ZIP 97213 Housing Market Report

Portland Metro

Report period: March 2026

97213 Monthly Market Update – March 2026

ZIP 97213 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$499,900
+0.2%
Median DOM (Sales)
28
−17.6%
New Listings (Sales)
10
−70.6%
Median Rent
$1,495
−2.0%
Median DOM (Rental)
9
−30.8%
Total Rental Listings
124
−7.5%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (14 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 5 Beds ($899,999 median)

Sales Market Overview

Median Price
$499,900
+0.2%
Median DOM
28
−17.6%
New Listings
10
−70.6%
Inventory
132
+4.8%
  • Average Price: $592,294
  • Median Price: $499,900
  • Price Range: $184,900 – $3,349,900
  • Price per Sq Ft (Avg/Median): $333 / $325
  • Square Footage (Avg/Median): 1,875 / 1,632
  • Square Footage Range: 477 – 9,647
  • Days on Market (Avg/Median): 65 / 28
  • Days on Market Range: 2 – 357
  • New Listings: 10
  • Total Listings: 132

Sales by Property Type

Condo
Avg/Median Price$303,140 / $299,000Range$184,900 – $545,000Price per Sq Ft$371 / $369Sq Ft846 / 864DOM104 / 61New1Total20
Land
Avg/Median Price$320,000 / $320,000Range$320,000 – $320,000Price per Sq FtSq FtDOM272 / 272New0Total1
Multi-Family
Avg/Median Price$1,256,092 / $795,000Range$475,000 – $3,349,900Price per Sq Ft$328 / $320Sq Ft3,636 / 2,688DOM85 / 50New0Total12
Single Family
Avg/Median Price$581,777 / $549,900Range$199,000 – $1,399,900Price per Sq Ft$325 / $316Sq Ft1,905 / 1,886DOM52 / 14New8Total92
Townhouse
Avg/Median Price$457,629 / $419,900Range$379,900 – $729,000Price per Sq Ft$343 / $340Sq Ft1,392 / 1,177DOM69 / 50New1Total7

Sales by Bedroom Count

Studio
Avg:$192,000Median:$192,000Range:$192,000 – $192,000PSF:$403 / $403Sq Ft:477 / 477DOM:174 / 174New:0Total:1
1 Beds
Avg:$253,456Median:$250,000Range:$184,900 – $445,000PSF:$398 / $393Sq Ft:649 / 557DOM:61 / 29New:0Total:9
2 Beds
Avg:$413,262Median:$399,900Range:$199,000 – $579,000PSF:$382 / $369Sq Ft:1,172 / 985DOM:55 / 16New:2Total:32
3 Beds
Avg:$546,730Median:$519,900Range:$350,000 – $849,900PSF:$308 / $316Sq Ft:1,831 / 1,767DOM:66 / 28New:4Total:50
4 Beds
Avg:$688,265Median:$635,000Range:$389,900 – $1,399,900PSF:$307 / $304Sq Ft:2,245 / 2,280DOM:62 / 14New:4Total:29
5 Beds
Avg:$1,517,450Median:$899,999Range:$750,000 – $3,339,900PSF:$329 / $278Sq Ft:4,359 / 3,570DOM:28 / 20New:0Total:6
6 Beds
Avg:$799,500Median:$799,500Range:$799,500 – $799,500PSF:$265 / $265Sq Ft:3,014 / 3,014DOM:237 / 237New:0Total:1
7 Beds
Avg:$2,119,950Median:$890,000Range:$890,000 – $3,349,900PSF:$339 / $331Sq Ft:6,168 / 2,688DOM:160 / 102New:0Total:2
8 Beds
Avg:$725,000Median:$725,000Range:$725,000 – $725,000PSF:$200 / $200Sq Ft:3,617 / 3,617DOM:34 / 34New:0Total:1

Rental Market Overview

Median Rent
$1,495
−2.0%
Median DOM
9
−30.8%
New Listings
26
Inventory
124
−7.5%
  • Average Rent: $1,783
  • Median Rent: $1,495
  • Rent Range: $725 – $4,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 910 / 744
  • Square Footage Range: 285 – 4,100
  • Days on Market (Avg/Median): 59 / 9
  • Days on Market Range: 1 – 356
  • New Listings: 26
  • Total Listings: 124

Rentals by Property Type

Apartment
$1,300
Median DOM: 56
Inventory: 72
MoM: −2.0%
Condo
$1,625
Median DOM: 1
Inventory: 5
MoM: −2.0%
Single Family
$2,395
Median DOM: 1
Inventory: 41
MoM: −2.0%
Townhouse
$1,750
Median DOM: 52
Inventory: 3
MoM: −2.0%
Apartment
Avg/Median Rent$1,433 / $1,300Range$995 – $3,450Rent per Sq Ft$2 / $2Sq Ft664 / 600DOM86 / 56New10Total72
Condo
Avg/Median Rent$2,122 / $1,625Range$1,250 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,351 / 700DOM3 / 1New1Total5
Multi-Family
Avg/Median Rent$1,896 / $1,795Range$1,499 – $2,395Rent per Sq Ft$2 / $2Sq Ft812 / 832DOM8 / 1New1Total3
Single Family
Avg/Median Rent$2,318 / $2,395Range$725 – $4,995Rent per Sq Ft$2 / $2Sq Ft1,281 / 1,000DOM23 / 1New13Total41
Townhouse
Avg/Median Rent$2,200 / $1,750Range$1,750 – $3,100Rent per Sq Ft$2 / $2Sq Ft1,264 / 1,013DOM86 / 52New1Total3

Rentals by Bedroom Count

Studio
Avg:$1,141Median:$1,125Range:$999 – $1,295PSF:$3 / $3Sq Ft:441 / 438DOM:157 / 131New:1Total:12
1 Beds
Avg:$1,334Median:$1,299Range:$725 – $1,799PSF:$2 / $2Sq Ft:582 / 560DOM:69 / 28New:8Total:42
2 Beds
Avg:$1,797Median:$1,695Range:$1,195 – $3,450PSF:$2 / $2Sq Ft:905 / 850DOM:46 / 5New:12Total:51
3 Beds
Avg:$3,025Median:$2,850Range:$2,395 – $4,250PSF:$2 / $2Sq Ft:1,712 / 1,654DOM:10 / 1New:3Total:12
4 Beds
Avg:$3,154Median:$2,995Range:$1,842 – $4,995PSF:$2 / $1Sq Ft:1,853 / 1,810DOM:44 / 1New:2Total:6
6 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:$1 / $1Sq Ft:4,100 / 4,100DOM:12 / 12New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$499,900Median DOM:42New:48Total:186
Nov 2025
Median Price:$499,900Median DOM:53New:20Total:158
Dec 2025
Median Price:$499,000Median DOM:72New:12Total:116
Jan 2026
Median Price:$499,000Median DOM:71New:33Total:113
Feb 2026
Median Price:$498,888Median DOM:34New:34Total:126
Mar 2026
Median Price:$499,900Median DOM:28New:10Total:132

6-Month Rental Trend

Oct 2025
Median Rent:$1,495Median DOM:1New:74Total:155
Nov 2025
Median Rent:$1,595Median DOM:3New:67Total:158
Dec 2025
Median Rent:$1,595Median DOM:3New:66Total:162
Jan 2026
Median Rent:$1,550Median DOM:3New:53Total:146
Feb 2026
Median Rent:$1,525Median DOM:13New:45Total:134
Mar 2026
Median Rent:$1,495Median DOM:9New:26Total:124

Key Market Takeaways

Median sale prices moved higher 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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