ZIP 97236 Housing Market Report
Portland Metro
Report period: March 2026
97236 Monthly Market Update – March 2026
ZIP 97236 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$399,900
+0.4%
Median DOM (Sales)
56
−3.4%
New Listings (Sales)
16
−55.6%
Median Rent
$1,565
+1.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
175
−1.7%
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: Townhouse (11 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($719,000 median)
Sales Market Overview
Median Price
$399,900
+0.4%
Median DOM
56
−3.4%
New Listings
16
−55.6%
Inventory
178
+1.1%
- Average Price: $433,152
- Median Price: $399,900
- Price Range: $29,990 – $3,900,000
- Price per Sq Ft (Avg/Median): $244 / $251
- Square Footage (Avg/Median): 1,657 / 1,516
- Square Footage Range: 396 – 4,148
- Days on Market (Avg/Median): 89 / 56
- Days on Market Range: 1 – 342
- New Listings: 16
- Total Listings: 178
Sales by Property Type
Condo
Avg/Median Price$264,568 / $275,460Range$129,000 – $399,900Price per Sq Ft$252 / $232Sq Ft1,072 / 931DOM87 / 34New2Total20
Land
Avg/Median Price$369,096 / $183,000Range$79,000 – $1,395,000Price per Sq Ft—Sq Ft—DOM138 / 130New2Total17
Manufactured
Avg/Median Price$116,356 / $129,000Range$29,990 – $225,000Price per Sq Ft$94 / $89Sq Ft1,235 / 1,344DOM70 / 42New3Total34
Multi-Family
Avg/Median Price$1,675,633 / $685,000Range$399,900 – $3,900,000Price per Sq Ft$229 / $218Sq Ft2,635 / 2,340DOM126 / 85New0Total6
Single Family
Avg/Median Price$515,053 / $450,000Range$275,000 – $1,599,900Price per Sq Ft$294 / $280Sq Ft1,882 / 1,724DOM89 / 56New7Total97
Townhouse
Avg/Median Price$391,250 / $440,000Range$240,000 – $445,000Price per Sq Ft$237 / $244Sq Ft1,651 / 1,547DOM37 / 11New2Total4
Sales by Bedroom Count
1 Beds
Avg:$71,213Median:$45,000Range:$29,990 – $183,000PSF:$117 / $70Sq Ft:638 / 640DOM:136 / 42New:0Total:7
2 Beds
Avg:$261,736Median:$275,000Range:$39,950 – $899,000PSF:$247 / $220Sq Ft:1,053 / 861DOM:68 / 41New:2Total:26
3 Beds
Avg:$415,087Median:$399,900Range:$79,000 – $3,900,000PSF:$260 / $285Sq Ft:1,460 / 1,372DOM:78 / 37New:9Total:75
4 Beds
Avg:$496,764Median:$494,500Range:$134,985 – $849,900PSF:$232 / $245Sq Ft:2,156 / 1,854DOM:83 / 48New:3Total:40
5 Beds
Avg:$1,031,674Median:$645,000Range:$449,995 – $3,750,000PSF:$240 / $211Sq Ft:2,992 / 3,051DOM:149 / 93New:0Total:10
6 Beds
Avg:$742,475Median:$685,000Range:$685,000 – $799,950PSF:$251 / $208Sq Ft:3,087 / 2,326DOM:54 / 23New:0Total:2
8 Beds
Avg:$719,000Median:$719,000Range:$719,000 – $719,000PSF:$218 / $218Sq Ft:3,294 / 3,294DOM:142 / 142New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $71,213 | $45,000 | $29,990 – $183,000 | $117 / $70 | 638 / 640 | 136 / 42 | 0 | 7 |
| 2 Beds | $261,736 | $275,000 | $39,950 – $899,000 | $247 / $220 | 1,053 / 861 | 68 / 41 | 2 | 26 |
| 3 Beds | $415,087 | $399,900 | $79,000 – $3,900,000 | $260 / $285 | 1,460 / 1,372 | 78 / 37 | 9 | 75 |
| 4 Beds | $496,764 | $494,500 | $134,985 – $849,900 | $232 / $245 | 2,156 / 1,854 | 83 / 48 | 3 | 40 |
| 5 Beds | $1,031,674 | $645,000 | $449,995 – $3,750,000 | $240 / $211 | 2,992 / 3,051 | 149 / 93 | 0 | 10 |
| 6 Beds | $742,475 | $685,000 | $685,000 – $799,950 | $251 / $208 | 3,087 / 2,326 | 54 / 23 | 0 | 2 |
| 8 Beds | $719,000 | $719,000 | $719,000 – $719,000 | $218 / $218 | 3,294 / 3,294 | 142 / 142 | 0 | 1 |
Rental Market Overview
Median Rent
$1,565
+1.0%
Median DOM
1
0.0%
New Listings
66
Inventory
175
−1.7%
- Average Rent: $1,680
- Median Rent: $1,565
- Rent Range: $800 – $4,400
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,006 / 935
- Square Footage Range: 450 – 3,800
- Days on Market (Avg/Median): 31 / 1
- Days on Market Range: 1 – 327
- New Listings: 66
- Total Listings: 175
Rentals by Property Type
Apartment
$1,495
Median DOM: 1
Inventory: 129
MoM: +1.0%
Condo
$1,150
Median DOM: 1
Inventory: 6
MoM: +1.0%
Single Family
$2,350
Median DOM: 1
Inventory: 32
MoM: +1.0%
Townhouse
$2,100
Median DOM: 3
Inventory: 5
MoM: +1.0%
Apartment
Avg/Median Rent$1,518 / $1,495Range$800 – $2,395Rent per Sq Ft$2 / $2Sq Ft917 / 903DOM35 / 1New43Total129
Condo
Avg/Median Rent$1,307 / $1,150Range$1,100 – $1,795Rent per Sq Ft$2 / $2Sq Ft722 / 700DOM66 / 1New4Total6
Multi-Family
Avg/Median Rent$1,496 / $1,499Range$995 – $1,995Rent per Sq Ft$2 / $1Sq Ft984 / 824DOM13 / 1New1Total3
Single Family
Avg/Median Rent$2,299 / $2,350Range$1,300 – $4,350Rent per Sq Ft$2 / $2Sq Ft1,392 / 1,392DOM10 / 1New16Total32
Townhouse
Avg/Median Rent$2,459 / $2,100Range$1,650 – $4,400Rent per Sq Ft$2 / $2Sq Ft1,233 / 1,312DOM60 / 3New2Total5
Rentals by Bedroom Count
1 Beds
Avg:$1,246Median:$1,295Range:$945 – $1,680PSF:$2 / $2Sq Ft:702 / 700DOM:40 / 1New:9Total:34
2 Beds
Avg:$1,530Median:$1,515Range:$800 – $2,100PSF:$2 / $2Sq Ft:910 / 903DOM:34 / 1New:41Total:100
3 Beds
Avg:$2,290Median:$1,995Range:$1,595 – $4,400PSF:$2 / $2Sq Ft:1,369 / 1,200DOM:13 / 1New:10Total:29
4 Beds
Avg:$2,482Median:$2,445Range:$2,200 – $2,749PSF:$2 / $2Sq Ft:1,540 / 1,532DOM:25 / 1New:5Total:10
5 Beds
Avg:$3,049Median:$3,049Range:$3,049 – $3,049PSF:$2 / $2Sq Ft:1,774 / 1,774DOM:1 / 1New:1Total:1
6 Beds
Avg:$4,350Median:$4,350Range:$4,350 – $4,350PSF:$1 / $1Sq Ft:3,800 / 3,800DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,246 | $1,295 | $945 – $1,680 | $2 / $2 | 702 / 700 | 40 / 1 | 9 | 34 |
| 2 Beds | $1,530 | $1,515 | $800 – $2,100 | $2 / $2 | 910 / 903 | 34 / 1 | 41 | 100 |
| 3 Beds | $2,290 | $1,995 | $1,595 – $4,400 | $2 / $2 | 1,369 / 1,200 | 13 / 1 | 10 | 29 |
| 4 Beds | $2,482 | $2,445 | $2,200 – $2,749 | $2 / $2 | 1,540 / 1,532 | 25 / 1 | 5 | 10 |
| 5 Beds | $3,049 | $3,049 | $3,049 – $3,049 | $2 / $2 | 1,774 / 1,774 | 1 / 1 | 1 | 1 |
| 6 Beds | $4,350 | $4,350 | $4,350 – $4,350 | $1 / $1 | 3,800 / 3,800 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$400,000Median DOM:64New:46Total:201
Nov 2025
Median Price:$415,000Median DOM:64New:29Total:200
Dec 2025
Median Price:$409,900Median DOM:71New:19Total:169
Jan 2026
Median Price:$399,900Median DOM:73New:42Total:171
Feb 2026
Median Price:$398,500Median DOM:58New:36Total:176
Mar 2026
Median Price:$399,900Median DOM:56New:16Total:178
6-Month Rental Trend
Oct 2025
Median Rent:$1,625Median DOM:1New:65Total:143
Nov 2025
Median Rent:$1,595Median DOM:1New:69Total:152
Dec 2025
Median Rent:$1,550Median DOM:1New:107Total:190
Jan 2026
Median Rent:$1,525Median DOM:1New:92Total:194
Feb 2026
Median Rent:$1,550Median DOM:1New:81Total:178
Mar 2026
Median Rent:$1,565Median DOM:1New:66Total:175
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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