ZIP 97027 Housing Market Report
Portland Metro
Report period: March 2026
97027 Monthly Market Update – March 2026
ZIP 97027 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$525,000
0.0%
Median DOM (Sales)
28
−22.2%
New Listings (Sales)
4
−60.0%
Median Rent
$1,950
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
30
+3.4%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (10 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 6 Beds ($600,000 median)
Sales Market Overview
Median Price
$525,000
0.0%
Median DOM
28
−22.2%
New Listings
4
−60.0%
Inventory
47
+4.4%
- Average Price: $483,874
- Median Price: $525,000
- Price Range: $6,700 – $1,100,000
- Price per Sq Ft (Avg/Median): $275 / $281
- Square Footage (Avg/Median): 1,798 / 1,639
- Square Footage Range: 532 – 4,352
- Days on Market (Avg/Median): 54 / 28
- Days on Market Range: 1 – 335
- New Listings: 4
- Total Listings: 47
Sales by Property Type
Condo
Avg/Median Price$413,900 / $399,900Range$379,900 – $499,900Price per Sq Ft$308 / $288Sq Ft1,365 / 1,353DOM54 / 34New0Total5
Land
Avg/Median Price$475,000 / $475,000Range$475,000 – $475,000Price per Sq Ft—Sq Ft—DOM28 / 28New0Total1
Manufactured
Avg/Median Price$54,000 / $57,500Range$6,700 – $75,900Price per Sq Ft$76 / $64Sq Ft694 / 672DOM54 / 10New0Total4
Multi-Family
Avg/Median Price$539,500 / $479,000Range$479,000 – $600,000Price per Sq Ft$268 / $268Sq Ft2,240 / 2,240DOM53 / 50New0Total2
Single Family
Avg/Median Price$540,074 / $550,000Range$199,000 – $1,100,000Price per Sq Ft$294 / $287Sq Ft1,973 / 1,969DOM55 / 26New4Total35
Sales by Bedroom Count
1 Beds
Avg:$32,100Median:$6,700Range:$6,700 – $57,500PSF:$38 / $13Sq Ft:716 / 532DOM:103 / 54New:0Total:2
2 Beds
Avg:$319,814Median:$299,000Range:$75,900 – $575,000PSF:$274 / $304Sq Ft:1,111 / 1,098DOM:59 / 10New:0Total:7
3 Beds
Avg:$478,035Median:$450,000Range:$379,900 – $649,900PSF:$324 / $312Sq Ft:1,528 / 1,354DOM:34 / 17New:3Total:20
4 Beds
Avg:$626,967Median:$575,000Range:$489,900 – $1,100,000PSF:$259 / $257Sq Ft:2,437 / 2,291DOM:56 / 52New:1Total:12
5 Beds
Avg:$569,972Median:$585,000Range:$419,900 – $675,000PSF:$218 / $205Sq Ft:2,792 / 2,249DOM:121 / 134New:0Total:4
6 Beds
Avg:$600,000Median:$600,000Range:$600,000 – $600,000PSF:$268 / $268Sq Ft:2,240 / 2,240DOM:55 / 55New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $32,100 | $6,700 | $6,700 – $57,500 | $38 / $13 | 716 / 532 | 103 / 54 | 0 | 2 |
| 2 Beds | $319,814 | $299,000 | $75,900 – $575,000 | $274 / $304 | 1,111 / 1,098 | 59 / 10 | 0 | 7 |
| 3 Beds | $478,035 | $450,000 | $379,900 – $649,900 | $324 / $312 | 1,528 / 1,354 | 34 / 17 | 3 | 20 |
| 4 Beds | $626,967 | $575,000 | $489,900 – $1,100,000 | $259 / $257 | 2,437 / 2,291 | 56 / 52 | 1 | 12 |
| 5 Beds | $569,972 | $585,000 | $419,900 – $675,000 | $218 / $205 | 2,792 / 2,249 | 121 / 134 | 0 | 4 |
| 6 Beds | $600,000 | $600,000 | $600,000 – $600,000 | $268 / $268 | 2,240 / 2,240 | 55 / 55 | 0 | 1 |
Rental Market Overview
Median Rent
$1,950
0.0%
Median DOM
1
0.0%
New Listings
3
Inventory
30
+3.4%
- Average Rent: $2,106
- Median Rent: $1,950
- Rent Range: $1,395 – $3,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,146 / 1,164
- Square Footage Range: 354 – 2,168
- Days on Market (Avg/Median): 49 / 1
- Days on Market Range: 1 – 292
- New Listings: 3
- Total Listings: 30
Rentals by Property Type
Apartment
$1,585
Median DOM: 154
Inventory: 13
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$2,499
Median DOM: 1
Inventory: 16
MoM: 0.0%
Townhouse
$2,095
Median DOM: 1
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,669 / $1,585Range$1,395 – $2,495Rent per Sq Ft$2 / $2Sq Ft891 / 800DOM164 / 154New0Total13
Single Family
Avg/Median Rent$2,461 / $2,499Range$1,395 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,339 / 1,285DOM7 / 1New3Total16
Townhouse
Avg/Median Rent$2,095 / $2,095Range$2,095 – $2,095Rent per Sq Ft$2 / $2Sq Ft1,376 / 1,376DOM1 / 1New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,425Median:$1,425Range:$1,425 – $1,425PSF:$4 / $4Sq Ft:354 / 354DOM:286 / 286New:0Total:1
1 Beds
Avg:$1,492Median:$1,400Range:$1,395 – $1,590PSF:$2 / $2Sq Ft:722 / 680DOM:292 / 292New:0Total:4
2 Beds
Avg:$1,700Median:$1,595Range:$1,395 – $2,500PSF:$2 / $2Sq Ft:903 / 825DOM:58 / 29New:0Total:10
3 Beds
Avg:$2,499Median:$2,495Range:$1,950 – $3,359PSF:$2 / $2Sq Ft:1,335 / 1,285DOM:7 / 1New:1Total:9
4 Beds
Avg:$2,713Median:$2,595Range:$2,295 – $3,500PSF:$2 / $2Sq Ft:1,682 / 1,500DOM:9 / 1New:2Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,425 | $1,425 | $1,425 – $1,425 | $4 / $4 | 354 / 354 | 286 / 286 | 0 | 1 |
| 1 Beds | $1,492 | $1,400 | $1,395 – $1,590 | $2 / $2 | 722 / 680 | 292 / 292 | 0 | 4 |
| 2 Beds | $1,700 | $1,595 | $1,395 – $2,500 | $2 / $2 | 903 / 825 | 58 / 29 | 0 | 10 |
| 3 Beds | $2,499 | $2,495 | $1,950 – $3,359 | $2 / $2 | 1,335 / 1,285 | 7 / 1 | 1 | 9 |
| 4 Beds | $2,713 | $2,595 | $2,295 – $3,500 | $2 / $2 | 1,682 / 1,500 | 9 / 1 | 2 | 6 |
6-Month Sales Trend
Oct 2025
Median Price:$559,960Median DOM:44New:8Total:44
Nov 2025
Median Price:$549,000Median DOM:47New:13Total:45
Dec 2025
Median Price:$539,000Median DOM:51New:6Total:42
Jan 2026
Median Price:$479,000Median DOM:51New:15Total:42
Feb 2026
Median Price:$525,000Median DOM:36New:10Total:45
Mar 2026
Median Price:$525,000Median DOM:28New:4Total:47
6-Month Rental Trend
Oct 2025
Median Rent:$1,595Median DOM:16New:10Total:21
Nov 2025
Median Rent:$1,750Median DOM:1New:11Total:25
Dec 2025
Median Rent:$1,745Median DOM:15New:11Total:25
Jan 2026
Median Rent:$1,795Median DOM:16New:10Total:28
Feb 2026
Median Rent:$1,950Median DOM:1New:9Total:29
Mar 2026
Median Rent:$1,950Median DOM:1New:3Total:30
Key Market Takeaways
Median sale prices held steady 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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