ZIP 97027 Housing Market Report
Portland Metro
Report period: July 2026
97027 Monthly Market Update – July 2026
ZIP 97027 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$505,000
+1.0%
Median DOM (Sales)
36
+33.3%
New Listings (Sales)
1
−90.0%
Median Rent
$1,580
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
32
−3.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (18 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($625,000 median)
Sales Market Overview
Median Price
$505,000
+1.0%
Median DOM
36
+33.3%
New Listings
1
−90.0%
Inventory
39
−7.1%
- Average Price: $513,623
- Median Price: $505,000
- Price Range: $48,750 – $799,900
- Price per Sq Ft (Avg/Median): $305 / $295
- Square Footage (Avg/Median): 1,826 / 1,766
- Square Footage Range: 607 – 3,550
- Days on Market (Avg/Median): 51 / 36
- Days on Market Range: 2 – 176
- New Listings: 1
- Total Listings: 39
Sales by Property Type
Condo
Avg/Median Price$295,000 / $295,000Range$295,000 – $295,000Price per Sq Ft$287 / $287Sq Ft1,028 / 1,028DOM115 / 115New0Total1
Land
Avg/Median Price$487,500 / $475,000Range$475,000 – $500,000Price per Sq Ft—Sq Ft—DOM65 / 18New0Total2
Manufactured
Avg/Median Price$63,625 / $48,750Range$48,750 – $78,500Price per Sq Ft$85 / $54Sq Ft786 / 672DOM72 / 27New0Total2
Multi-Family
Avg/Median Price$644,950 / $600,000Range$600,000 – $689,900Price per Sq Ft$263 / $257Sq Ft2,460 / 2,240DOM104 / 32New0Total2
Single Family
Avg/Median Price$542,005 / $519,950Range$299,000 – $799,900Price per Sq Ft$322 / $311Sq Ft1,876 / 1,766DOM44 / 36New1Total32
Sales by Bedroom Count
1 Beds
Avg:$48,750Median:$48,750Range:$48,750 – $48,750PSF:$54 / $54Sq Ft:900 / 900DOM:116 / 116New:0Total:1
2 Beds
Avg:$360,929Median:$400,000Range:$78,500 – $530,000PSF:$367 / $346Sq Ft:1,028 / 864DOM:39 / 27New:0Total:7
3 Beds
Avg:$522,859Median:$495,000Range:$400,000 – $689,900PSF:$325 / $316Sq Ft:1,723 / 1,598DOM:43 / 32New:1Total:17
4 Beds
Avg:$629,728Median:$620,000Range:$519,950 – $799,900PSF:$269 / $276Sq Ft:2,423 / 2,320DOM:49 / 41New:0Total:9
5 Beds
Avg:$662,450Median:$625,000Range:$625,000 – $699,900PSF:$218 / $205Sq Ft:3,063 / 2,710DOM:65 / 37New:0Total:2
6 Beds
Avg:$600,000Median:$600,000Range:$600,000 – $600,000PSF:$268 / $268Sq Ft:2,240 / 2,240DOM:176 / 176New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $48,750 | $48,750 | $48,750 – $48,750 | $54 / $54 | 900 / 900 | 116 / 116 | 0 | 1 |
| 2 Beds | $360,929 | $400,000 | $78,500 – $530,000 | $367 / $346 | 1,028 / 864 | 39 / 27 | 0 | 7 |
| 3 Beds | $522,859 | $495,000 | $400,000 – $689,900 | $325 / $316 | 1,723 / 1,598 | 43 / 32 | 1 | 17 |
| 4 Beds | $629,728 | $620,000 | $519,950 – $799,900 | $269 / $276 | 2,423 / 2,320 | 49 / 41 | 0 | 9 |
| 5 Beds | $662,450 | $625,000 | $625,000 – $699,900 | $218 / $205 | 3,063 / 2,710 | 65 / 37 | 0 | 2 |
| 6 Beds | $600,000 | $600,000 | $600,000 – $600,000 | $268 / $268 | 2,240 / 2,240 | 176 / 176 | 0 | 1 |
Rental Market Overview
Median Rent
$1,580
0.0%
Median DOM
1
0.0%
New Listings
14
Inventory
32
−3.0%
- Average Rent: $1,736
- Median Rent: $1,580
- Rent Range: $1,325 – $3,295
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 874 / 775
- Square Footage Range: 354 – 2,400
- Days on Market (Avg/Median): 23 / 1
- Days on Market Range: 1 – 284
- New Listings: 14
- Total Listings: 32
Rentals by Property Type
Apartment
$1,495
Median DOM: 1
Inventory: 25
MoM: 0.0%
Condo
$1,695
Median DOM: 1
Inventory: 1
MoM: 0.0%
Single Family
$2,649
Median DOM: 1
Inventory: 5
MoM: 0.0%
Townhouse
$1,625
Median DOM: 218
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,552 / $1,495Range$1,325 – $1,895Rent per Sq Ft$2 / $2Sq Ft770 / 775DOM20 / 1New11Total25
Condo
Avg/Median Rent$1,695 / $1,695Range$1,695 – $1,695Rent per Sq Ft—Sq Ft—DOM1 / 1New0Total1
Single Family
Avg/Median Rent$2,688 / $2,649Range$2,300 – $3,295Rent per Sq Ft$2 / $2Sq Ft1,394 / 1,169DOM1 / 1New3Total5
Townhouse
Avg/Median Rent$1,625 / $1,625Range$1,625 – $1,625Rent per Sq Ft$2 / $2Sq Ft780 / 780DOM218 / 218New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,425Median:$1,425Range:$1,425 – $1,425PSF:$4 / $4Sq Ft:354 / 354DOM:—New:0Total:1
1 Beds
Avg:$1,497Median:$1,580Range:$1,325 – $1,585PSF:$2 / $2Sq Ft:696 / 760DOM:284 / 284New:0Total:3
2 Beds
Avg:$1,681Median:$1,525Range:$1,495 – $2,800PSF:$2 / $2Sq Ft:830 / 775DOM:13 / 1New:12Total:26
3 Beds
Avg:$2,972Median:$2,649Range:$2,649 – $3,295PSF:$2 / $1Sq Ft:1,930 / 1,459DOM:1 / 1New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,425 | $1,425 | $1,425 – $1,425 | $4 / $4 | 354 / 354 | — | 0 | 1 |
| 1 Beds | $1,497 | $1,580 | $1,325 – $1,585 | $2 / $2 | 696 / 760 | 284 / 284 | 0 | 3 |
| 2 Beds | $1,681 | $1,525 | $1,495 – $2,800 | $2 / $2 | 830 / 775 | 13 / 1 | 12 | 26 |
| 3 Beds | $2,972 | $2,649 | $2,649 – $3,295 | $2 / $1 | 1,930 / 1,459 | 1 / 1 | 2 | 2 |
6-Month Sales Trend
Feb 2026
Median Price:$525,000Median DOM:36New:10Total:45
Mar 2026
Median Price:$535,000Median DOM:29New:13Total:45
Apr 2026
Median Price:$525,000Median DOM:21New:19Total:49
May 2026
Median Price:$519,950Median DOM:18New:14Total:45
Jun 2026
Median Price:$500,000Median DOM:27New:10Total:42
Jul 2026
Median Price:$505,000Median DOM:36New:1Total:39
6-Month Rental Trend
Feb 2026
Median Rent:$1,950Median DOM:1New:9Total:29
Mar 2026
Median Rent:$1,850Median DOM:1New:4Total:26
Apr 2026
Median Rent:$1,580Median DOM:1New:15Total:30
May 2026
Median Rent:$1,585Median DOM:1New:12Total:29
Jun 2026
Median Rent:$1,580Median DOM:1New:18Total:33
Jul 2026
Median Rent:$1,580Median DOM:1New:14Total:32
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower 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.
970059700697007970089702497027970309703497035970609706297068970709720197202972039720497205972069720997210972119721297213972149721597216972179721897219+14 more
← Back to Portland Metro