ZIP 97266 Housing Market Report
Portland Metro
Report period: March 2026
97266 Monthly Market Update – March 2026
ZIP 97266 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$399,900
0.0%
Median DOM (Sales)
41
−24.1%
New Listings (Sales)
15
−55.9%
Median Rent
$1,742
+2.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
157
+1.9%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Manufactured (27 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($925,000 median)
Sales Market Overview
Median Price
$399,900
0.0%
Median DOM
41
−24.1%
New Listings
15
−55.9%
Inventory
157
+4.7%
- Average Price: $455,570
- Median Price: $399,900
- Price Range: $42,500 – $5,958,900
- Price per Sq Ft (Avg/Median): $289 / $285
- Square Footage (Avg/Median): 1,689 / 1,340
- Square Footage Range: 432 – 14,363
- Days on Market (Avg/Median): 83 / 41
- Days on Market Range: 2 – 348
- New Listings: 15
- Total Listings: 157
Sales by Property Type
Condo
Avg/Median Price$305,367 / $335,000Range$140,000 – $410,000Price per Sq Ft$258 / $242Sq Ft1,299 / 1,178DOM74 / 29New0Total9
Land
Avg/Median Price$317,597 / $220,000Range$79,900 – $860,000Price per Sq Ft—Sq Ft—DOM119 / 90New0Total17
Manufactured
Avg/Median Price$145,125 / $70,000Range$42,500 – $415,000Price per Sq Ft$141 / $88Sq Ft917 / 720DOM65 / 27New1Total8
Multi-Family
Avg/Median Price$1,518,975 / $698,000Range$550,000 – $5,958,900Price per Sq Ft$268 / $227Sq Ft4,888 / 3,238DOM139 / 83New0Total8
Single Family
Avg/Median Price$448,934 / $415,000Range$249,900 – $840,000Price per Sq Ft$305 / $298Sq Ft1,603 / 1,432DOM77 / 35New13Total101
Townhouse
Avg/Median Price$337,279 / $344,900Range$164,700 – $434,900Price per Sq Ft$297 / $294Sq Ft1,172 / 1,052DOM75 / 88New1Total14
Sales by Bedroom Count
1 Beds
Avg:$72,250Median:$69,500Range:$69,500 – $75,000PSF:$145 / $116Sq Ft:516 / 432DOM:120 / 57New:0Total:2
2 Beds
Avg:$312,247Median:$324,900Range:$42,500 – $460,000PSF:$331 / $320Sq Ft:972 / 894DOM:88 / 64New:2Total:32
3 Beds
Avg:$401,508Median:$395,000Range:$70,000 – $750,000PSF:$295 / $305Sq Ft:1,431 / 1,274DOM:64 / 29New:9Total:65
4 Beds
Avg:$569,049Median:$514,500Range:$385,000 – $1,819,900PSF:$257 / $264Sq Ft:2,216 / 2,033DOM:73 / 24New:4Total:23
5 Beds
Avg:$1,100,444Median:$609,990Range:$430,000 – $5,958,900PSF:$274 / $267Sq Ft:3,466 / 2,301DOM:112 / 54New:0Total:11
6 Beds
Avg:$628,817Median:$550,000Range:$425,000 – $975,000PSF:$216 / $227Sq Ft:2,987 / 2,424DOM:145 / 126New:0Total:6
8 Beds
Avg:$925,000Median:$925,000Range:$925,000 – $925,000PSF:$218 / $218Sq Ft:4,252 / 4,252DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $72,250 | $69,500 | $69,500 – $75,000 | $145 / $116 | 516 / 432 | 120 / 57 | 0 | 2 |
| 2 Beds | $312,247 | $324,900 | $42,500 – $460,000 | $331 / $320 | 972 / 894 | 88 / 64 | 2 | 32 |
| 3 Beds | $401,508 | $395,000 | $70,000 – $750,000 | $295 / $305 | 1,431 / 1,274 | 64 / 29 | 9 | 65 |
| 4 Beds | $569,049 | $514,500 | $385,000 – $1,819,900 | $257 / $264 | 2,216 / 2,033 | 73 / 24 | 4 | 23 |
| 5 Beds | $1,100,444 | $609,990 | $430,000 – $5,958,900 | $274 / $267 | 3,466 / 2,301 | 112 / 54 | 0 | 11 |
| 6 Beds | $628,817 | $550,000 | $425,000 – $975,000 | $216 / $227 | 2,987 / 2,424 | 145 / 126 | 0 | 6 |
| 8 Beds | $925,000 | $925,000 | $925,000 – $925,000 | $218 / $218 | 4,252 / 4,252 | — | 0 | 1 |
Rental Market Overview
Median Rent
$1,742
+2.8%
Median DOM
1
0.0%
New Listings
62
Inventory
157
+1.9%
- Average Rent: $1,851
- Median Rent: $1,742
- Rent Range: $950 – $3,950
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,010 / 951
- Square Footage Range: 371 – 2,100
- Days on Market (Avg/Median): 29 / 1
- Days on Market Range: 1 – 352
- New Listings: 62
- Total Listings: 157
Rentals by Property Type
Apartment
$1,585
Median DOM: 1
Inventory: 94
MoM: +2.8%
Condo
$1,650
Median DOM: 1
Inventory: 5
MoM: +2.8%
Single Family
$2,395
Median DOM: 1
Inventory: 51
MoM: +2.8%
Townhouse
$1,895
Median DOM: 1
Inventory: 6
MoM: +2.8%
Apartment
Avg/Median Rent$1,590 / $1,585Range$950 – $2,495Rent per Sq Ft$2 / $2Sq Ft865 / 900DOM47 / 1New28Total94
Condo
Avg/Median Rent$1,479 / $1,650Range$1,150 – $1,650Rent per Sq Ft$2 / $2Sq Ft848 / 1,011DOM1 / 1New2Total5
Multi-Family
Avg/Median Rent$2,295 / $2,295Range$2,295 – $2,295Rent per Sq Ft$2 / $2Sq Ft1,316 / 1,316DOM1 / 1New0Total1
Single Family
Avg/Median Rent$2,339 / $2,395Range$999 – $3,950Rent per Sq Ft$2 / $2Sq Ft1,258 / 1,336DOM5 / 1New29Total51
Townhouse
Avg/Median Rent$2,047 / $1,895Range$1,695 – $2,599Rent per Sq Ft$2 / $2Sq Ft1,221 / 1,024DOM11 / 1New3Total6
Rentals by Bedroom Count
Studio
Avg:$1,082Median:$999Range:$950 – $1,450PSF:$3 / $3Sq Ft:422 / 448DOM:67 / 1New:3Total:6
1 Beds
Avg:$1,338Median:$1,350Range:$1,099 – $1,775PSF:$2 / $2Sq Ft:635 / 636DOM:38 / 1New:9Total:20
2 Beds
Avg:$1,603Median:$1,597Range:$1,100 – $2,199PSF:$2 / $2Sq Ft:885 / 950DOM:46 / 1New:18Total:69
3 Beds
Avg:$2,273Median:$2,295Range:$1,850 – $2,795PSF:$2 / $2Sq Ft:1,253 / 1,300DOM:5 / 1New:26Total:50
4 Beds
Avg:$2,657Median:$2,749Range:$2,395 – $2,850PSF:$2 / $2Sq Ft:1,598 / 1,500DOM:11 / 1New:5Total:11
5 Beds
Avg:$3,950Median:$3,950Range:$3,950 – $3,950PSF:$2 / $2Sq Ft:1,884 / 1,884DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,082 | $999 | $950 – $1,450 | $3 / $3 | 422 / 448 | 67 / 1 | 3 | 6 |
| 1 Beds | $1,338 | $1,350 | $1,099 – $1,775 | $2 / $2 | 635 / 636 | 38 / 1 | 9 | 20 |
| 2 Beds | $1,603 | $1,597 | $1,100 – $2,199 | $2 / $2 | 885 / 950 | 46 / 1 | 18 | 69 |
| 3 Beds | $2,273 | $2,295 | $1,850 – $2,795 | $2 / $2 | 1,253 / 1,300 | 5 / 1 | 26 | 50 |
| 4 Beds | $2,657 | $2,749 | $2,395 – $2,850 | $2 / $2 | 1,598 / 1,500 | 11 / 1 | 5 | 11 |
| 5 Beds | $3,950 | $3,950 | $3,950 – $3,950 | $2 / $2 | 1,884 / 1,884 | 1 / 1 | 1 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$410,000Median DOM:72New:27Total:197
Nov 2025
Median Price:$399,900Median DOM:80New:28Total:181
Dec 2025
Median Price:$397,500Median DOM:80New:27Total:170
Jan 2026
Median Price:$399,900Median DOM:73New:24Total:153
Feb 2026
Median Price:$399,900Median DOM:54New:34Total:150
Mar 2026
Median Price:$399,900Median DOM:41New:15Total:157
6-Month Rental Trend
Oct 2025
Median Rent:$1,700Median DOM:1New:56Total:112
Nov 2025
Median Rent:$1,750Median DOM:1New:47Total:102
Dec 2025
Median Rent:$1,750Median DOM:1New:78Total:125
Jan 2026
Median Rent:$1,695Median DOM:1New:83Total:139
Feb 2026
Median Rent:$1,695Median DOM:1New:82Total:154
Mar 2026
Median Rent:$1,742Median DOM:1New:62Total:157
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.
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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