ZIP 97211 Housing Market Report
Portland Metro
Report period: March 2026
97211 Monthly Market Update – March 2026
ZIP 97211 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$550,000
0.0%
Median DOM (Sales)
29
−44.2%
New Listings (Sales)
12
−67.6%
Median Rent
$2,195
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
119
−4.8%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (19 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 7 Beds ($9,599,900 median)
Sales Market Overview
Median Price
$550,000
0.0%
Median DOM
29
−44.2%
New Listings
12
−67.6%
Inventory
152
−0.7%
- Average Price: $654,079
- Median Price: $550,000
- Price Range: $44,999 – $9,599,900
- Price per Sq Ft (Avg/Median): $322 / $309
- Square Footage (Avg/Median): 1,928 / 1,970
- Square Footage Range: 531 – 6,408
- Days on Market (Avg/Median): 78 / 29
- Days on Market Range: 3 – 334
- New Listings: 12
- Total Listings: 152
Sales by Property Type
Condo
Avg/Median Price$400,334 / $399,900Range$209,000 – $699,900Price per Sq Ft$394 / $380Sq Ft1,058 / 1,020DOM117 / 85New2Total28
Land
Avg/Median Price$665,980 / $479,900Range$225,000 – $1,750,000Price per Sq Ft—Sq Ft—DOM72 / 72New0Total5
Manufactured
Avg/Median Price$182,500 / $44,999Range$44,999 – $320,000Price per Sq Ft$159 / $49Sq Ft1,056 / 924DOM89 / 70New0Total2
Multi-Family
Avg/Median Price$2,327,300 / $869,900Range$520,000 – $9,599,900Price per Sq Ft$310 / $251Sq Ft3,384 / 2,258DOM103 / 58New1Total7
Single Family
Avg/Median Price$637,064 / $625,000Range$99,000 – $1,299,500Price per Sq Ft$301 / $295Sq Ft2,160 / 2,189DOM67 / 19New8Total98
Townhouse
Avg/Median Price$482,700 / $425,000Range$369,900 – $799,900Price per Sq Ft$356 / $341Sq Ft1,476 / 1,048DOM62 / 31New1Total12
Sales by Bedroom Count
1 Beds
Avg:$315,400Median:$299,000Range:$175,000 – $595,000PSF:$394 / $453Sq Ft:918 / 633DOM:76 / 39New:0Total:5
2 Beds
Avg:$427,379Median:$419,900Range:$44,999 – $765,000PSF:$351 / $372Sq Ft:1,294 / 1,070DOM:104 / 75New:2Total:51
3 Beds
Avg:$599,247Median:$599,000Range:$265,000 – $949,000PSF:$299 / $284Sq Ft:2,063 / 2,058DOM:70 / 18New:4Total:48
4 Beds
Avg:$789,380Median:$735,000Range:$520,000 – $2,579,900PSF:$304 / $292Sq Ft:2,581 / 2,456DOM:55 / 18New:5Total:30
5 Beds
Avg:$901,910Median:$775,000Range:$560,000 – $1,439,900PSF:$322 / $296Sq Ft:2,785 / 2,672DOM:46 / 18New:1Total:10
6 Beds
Avg:$826,250Median:$732,500Range:$732,500 – $919,999PSF:$251 / $231Sq Ft:3,287 / 3,168DOM:118 / 14New:0Total:2
7 Beds
Avg:$9,599,900Median:$9,599,900Range:$9,599,900 – $9,599,900PSF:—Sq Ft:—DOM:217 / 217New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $315,400 | $299,000 | $175,000 – $595,000 | $394 / $453 | 918 / 633 | 76 / 39 | 0 | 5 |
| 2 Beds | $427,379 | $419,900 | $44,999 – $765,000 | $351 / $372 | 1,294 / 1,070 | 104 / 75 | 2 | 51 |
| 3 Beds | $599,247 | $599,000 | $265,000 – $949,000 | $299 / $284 | 2,063 / 2,058 | 70 / 18 | 4 | 48 |
| 4 Beds | $789,380 | $735,000 | $520,000 – $2,579,900 | $304 / $292 | 2,581 / 2,456 | 55 / 18 | 5 | 30 |
| 5 Beds | $901,910 | $775,000 | $560,000 – $1,439,900 | $322 / $296 | 2,785 / 2,672 | 46 / 18 | 1 | 10 |
| 6 Beds | $826,250 | $732,500 | $732,500 – $919,999 | $251 / $231 | 3,287 / 3,168 | 118 / 14 | 0 | 2 |
| 7 Beds | $9,599,900 | $9,599,900 | $9,599,900 – $9,599,900 | — | — | 217 / 217 | 0 | 1 |
Rental Market Overview
Median Rent
$2,195
0.0%
Median DOM
1
0.0%
New Listings
27
Inventory
119
−4.8%
- Average Rent: $2,365
- Median Rent: $2,195
- Rent Range: $850 – $8,356
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,156 / 900
- Square Footage Range: 320 – 3,437
- Days on Market (Avg/Median): 42 / 1
- Days on Market Range: 1 – 287
- New Listings: 27
- Total Listings: 119
Rentals by Property Type
Apartment
$1,419
Median DOM: 32
Inventory: 49
MoM: 0.0%
Condo
$1,425
Median DOM: 1
Inventory: 14
MoM: 0.0%
Single Family
$2,899
Median DOM: 1
Inventory: 46
MoM: 0.0%
Townhouse
$2,695
Median DOM: 2
Inventory: 9
MoM: 0.0%
Apartment
Avg/Median Rent$1,733 / $1,419Range$850 – $7,428Rent per Sq Ft$2 / $2Sq Ft707 / 600DOM78 / 32New5Total49
Condo
Avg/Median Rent$2,061 / $1,425Range$995 – $4,175Rent per Sq Ft$2 / $2Sq Ft866 / 713DOM14 / 1New3Total14
Multi-Family
Avg/Median Rent$1,599 / $1,599Range$1,599 – $1,599Rent per Sq Ft$3 / $3Sq Ft518 / 518DOM1 / 1New1Total1
Single Family
Avg/Median Rent$2,923 / $2,899Range$1,195 – $4,450Rent per Sq Ft$2 / $2Sq Ft1,682 / 1,696DOM16 / 1New16Total46
Townhouse
Avg/Median Rent$3,507 / $2,695Range$1,200 – $8,356Rent per Sq Ft$3 / $3Sq Ft1,277 / 1,316DOM39 / 2New2Total9
Rentals by Bedroom Count
Studio
Avg:$1,187Median:$1,095Range:$850 – $2,200PSF:$3 / $3Sq Ft:405 / 382DOM:109 / 111New:1Total:16
1 Beds
Avg:$1,495Median:$1,395Range:$995 – $2,500PSF:$2 / $2Sq Ft:636 / 556DOM:23 / 1New:7Total:29
2 Beds
Avg:$2,134Median:$2,000Range:$1,275 – $4,000PSF:$2 / $2Sq Ft:1,015 / 900DOM:37 / 1New:8Total:30
3 Beds
Avg:$3,273Median:$2,925Range:$1,495 – $7,428PSF:$2 / $2Sq Ft:1,669 / 1,654DOM:40 / 1New:5Total:28
4 Beds
Avg:$3,989Median:$3,380Range:$2,595 – $8,356PSF:$2 / $2Sq Ft:1,939 / 1,952DOM:32 / 1New:6Total:12
5 Beds
Avg:$3,682Median:$3,795Range:$3,400 – $3,850PSF:$1 / $1Sq Ft:2,896 / 3,000DOM:22 / 1New:0Total:3
6 Beds
Avg:$4,450Median:$4,450Range:$4,450 – $4,450PSF:$2 / $2Sq Ft:2,576 / 2,576DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,187 | $1,095 | $850 – $2,200 | $3 / $3 | 405 / 382 | 109 / 111 | 1 | 16 |
| 1 Beds | $1,495 | $1,395 | $995 – $2,500 | $2 / $2 | 636 / 556 | 23 / 1 | 7 | 29 |
| 2 Beds | $2,134 | $2,000 | $1,275 – $4,000 | $2 / $2 | 1,015 / 900 | 37 / 1 | 8 | 30 |
| 3 Beds | $3,273 | $2,925 | $1,495 – $7,428 | $2 / $2 | 1,669 / 1,654 | 40 / 1 | 5 | 28 |
| 4 Beds | $3,989 | $3,380 | $2,595 – $8,356 | $2 / $2 | 1,939 / 1,952 | 32 / 1 | 6 | 12 |
| 5 Beds | $3,682 | $3,795 | $3,400 – $3,850 | $1 / $1 | 2,896 / 3,000 | 22 / 1 | 0 | 3 |
| 6 Beds | $4,450 | $4,450 | $4,450 – $4,450 | $2 / $2 | 2,576 / 2,576 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$549,999Median DOM:54New:36Total:195
Nov 2025
Median Price:$549,000Median DOM:59New:27Total:163
Dec 2025
Median Price:$495,000Median DOM:75New:19Total:142
Jan 2026
Median Price:$489,999Median DOM:84New:26Total:140
Feb 2026
Median Price:$550,000Median DOM:52New:37Total:153
Mar 2026
Median Price:$550,000Median DOM:29New:12Total:152
6-Month Rental Trend
Oct 2025
Median Rent:$1,995Median DOM:1New:60Total:140
Nov 2025
Median Rent:$1,995Median DOM:1New:58Total:127
Dec 2025
Median Rent:$1,995Median DOM:1New:61Total:121
Jan 2026
Median Rent:$1,895Median DOM:1New:56Total:125
Feb 2026
Median Rent:$2,195Median DOM:1New:45Total:125
Mar 2026
Median Rent:$2,195Median DOM:1New:27Total:119
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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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