ZIP 97214 Housing Market Report
Portland Metro
Report period: March 2026
97214 Monthly Market Update – March 2026
ZIP 97214 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$699,000
+0.6%
Median DOM (Sales)
36
−30.8%
New Listings (Sales)
11
−47.6%
Median Rent
$1,499
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
326
−4.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (2 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($2,149,900 median)
Sales Market Overview
Median Price
$699,000
+0.6%
Median DOM
36
−30.8%
New Listings
11
−47.6%
Inventory
89
+6.0%
- Average Price: $810,794
- Median Price: $699,000
- Price Range: $224,998 – $3,250,000
- Price per Sq Ft (Avg/Median): $339 / $318
- Square Footage (Avg/Median): 2,678 / 2,400
- Square Footage Range: 589 – 10,928
- Days on Market (Avg/Median): 69 / 36
- Days on Market Range: 2 – 305
- New Listings: 11
- Total Listings: 89
Sales by Property Type
Condo
Avg/Median Price$367,497 / $355,000Range$224,998 – $649,900Price per Sq Ft$398 / $413Sq Ft957 / 810DOM82 / 57New2Total17
Land
Avg/Median Price$379,633 / $379,900Range$360,000 – $399,000Price per Sq Ft—Sq Ft—DOM2 / 2New0Total3
Multi-Family
Avg/Median Price$1,211,985 / $899,900Range$630,000 – $3,250,000Price per Sq Ft$356 / $292Sq Ft3,929 / 3,000DOM101 / 64New3Total27
Single Family
Avg/Median Price$766,380 / $699,000Range$349,999 – $1,590,000Price per Sq Ft$296 / $302Sq Ft2,663 / 2,430DOM43 / 11New6Total37
Townhouse
Avg/Median Price$738,940 / $699,900Range$419,900 – $1,170,000Price per Sq Ft$378 / $420Sq Ft2,133 / 1,666DOM62 / 64New0Total5
Sales by Bedroom Count
Studio
Avg:$231,000Median:$231,000Range:$231,000 – $231,000PSF:$369 / $369Sq Ft:626 / 626DOM:22 / 22New:0Total:1
1 Beds
Avg:$401,725Median:$315,000Range:$265,000 – $849,900PSF:$444 / $418Sq Ft:1,044 / 735DOM:99 / 96New:2Total:8
2 Beds
Avg:$604,302Median:$468,750Range:$224,998 – $1,590,000PSF:$395 / $342Sq Ft:1,981 / 1,264DOM:86 / 57New:1Total:18
3 Beds
Avg:$852,591Median:$695,000Range:$349,999 – $3,250,000PSF:$289 / $289Sq Ft:2,739 / 2,356DOM:65 / 34New:4Total:29
4 Beds
Avg:$936,079Median:$899,000Range:$450,000 – $1,495,000PSF:$317 / $308Sq Ft:3,303 / 2,789DOM:48 / 20New:1Total:19
5 Beds
Avg:$894,333Median:$779,000Range:$679,000 – $1,225,000PSF:$307 / $302Sq Ft:2,922 / 2,400DOM:112 / 25New:1Total:3
6 Beds
Avg:$1,251,400Median:$1,132,000Range:$865,000 – $1,675,000PSF:$371 / $347Sq Ft:3,419 / 2,928DOM:60 / 7New:2Total:5
7 Beds
Avg:$1,549,500Median:$1,250,000Range:$1,250,000 – $1,849,000PSF:$243 / $202Sq Ft:6,358 / 6,178DOM:56 / 54New:0Total:2
8 Beds
Avg:$2,149,900Median:$2,149,900Range:$2,149,900 – $2,149,900PSF:$434 / $434Sq Ft:4,956 / 4,956DOM:64 / 64New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $231,000 | $231,000 | $231,000 – $231,000 | $369 / $369 | 626 / 626 | 22 / 22 | 0 | 1 |
| 1 Beds | $401,725 | $315,000 | $265,000 – $849,900 | $444 / $418 | 1,044 / 735 | 99 / 96 | 2 | 8 |
| 2 Beds | $604,302 | $468,750 | $224,998 – $1,590,000 | $395 / $342 | 1,981 / 1,264 | 86 / 57 | 1 | 18 |
| 3 Beds | $852,591 | $695,000 | $349,999 – $3,250,000 | $289 / $289 | 2,739 / 2,356 | 65 / 34 | 4 | 29 |
| 4 Beds | $936,079 | $899,000 | $450,000 – $1,495,000 | $317 / $308 | 3,303 / 2,789 | 48 / 20 | 1 | 19 |
| 5 Beds | $894,333 | $779,000 | $679,000 – $1,225,000 | $307 / $302 | 2,922 / 2,400 | 112 / 25 | 1 | 3 |
| 6 Beds | $1,251,400 | $1,132,000 | $865,000 – $1,675,000 | $371 / $347 | 3,419 / 2,928 | 60 / 7 | 2 | 5 |
| 7 Beds | $1,549,500 | $1,250,000 | $1,250,000 – $1,849,000 | $243 / $202 | 6,358 / 6,178 | 56 / 54 | 0 | 2 |
| 8 Beds | $2,149,900 | $2,149,900 | $2,149,900 – $2,149,900 | $434 / $434 | 4,956 / 4,956 | 64 / 64 | 0 | 1 |
Rental Market Overview
Median Rent
$1,499
+0.3%
Median DOM
1
0.0%
New Listings
103
Inventory
326
−4.7%
- Average Rent: $1,779
- Median Rent: $1,499
- Rent Range: $810 – $9,527
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 719 / 620
- Square Footage Range: 280 – 2,749
- Days on Market (Avg/Median): 27 / 1
- Days on Market Range: 1 – 349
- New Listings: 103
- Total Listings: 326
Rentals by Property Type
Apartment
$1,495
Median DOM: 1
Inventory: 302
MoM: +0.3%
Condo
$1,595
Median DOM: 1
Inventory: 9
MoM: +0.3%
Single Family
$2,095
Median DOM: 1
Inventory: 7
MoM: +0.3%
Townhouse
$2,399
Median DOM: 1
Inventory: 5
MoM: +0.3%
Apartment
Avg/Median Rent$1,749 / $1,495Range$820 – $9,527Rent per Sq Ft$3 / $3Sq Ft694 / 603DOM29 / 1New91Total302
Condo
Avg/Median Rent$1,874 / $1,595Range$1,265 – $2,895Rent per Sq Ft$2 / $2Sq Ft842 / 775DOM9 / 1New6Total9
Multi-Family
Avg/Median Rent$1,858 / $1,850Range$1,750 – $1,975Rent per Sq Ft$3 / $2Sq Ft800 / 950DOM18 / 7New2Total3
Single Family
Avg/Median Rent$2,195 / $2,095Range$810 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,217 / 800DOM1 / 1New3Total7
Townhouse
Avg/Median Rent$2,749 / $2,399Range$1,950 – $4,250Rent per Sq Ft$2 / $2Sq Ft1,168 / 1,000DOM7 / 1New1Total5
Rentals by Bedroom Count
Studio
Avg:$1,310Median:$1,295Range:$820 – $2,499PSF:$3 / $3Sq Ft:469 / 445DOM:33 / 1New:30Total:84
1 Beds
Avg:$1,603Median:$1,499Range:$810 – $2,999PSF:$3 / $3Sq Ft:651 / 610DOM:20 / 1New:50Total:162
2 Beds
Avg:$2,228Median:$2,025Range:$1,195 – $3,823PSF:$2 / $2Sq Ft:1,010 / 900DOM:31 / 1New:20Total:67
3 Beds
Avg:$4,505Median:$3,400Range:$1,975 – $9,527PSF:$4 / $2Sq Ft:1,439 / 1,204DOM:66 / 16New:3Total:12
4 Beds
Avg:$6,882Median:$6,882Range:$6,882 – $6,882PSF:$3 / $3Sq Ft:2,292 / 2,292DOM:165 / 165New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,310 | $1,295 | $820 – $2,499 | $3 / $3 | 469 / 445 | 33 / 1 | 30 | 84 |
| 1 Beds | $1,603 | $1,499 | $810 – $2,999 | $3 / $3 | 651 / 610 | 20 / 1 | 50 | 162 |
| 2 Beds | $2,228 | $2,025 | $1,195 – $3,823 | $2 / $2 | 1,010 / 900 | 31 / 1 | 20 | 67 |
| 3 Beds | $4,505 | $3,400 | $1,975 – $9,527 | $4 / $2 | 1,439 / 1,204 | 66 / 16 | 3 | 12 |
| 4 Beds | $6,882 | $6,882 | $6,882 – $6,882 | $3 / $3 | 2,292 / 2,292 | 165 / 165 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$650,000Median DOM:36New:28Total:120
Nov 2025
Median Price:$690,000Median DOM:55New:15Total:106
Dec 2025
Median Price:$699,900Median DOM:87New:11Total:90
Jan 2026
Median Price:$699,000Median DOM:77New:18Total:83
Feb 2026
Median Price:$695,000Median DOM:52New:21Total:84
Mar 2026
Median Price:$699,000Median DOM:36New:11Total:89
6-Month Rental Trend
Oct 2025
Median Rent:$1,500Median DOM:13New:89Total:211
Nov 2025
Median Rent:$1,495Median DOM:17New:62Total:213
Dec 2025
Median Rent:$1,495Median DOM:1New:175Total:309
Jan 2026
Median Rent:$1,495Median DOM:1New:190Total:334
Feb 2026
Median Rent:$1,495Median DOM:1New:168Total:342
Mar 2026
Median Rent:$1,499Median DOM:1New:103Total:326
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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