ZIP 97035 Housing Market Report
Portland Metro
Report period: August 2026
97035 Monthly Market Update – August 2026
ZIP 97035 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$820,000
+2.5%
Median DOM (Sales)
53
+6.0%
New Listings (Sales)
16
−67.3%
Median Rent
$2,110
−0.2%
Median DOM (Rental)
1
0.0%
Total Rental Listings
251
+0.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (2 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,695,000 median)
Sales Market Overview
Median Price
$820,000
+2.5%
Median DOM
53
+6.0%
New Listings
16
−67.3%
Inventory
265
+2.7%
- Average Price: $1,035,994
- Median Price: $820,000
- Price Range: $174,500 – $6,999,999
- Price per Sq Ft (Avg/Median): $389 / $351
- Square Footage (Avg/Median): 2,458 / 2,335
- Square Footage Range: 617 – 6,442
- Days on Market (Avg/Median): 68 / 53
- Days on Market Range: 1 – 346
- New Listings: 16
- Total Listings: 265
Sales by Property Type
Condo
Avg/Median Price$349,423 / $299,900Range$174,500 – $930,000Price per Sq Ft$270 / $276Sq Ft1,331 / 1,144DOM90 / 65New5Total72
Land
Avg/Median Price$739,744 / $799,900Range$395,000 – $1,050,000Price per Sq Ft—Sq Ft—DOM103 / 80New0Total9
Multi-Family
Avg/Median Price$1,100,000 / $1,100,000Range$1,100,000 – $1,100,000Price per Sq Ft$281 / $281Sq Ft3,920 / 3,920DOM2 / 2New1Total1
Single Family
Avg/Median Price$1,462,675 / $1,150,000Range$549,000 – $6,999,999Price per Sq Ft$460 / $426Sq Ft3,065 / 3,054DOM58 / 43New10Total149
Townhouse
Avg/Median Price$696,579 / $650,000Range$320,000 – $1,195,000Price per Sq Ft$332 / $326Sq Ft2,140 / 2,004DOM59 / 54New0Total34
Sales by Bedroom Count
1 Beds
Avg:$207,100Median:$185,000Range:$174,500 – $259,000PSF:$296 / $292Sq Ft:700 / 669DOM:107 / 65New:0Total:8
2 Beds
Avg:$378,780Median:$310,000Range:$195,000 – $889,000PSF:$281 / $277Sq Ft:1,344 / 1,170DOM:87 / 63New:4Total:57
3 Beds
Avg:$768,446Median:$699,900Range:$259,000 – $2,695,000PSF:$373 / $364Sq Ft:2,074 / 1,880DOM:56 / 47New:4Total:68
4 Beds
Avg:$1,426,148Median:$1,170,000Range:$540,000 – $6,999,999PSF:$437 / $387Sq Ft:3,147 / 3,080DOM:57 / 43New:7Total:93
5 Beds
Avg:$2,062,586Median:$1,695,000Range:$800,000 – $6,388,000PSF:$518 / $462Sq Ft:3,770 / 3,683DOM:76 / 59New:0Total:28
6 Beds
Avg:$895,000Median:$895,000Range:$895,000 – $895,000PSF:$236 / $236Sq Ft:3,794 / 3,794DOM:9 / 9New:0Total:1
8 Beds
Avg:$1,100,000Median:$1,100,000Range:$1,100,000 – $1,100,000PSF:$281 / $281Sq Ft:3,920 / 3,920DOM:2 / 2New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $207,100 | $185,000 | $174,500 – $259,000 | $296 / $292 | 700 / 669 | 107 / 65 | 0 | 8 |
| 2 Beds | $378,780 | $310,000 | $195,000 – $889,000 | $281 / $277 | 1,344 / 1,170 | 87 / 63 | 4 | 57 |
| 3 Beds | $768,446 | $699,900 | $259,000 – $2,695,000 | $373 / $364 | 2,074 / 1,880 | 56 / 47 | 4 | 68 |
| 4 Beds | $1,426,148 | $1,170,000 | $540,000 – $6,999,999 | $437 / $387 | 3,147 / 3,080 | 57 / 43 | 7 | 93 |
| 5 Beds | $2,062,586 | $1,695,000 | $800,000 – $6,388,000 | $518 / $462 | 3,770 / 3,683 | 76 / 59 | 0 | 28 |
| 6 Beds | $895,000 | $895,000 | $895,000 – $895,000 | $236 / $236 | 3,794 / 3,794 | 9 / 9 | 0 | 1 |
| 8 Beds | $1,100,000 | $1,100,000 | $1,100,000 – $1,100,000 | $281 / $281 | 3,920 / 3,920 | 2 / 2 | 1 | 1 |
Rental Market Overview
Median Rent
$2,110
−0.2%
Median DOM
1
0.0%
New Listings
115
Inventory
251
+0.8%
- Average Rent: $2,415
- Median Rent: $2,110
- Rent Range: $1,353 – $9,825
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,042 / 940
- Square Footage Range: 550 – 3,227
- Days on Market (Avg/Median): 11 / 1
- Days on Market Range: 1 – 304
- New Listings: 115
- Total Listings: 251
Rentals by Property Type
Apartment
$2,050
Median DOM: 1
Inventory: 208
MoM: −0.2%
Condo
$1,700
Median DOM: 1
Inventory: 10
MoM: −0.2%
Single Family
$3,190
Median DOM: 1
Inventory: 32
MoM: −0.2%
Townhouse
$2,995
Median DOM: —
Inventory: 1
MoM: −0.2%
Apartment
Avg/Median Rent$2,305 / $2,050Range$1,353 – $9,825Rent per Sq Ft$2 / $2Sq Ft943 / 935DOM9 / 1New94Total208
Condo
Avg/Median Rent$1,960 / $1,700Range$1,600 – $2,695Rent per Sq Ft$2 / $2Sq Ft964 / 976DOM39 / 1New6Total10
Single Family
Avg/Median Rent$3,257 / $3,190Range$1,469 – $5,995Rent per Sq Ft$2 / $2Sq Ft1,670 / 1,479DOM21 / 1New15Total32
Townhouse
Avg/Median Rent$2,995 / $2,995Range$2,995 – $2,995Rent per Sq Ft$1 / $1Sq Ft2,285 / 2,285DOM—New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,518Median:$1,553Range:$1,353 – $1,648PSF:$3 / $3Sq Ft:550 / 550DOM:1 / 1New:2Total:3
1 Beds
Avg:$1,912Median:$1,792Range:$1,450 – $3,637PSF:$3 / $3Sq Ft:729 / 725DOM:10 / 1New:36Total:85
2 Beds
Avg:$2,367Median:$2,110Range:$1,549 – $4,508PSF:$2 / $2Sq Ft:1,048 / 1,020DOM:8 / 1New:57Total:122
3 Beds
Avg:$3,472Median:$3,000Range:$2,495 – $9,825PSF:$2 / $2Sq Ft:1,456 / 1,410DOM:31 / 1New:14Total:33
4 Beds
Avg:$4,251Median:$4,200Range:$3,595 – $5,345PSF:$2 / $2Sq Ft:2,620 / 2,522DOM:1 / 1New:6Total:7
5 Beds
Avg:$5,995Median:$5,995Range:$5,995 – $5,995PSF:$2 / $2Sq Ft:3,227 / 3,227DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,518 | $1,553 | $1,353 – $1,648 | $3 / $3 | 550 / 550 | 1 / 1 | 2 | 3 |
| 1 Beds | $1,912 | $1,792 | $1,450 – $3,637 | $3 / $3 | 729 / 725 | 10 / 1 | 36 | 85 |
| 2 Beds | $2,367 | $2,110 | $1,549 – $4,508 | $2 / $2 | 1,048 / 1,020 | 8 / 1 | 57 | 122 |
| 3 Beds | $3,472 | $3,000 | $2,495 – $9,825 | $2 / $2 | 1,456 / 1,410 | 31 / 1 | 14 | 33 |
| 4 Beds | $4,251 | $4,200 | $3,595 – $5,345 | $2 / $2 | 2,620 / 2,522 | 1 / 1 | 6 | 7 |
| 5 Beds | $5,995 | $5,995 | $5,995 – $5,995 | $2 / $2 | 3,227 / 3,227 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$685,000Median DOM:46New:50Total:193
Apr 2026
Median Price:$759,900Median DOM:39New:64Total:224
May 2026
Median Price:$845,000Median DOM:38New:66Total:255
Jun 2026
Median Price:$839,000Median DOM:45New:69Total:273
Jul 2026
Median Price:$799,900Median DOM:50New:49Total:258
Aug 2026
Median Price:$820,000Median DOM:53New:16Total:265
6-Month Rental Trend
Mar 2026
Median Rent:$2,125Median DOM:1New:39Total:82
Apr 2026
Median Rent:$2,045Median DOM:1New:147Total:181
May 2026
Median Rent:$2,132Median DOM:1New:155Total:209
Jun 2026
Median Rent:$2,132Median DOM:1New:156Total:235
Jul 2026
Median Rent:$2,114Median DOM:1New:158Total:249
Aug 2026
Median Rent:$2,110Median DOM:1New:115Total:251
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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.
970059700697007970089702497027970309703497035970609706297068970709720197202972039720497205972069720997210972119721297213972149721597216972179721897219+14 more
← Back to Portland Metro