ZIP 97024 Housing Market Report
Portland Metro
Report period: March 2026
97024 Monthly Market Update – March 2026
ZIP 97024 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$459,900
0.0%
Median DOM (Sales)
37
+23.3%
New Listings (Sales)
2
−85.7%
Median Rent
$1,599
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
29
−3.3%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (5 DOM)
- Fastest renting: Multi-Family (1 DOM)
- Strongest bedroom: 4 Beds ($624,900 median)
Sales Market Overview
Median Price
$459,900
0.0%
Median DOM
37
+23.3%
New Listings
2
−85.7%
Inventory
45
−2.2%
- Average Price: $431,276
- Median Price: $459,900
- Price Range: $75,000 – $999,900
- Price per Sq Ft (Avg/Median): $226 / $261
- Square Footage (Avg/Median): 1,817 / 1,565
- Square Footage Range: 840 – 3,517
- Days on Market (Avg/Median): 66 / 37
- Days on Market Range: 5 – 228
- New Listings: 2
- Total Listings: 45
Sales by Property Type
Land
Avg/Median Price$594,900 / $594,900Range$594,900 – $594,900Price per Sq Ft—Sq Ft—DOM183 / 183New0Total1
Manufactured
Avg/Median Price$128,046 / $89,900Range$75,000 – $344,700Price per Sq Ft$99 / $92Sq Ft1,313 / 1,344DOM90 / 79New0Total13
Multi-Family
Avg/Median Price$552,450 / $480,000Range$480,000 – $624,900Price per Sq Ft$284 / $261Sq Ft1,976 / 1,560DOM89 / 5New0Total2
Single Family
Avg/Median Price$577,825 / $519,000Range$334,900 – $999,900Price per Sq Ft$293 / $301Sq Ft2,011 / 1,740DOM50 / 25New2Total21
Townhouse
Avg/Median Price$488,587 / $415,000Range$370,000 – $749,000Price per Sq Ft$243 / $234Sq Ft2,087 / 1,586DOM57 / 32New0Total8
Sales by Bedroom Count
2 Beds
Avg:$79,880Median:$79,900Range:$75,000 – $89,500PSF:$66 / $60Sq Ft:1,267 / 1,344DOM:88 / 86New:0Total:5
3 Beds
Avg:$422,221Median:$459,900Range:$75,000 – $899,900PSF:$246 / $276Sq Ft:1,668 / 1,526DOM:51 / 32New:2Total:29
4 Beds
Avg:$616,870Median:$624,900Range:$390,000 – $999,900PSF:$248 / $234Sq Ft:2,524 / 2,392DOM:92 / 92New:0Total:10
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $79,880 | $79,900 | $75,000 – $89,500 | $66 / $60 | 1,267 / 1,344 | 88 / 86 | 0 | 5 |
| 3 Beds | $422,221 | $459,900 | $75,000 – $899,900 | $246 / $276 | 1,668 / 1,526 | 51 / 32 | 2 | 29 |
| 4 Beds | $616,870 | $624,900 | $390,000 – $999,900 | $248 / $234 | 2,524 / 2,392 | 92 / 92 | 0 | 10 |
Rental Market Overview
Median Rent
$1,599
+0.3%
Median DOM
1
0.0%
New Listings
8
Inventory
29
−3.3%
- Average Rent: $1,713
- Median Rent: $1,599
- Rent Range: $1,305 – $2,599
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 907 / 860
- Square Footage Range: 450 – 1,728
- Days on Market (Avg/Median): 39 / 1
- Days on Market Range: 1 – 321
- New Listings: 8
- Total Listings: 29
Rentals by Property Type
Apartment
$1,544
Median DOM: 13
Inventory: 17
MoM: +0.3%
Condo
—
Median DOM: —
Inventory: —
MoM: +0.3%
Single Family
$1,795
Median DOM: 1
Inventory: 11
MoM: +0.3%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +0.3%
Apartment
Avg/Median Rent$1,557 / $1,544Range$1,305 – $1,925Rent per Sq Ft$2 / $2Sq Ft809 / 780DOM81 / 13New0Total17
Multi-Family
Avg/Median Rent$2,250 / $2,250Range$2,250 – $2,250Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM1 / 1New1Total1
Single Family
Avg/Median Rent$1,905 / $1,795Range$1,395 – $2,599Rent per Sq Ft$2 / $2Sq Ft1,041 / 1,027DOM1 / 1New7Total11
Rentals by Bedroom Count
Studio
Avg:$1,305Median:$1,305Range:$1,305 – $1,305PSF:$3 / $3Sq Ft:450 / 450DOM:83 / 83New:0Total:1
1 Beds
Avg:$1,494Median:$1,495Range:$1,395 – $1,599PSF:$2 / $2Sq Ft:693 / 674DOM:59 / 1New:3Total:12
2 Beds
Avg:$1,709Median:$1,700Range:$1,450 – $1,925PSF:$2 / $2Sq Ft:970 / 985DOM:37 / 1New:3Total:12
3 Beds
Avg:$2,485Median:$2,495Range:$2,250 – $2,599PSF:$2 / $2Sq Ft:1,473 / 1,485DOM:1 / 1New:2Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,305 | $1,305 | $1,305 – $1,305 | $3 / $3 | 450 / 450 | 83 / 83 | 0 | 1 |
| 1 Beds | $1,494 | $1,495 | $1,395 – $1,599 | $2 / $2 | 693 / 674 | 59 / 1 | 3 | 12 |
| 2 Beds | $1,709 | $1,700 | $1,450 – $1,925 | $2 / $2 | 970 / 985 | 37 / 1 | 3 | 12 |
| 3 Beds | $2,485 | $2,495 | $2,250 – $2,599 | $2 / $2 | 1,473 / 1,485 | 1 / 1 | 2 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$390,000Median DOM:64New:10Total:55
Nov 2025
Median Price:$375,000Median DOM:71New:5Total:45
Dec 2025
Median Price:$390,000Median DOM:83New:5Total:41
Jan 2026
Median Price:$445,000Median DOM:72New:11Total:43
Feb 2026
Median Price:$459,900Median DOM:30New:14Total:46
Mar 2026
Median Price:$459,900Median DOM:37New:2Total:45
6-Month Rental Trend
Oct 2025
Median Rent:$1,650Median DOM:1New:11Total:25
Nov 2025
Median Rent:$1,595Median DOM:7New:7Total:23
Dec 2025
Median Rent:$1,550Median DOM:13New:9Total:21
Jan 2026
Median Rent:$1,695Median DOM:1New:11Total:26
Feb 2026
Median Rent:$1,595Median DOM:1New:17Total:30
Mar 2026
Median Rent:$1,599Median DOM:1New:8Total:29
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory tightened.
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