ZIP 97068 Housing Market Report
Portland Metro
Report period: March 2026
97068 Monthly Market Update – March 2026
ZIP 97068 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$835,000
+0.8%
Median DOM (Sales)
51
+4.1%
New Listings (Sales)
16
−63.6%
Median Rent
$2,075
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
48
−4.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (22 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($1,450,000 median)
Sales Market Overview
Median Price
$835,000
+0.8%
Median DOM
51
+4.1%
New Listings
16
−63.6%
Inventory
204
+6.3%
- Average Price: $1,020,540
- Median Price: $835,000
- Price Range: $130,000 – $7,500,000
- Price per Sq Ft (Avg/Median): $342 / $333
- Square Footage (Avg/Median): 2,806 / 2,901
- Square Footage Range: 723 – 7,685
- Days on Market (Avg/Median): 83 / 51
- Days on Market Range: 2 – 362
- New Listings: 16
- Total Listings: 204
Sales by Property Type
Condo
Avg/Median Price$334,248 / $349,900Range$134,500 – $445,000Price per Sq Ft$281 / $290Sq Ft1,199 / 1,161DOM85 / 67New1Total23
Land
Avg/Median Price$1,224,772 / $999,995Range$130,000 – $4,000,000Price per Sq Ft—Sq Ft—DOM122 / 37New0Total11
Manufactured
Avg/Median Price$425,000 / $425,000Range$425,000 – $425,000Price per Sq Ft$262 / $262Sq Ft1,620 / 1,620DOM—New0Total1
Multi-Family
Avg/Median Price$1,087,225 / $950,000Range$748,900 – $1,450,000Price per Sq Ft$303 / $245Sq Ft3,632 / 3,154DOM99 / 30New0Total4
Single Family
Avg/Median Price$1,169,129 / $950,000Range$399,000 – $7,500,000Price per Sq Ft$359 / $349Sq Ft3,147 / 3,155DOM83 / 53New12Total148
Townhouse
Avg/Median Price$542,643 / $487,824Range$399,000 – $897,500Price per Sq Ft$289 / $289Sq Ft1,909 / 1,724DOM60 / 22New3Total17
Sales by Bedroom Count
1 Beds
Avg:$256,633Median:$274,900Range:$210,000 – $285,000PSF:$310 / $318Sq Ft:825 / 865DOM:97 / 130New:0Total:3
2 Beds
Avg:$430,894Median:$399,900Range:$134,500 – $1,200,000PSF:$309 / $318Sq Ft:1,374 / 1,260DOM:70 / 41New:3Total:27
3 Beds
Avg:$781,116Median:$675,000Range:$337,500 – $2,598,000PSF:$351 / $334Sq Ft:2,239 / 2,006DOM:74 / 37New:5Total:56
4 Beds
Avg:$1,187,440Median:$925,000Range:$487,824 – $7,500,000PSF:$354 / $331Sq Ft:3,179 / 3,149DOM:83 / 49New:4Total:64
5 Beds
Avg:$1,367,930Median:$1,220,000Range:$660,000 – $3,200,000PSF:$342 / $351Sq Ft:3,973 / 3,694DOM:84 / 60New:3Total:34
6 Beds
Avg:$1,415,258Median:$1,391,290Range:$1,095,000 – $1,895,000PSF:$297 / $345Sq Ft:4,904 / 5,300DOM:145 / 61New:1Total:5
7 Beds
Avg:$1,450,000Median:$1,450,000Range:$1,450,000 – $1,450,000PSF:$370 / $370Sq Ft:3,918 / 3,918DOM:179 / 179New:0Total:1
8 Beds
Avg:$2,513,000Median:$1,200,000Range:$789,000 – $5,550,000PSF:$298 / $215Sq Ft:3,411 / 3,154DOM:137 / 110New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $256,633 | $274,900 | $210,000 – $285,000 | $310 / $318 | 825 / 865 | 97 / 130 | 0 | 3 |
| 2 Beds | $430,894 | $399,900 | $134,500 – $1,200,000 | $309 / $318 | 1,374 / 1,260 | 70 / 41 | 3 | 27 |
| 3 Beds | $781,116 | $675,000 | $337,500 – $2,598,000 | $351 / $334 | 2,239 / 2,006 | 74 / 37 | 5 | 56 |
| 4 Beds | $1,187,440 | $925,000 | $487,824 – $7,500,000 | $354 / $331 | 3,179 / 3,149 | 83 / 49 | 4 | 64 |
| 5 Beds | $1,367,930 | $1,220,000 | $660,000 – $3,200,000 | $342 / $351 | 3,973 / 3,694 | 84 / 60 | 3 | 34 |
| 6 Beds | $1,415,258 | $1,391,290 | $1,095,000 – $1,895,000 | $297 / $345 | 4,904 / 5,300 | 145 / 61 | 1 | 5 |
| 7 Beds | $1,450,000 | $1,450,000 | $1,450,000 – $1,450,000 | $370 / $370 | 3,918 / 3,918 | 179 / 179 | 0 | 1 |
| 8 Beds | $2,513,000 | $1,200,000 | $789,000 – $5,550,000 | $298 / $215 | 3,411 / 3,154 | 137 / 110 | 0 | 3 |
Rental Market Overview
Median Rent
$2,075
0.0%
Median DOM
1
0.0%
New Listings
23
Inventory
48
−4.0%
- Average Rent: $2,463
- Median Rent: $2,075
- Rent Range: $1,300 – $9,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,580 / 1,112
- Square Footage Range: 580 – 10,360
- Days on Market (Avg/Median): 32 / 1
- Days on Market Range: 1 – 362
- New Listings: 23
- Total Listings: 48
Rentals by Property Type
Apartment
$1,799
Median DOM: 82
Inventory: 15
MoM: 0.0%
Condo
$2,299
Median DOM: 1
Inventory: 3
MoM: 0.0%
Single Family
$2,775
Median DOM: 1
Inventory: 25
MoM: 0.0%
Townhouse
$1,995
Median DOM: 1
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$1,740 / $1,799Range$1,300 – $2,075Rent per Sq Ft$2 / $2Sq Ft898 / 924DOM120 / 82New2Total15
Condo
Avg/Median Rent$2,131 / $2,299Range$1,495 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,250 / 1,274DOM6 / 1New1Total3
Multi-Family
Avg/Median Rent$2,100 / $2,100Range$2,100 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,700 / 1,700DOM43 / 43New0Total1
Single Family
Avg/Median Rent$2,994 / $2,775Range$1,300 – $9,500Rent per Sq Ft$2 / $2Sq Ft2,037 / 1,436DOM2 / 1New17Total25
Townhouse
Avg/Median Rent$2,196 / $1,995Range$1,995 – $2,595Rent per Sq Ft$1 / $1Sq Ft1,467 / 1,400DOM1 / 1New3Total4
Rentals by Bedroom Count
1 Beds
Avg:$1,542Median:$1,399Range:$1,300 – $1,867PSF:$2 / $2Sq Ft:664 / 592DOM:70 / 1New:2Total:7
2 Beds
Avg:$1,785Median:$1,695Range:$1,395 – $2,349PSF:$2 / $2Sq Ft:931 / 924DOM:94 / 1New:4Total:12
3 Beds
Avg:$2,324Median:$2,200Range:$1,595 – $3,195PSF:$2 / $2Sq Ft:1,502 / 1,400DOM:8 / 1New:14Total:21
4 Beds
Avg:$3,370Median:$3,300Range:$2,775 – $4,099PSF:$2 / $1Sq Ft:2,224 / 2,239DOM:7 / 1New:2Total:6
5 Beds
Avg:$8,500Median:$7,500Range:$7,500 – $9,500PSF:$1 / $1Sq Ft:7,522 / 4,683DOM:1 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,542 | $1,399 | $1,300 – $1,867 | $2 / $2 | 664 / 592 | 70 / 1 | 2 | 7 |
| 2 Beds | $1,785 | $1,695 | $1,395 – $2,349 | $2 / $2 | 931 / 924 | 94 / 1 | 4 | 12 |
| 3 Beds | $2,324 | $2,200 | $1,595 – $3,195 | $2 / $2 | 1,502 / 1,400 | 8 / 1 | 14 | 21 |
| 4 Beds | $3,370 | $3,300 | $2,775 – $4,099 | $2 / $1 | 2,224 / 2,239 | 7 / 1 | 2 | 6 |
| 5 Beds | $8,500 | $7,500 | $7,500 – $9,500 | $1 / $1 | 7,522 / 4,683 | 1 / 1 | 1 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$849,900Median DOM:65New:54Total:258
Nov 2025
Median Price:$855,000Median DOM:74New:22Total:234
Dec 2025
Median Price:$869,900Median DOM:89New:18Total:200
Jan 2026
Median Price:$850,000Median DOM:87New:45Total:188
Feb 2026
Median Price:$828,000Median DOM:49New:44Total:192
Mar 2026
Median Price:$835,000Median DOM:51New:16Total:204
6-Month Rental Trend
Oct 2025
Median Rent:$2,395Median DOM:1New:36Total:69
Nov 2025
Median Rent:$2,299Median DOM:1New:31Total:62
Dec 2025
Median Rent:$2,250Median DOM:1New:30Total:56
Jan 2026
Median Rent:$2,075Median DOM:1New:26Total:54
Feb 2026
Median Rent:$2,075Median DOM:1New:27Total:50
Mar 2026
Median Rent:$2,075Median DOM:1New:23Total:48
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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.
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