / 1,518DOM7 / 1New46Total90
Townhouse
Avg/Median Rent$2,283 / $2,210Range$1,395 – $3,650Rent per Sq Ft$2 / $1Sq Ft1,467 / 1,528DOM23 / 1New8Total19
Rentals by Bedroom Count
Studio
Avg:$1,484Median:$1,431Range:$1,199 – $1,859PSF:$4 / $3Sq Ft:420 / 462DOM:77 / 10New:1Total:7
1 Beds
Avg:$1,440Median:$1,399Range:$1,287 – $1,939PSF:$2 / $2Sq Ft:675 / 685DOM:54 / 19New:4Total:50
2 Beds
Avg:$1,795Median:$1,785Range:$1,350 – $2,995PSF:$2 / $2Sq Ft:1,063 / 1,045DOM:22 / 1New:48Total:95
3 Beds
Avg:$2,438Median:$2,395Range:$1,695 – $6,500PSF:$2 / $2Sq Ft:1,530 / 1,528DOM:12 / 1New:32Total:74
4 Beds
Avg:$3,087Median:$2,995Range:$2,395 – $4,995PSF:$1 / $1Sq Ft:2,175 / 2,304DOM:17 / 1New:6Total:13
5 Beds
Avg:$3,248Median:$3,195Range:$3,195 – $3,300PSF:$1 / $1Sq Ft:2,441 / 2,200DOM:1 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,484 | $1,431 | $1,199 – $1,859 | $4 / $3 | 420 / 462 | 77 / 10 | 1 | 7 |
| 1 Beds | $1,440 | $1,399 | $1,287 – $1,939 | $2 / $2 | 675 / 685 | 54 / 19 | 4 | 50 |
| 2 Beds | $1,795 | $1,785 | $1,350 – $2,995 | $2 / $2 | 1,063 / 1,045 | 22 / 1 | 48 | 95 |
| 3 Beds | $2,438 | $2,395 | $1,695 – $6,500 | $2 / $2 | 1,530 / 1,528 | 12 / 1 | 32 | 74 |
| 4 Beds | $3,087 | $2,995 | $2,395 – $4,995 | $1 / $1 | 2,175 / 2,304 | 17 / 1 | 6 | 13 |
| 5 Beds | $3,248 | $3,195 | $3,195 – $3,300 | $1 / $1 | 2,441 / 2,200 | 1 / 1 | 0 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$379,900Median DOM:71New:38Total:205
Nov 2025
Median Price:$369,000Median DOM:66New:28Total:197
Dec 2025
Median Price:$357,000Median DOM:76New:26Total:188
Jan 2026
Median Price:$349,000Median DOM:78New:32Total:171
Feb 2026
Median Price:$339,000Median DOM:63New:45Total:186
Mar 2026
Median Price:$349,000Median DOM:54New:13Total:194
6-Month Rental Trend
Oct 2025
Median Rent:$1,900Median DOM:1New:95Total:200
Nov 2025
Median Rent:$1,827Median DOM:1New:107Total:205
Dec 2025
Median Rent:$1,804Median DOM:1New:119Total:227
Jan 2026
Median Rent:$1,822Median DOM:1New:126Total:232
Feb 2026
Median Rent:$1,850Median DOM:1New:124Total:235
Mar 2026
Median Rent:$1,850Median DOM:1New:91Total:241
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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