ZIP 97070 Housing Market Report
Portland Metro
Report period: March 2026
97070 Monthly Market Update – March 2026
ZIP 97070 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$699,000
0.0%
Median DOM (Sales)
34
−30.6%
New Listings (Sales)
22
−52.2%
Median Rent
$2,395
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
59
−7.8%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Manufactured (9 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,411,990 median)
Sales Market Overview
Median Price
$699,000
0.0%
Median DOM
34
−30.6%
New Listings
22
−52.2%
Inventory
162
+1.9%
- Average Price: $909,308
- Median Price: $699,000
- Price Range: $105,900 – $6,600,000
- Price per Sq Ft (Avg/Median): $325 / $294
- Square Footage (Avg/Median): 2,478 / 2,284
- Square Footage Range: 964 – 12,254
- Days on Market (Avg/Median): 68 / 34
- Days on Market Range: 2 – 355
- New Listings: 22
- Total Listings: 162
Sales by Property Type
Condo
Avg/Median Price$363,065 / $344,999Range$239,500 – $615,000Price per Sq Ft$283 / $268Sq Ft1,278 / 1,140DOM98 / 61New1Total20
Land
Avg/Median Price$2,841,250 / $1,600,000Range$965,000 – $6,600,000Price per Sq Ft—Sq Ft—DOM144 / 186New0Total4
Manufactured
Avg/Median Price$105,900 / $105,900Range$105,900 – $105,900Price per Sq Ft$104 / $104Sq Ft1,022 / 1,022DOM9 / 9New1Total1
Single Family
Avg/Median Price$1,021,490 / $765,000Range$469,000 – $6,495,500Price per Sq Ft$335 / $296Sq Ft2,866 / 2,740DOM59 / 29New16Total109
Townhouse
Avg/Median Price$615,475 / $610,000Range$369,500 – $1,350,000Price per Sq Ft$322 / $297Sq Ft1,877 / 1,730DOM71 / 27New4Total28
Sales by Bedroom Count
2 Beds
Avg:$496,631Median:$425,000Range:$239,500 – $1,049,000PSF:$317 / $295Sq Ft:1,519 / 1,455DOM:97 / 81New:2Total:32
3 Beds
Avg:$691,572Median:$620,000Range:$105,900 – $3,500,000PSF:$325 / $297Sq Ft:2,056 / 1,937DOM:61 / 28New:9Total:51
4 Beds
Avg:$905,206Median:$759,556Range:$565,500 – $2,895,000PSF:$317 / $286Sq Ft:2,792 / 2,622DOM:60 / 29New:7Total:48
5 Beds
Avg:$1,244,724Median:$849,990Range:$599,990 – $6,495,500PSF:$309 / $286Sq Ft:3,663 / 3,065DOM:52 / 29New:3Total:23
6 Beds
Avg:$3,175,498Median:$1,411,990Range:$795,000 – $6,000,000PSF:$566 / $328Sq Ft:4,965 / 4,310DOM:35 / 12New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $496,631 | $425,000 | $239,500 – $1,049,000 | $317 / $295 | 1,519 / 1,455 | 97 / 81 | 2 | 32 |
| 3 Beds | $691,572 | $620,000 | $105,900 – $3,500,000 | $325 / $297 | 2,056 / 1,937 | 61 / 28 | 9 | 51 |
| 4 Beds | $905,206 | $759,556 | $565,500 – $2,895,000 | $317 / $286 | 2,792 / 2,622 | 60 / 29 | 7 | 48 |
| 5 Beds | $1,244,724 | $849,990 | $599,990 – $6,495,500 | $309 / $286 | 3,663 / 3,065 | 52 / 29 | 3 | 23 |
| 6 Beds | $3,175,498 | $1,411,990 | $795,000 – $6,000,000 | $566 / $328 | 4,965 / 4,310 | 35 / 12 | 1 | 4 |
Rental Market Overview
Median Rent
$2,395
−0.2%
Median DOM
1
0.0%
New Listings
17
Inventory
59
−7.8%
- Average Rent: $2,376
- Median Rent: $2,395
- Rent Range: $1,079 – $5,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,498 / 1,480
- Square Footage Range: 490 – 3,575
- Days on Market (Avg/Median): 34 / 1
- Days on Market Range: 1 – 306
- New Listings: 17
- Total Listings: 59
Rentals by Property Type
Apartment
$1,595
Median DOM: 59
Inventory: 23
MoM: −0.2%
Condo
$2,195
Median DOM: 1
Inventory: 3
MoM: −0.2%
Single Family
$2,950
Median DOM: 1
Inventory: 28
MoM: −0.2%
Townhouse
$2,400
Median DOM: 134
Inventory: 5
MoM: −0.2%
Apartment
Avg/Median Rent$1,606 / $1,595Range$1,079 – $2,295Rent per Sq Ft$2 / $2Sq Ft813 / 750DOM87 / 59New0Total23
Condo
Avg/Median Rent$2,148 / $2,195Range$2,050 – $2,199Rent per Sq Ft$2 / $2Sq Ft1,105 / 1,150DOM2 / 1New2Total3
Single Family
Avg/Median Rent$3,033 / $2,950Range$1,725 – $5,200Rent per Sq Ft$2 / $2Sq Ft2,032 / 1,932DOM4 / 1New14Total28
Townhouse
Avg/Median Rent$2,369 / $2,400Range$1,995 – $2,750Rent per Sq Ft$2 / $2Sq Ft1,479 / 1,480DOM115 / 134New1Total5
Rentals by Bedroom Count
Studio
Avg:$1,462Median:$1,325Range:$1,325 – $1,598PSF:$3 / $2Sq Ft:542 / 527DOM:306 / 306New:0Total:2
1 Beds
Avg:$1,635Median:$1,626Range:$1,307 – $2,243PSF:$2 / $2Sq Ft:719 / 706DOM:—New:0Total:9
2 Beds
Avg:$1,823Median:$1,725Range:$1,079 – $2,995PSF:$2 / $2Sq Ft:1,115 / 1,000DOM:46 / 1New:6Total:17
3 Beds
Avg:$2,640Median:$2,600Range:$1,995 – $3,200PSF:$2 / $2Sq Ft:1,702 / 1,560DOM:38 / 1New:3Total:16
4 Beds
Avg:$3,124Median:$2,950Range:$2,595 – $4,129PSF:$2 / $2Sq Ft:2,109 / 1,932DOM:1 / 1New:7Total:13
5 Beds
Avg:$4,350Median:$3,500Range:$3,500 – $5,200PSF:$1 / $1Sq Ft:3,032 / 2,895DOM:1 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,462 | $1,325 | $1,325 – $1,598 | $3 / $2 | 542 / 527 | 306 / 306 | 0 | 2 |
| 1 Beds | $1,635 | $1,626 | $1,307 – $2,243 | $2 / $2 | 719 / 706 | — | 0 | 9 |
| 2 Beds | $1,823 | $1,725 | $1,079 – $2,995 | $2 / $2 | 1,115 / 1,000 | 46 / 1 | 6 | 17 |
| 3 Beds | $2,640 | $2,600 | $1,995 – $3,200 | $2 / $2 | 1,702 / 1,560 | 38 / 1 | 3 | 16 |
| 4 Beds | $3,124 | $2,950 | $2,595 – $4,129 | $2 / $2 | 2,109 / 1,932 | 1 / 1 | 7 | 13 |
| 5 Beds | $4,350 | $3,500 | $3,500 – $5,200 | $1 / $1 | 3,032 / 2,895 | 1 / 1 | 1 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$699,000Median DOM:59New:41Total:219
Nov 2025
Median Price:$689,995Median DOM:77New:34Total:207
Dec 2025
Median Price:$689,995Median DOM:85New:13Total:175
Jan 2026
Median Price:$699,000Median DOM:75New:41Total:151
Feb 2026
Median Price:$699,000Median DOM:49New:46Total:159
Mar 2026
Median Price:$699,000Median DOM:34New:22Total:162
6-Month Rental Trend
Oct 2025
Median Rent:$2,474Median DOM:1New:33Total:65
Nov 2025
Median Rent:$2,295Median DOM:1New:29Total:64
Dec 2025
Median Rent:$2,299Median DOM:1New:36Total:63
Jan 2026
Median Rent:$2,395Median DOM:1New:28Total:59
Feb 2026
Median Rent:$2,400Median DOM:1New:29Total:64
Mar 2026
Median Rent:$2,395Median DOM:1New:17Total:59
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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