ZIP 97035 Housing Market Report
Portland Metro
Report period: July 2026
97035 Monthly Market Update – July 2026
ZIP 97035 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$819,000
−2.4%
Median DOM (Sales)
45
0.0%
New Listings (Sales)
12
−82.6%
Median Rent
$2,170
+1.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
252
+7.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (38 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,650,000 median)
Sales Market Overview
Median Price
$819,000
−2.4%
Median DOM
45
0.0%
New Listings
12
−82.6%
Inventory
268
−1.8%
- Average Price: $1,037,649
- Median Price: $819,000
- Price Range: $179,500 – $7,995,000
- Price per Sq Ft (Avg/Median): $394 / $351
- Square Footage (Avg/Median): 2,371 / 2,190
- Square Footage Range: 617 – 6,442
- Days on Market (Avg/Median): 67 / 45
- Days on Market Range: 1 – 358
- New Listings: 12
- Total Listings: 268
Sales by Property Type
Condo
Avg/Median Price$338,261 / $299,000Range$179,500 – $995,000Price per Sq Ft$271 / $277Sq Ft1,289 / 1,136DOM83 / 71New9Total80
Land
Avg/Median Price$783,962 / $799,900Range$449,900 – $1,050,000Price per Sq Ft—Sq Ft—DOM105 / 75New0Total8
Single Family
Avg/Median Price$1,506,083 / $1,099,000Range$570,000 – $7,995,000Price per Sq Ft$472 / $421Sq Ft3,010 / 2,962DOM59 / 38New2Total146
Townhouse
Avg/Median Price$731,447 / $698,000Range$320,000 – $1,295,000Price per Sq Ft$345 / $325Sq Ft2,174 / 2,015DOM57 / 40New1Total34
Sales by Bedroom Count
1 Beds
Avg:$275,520Median:$189,000Range:$179,500 – $899,000PSF:$328 / $292Sq Ft:773 / 669DOM:92 / 76New:1Total:10
2 Beds
Avg:$347,361Median:$300,000Range:$198,800 – $825,000PSF:$277 / $276Sq Ft:1,266 / 1,136DOM:88 / 75New:5Total:61
3 Beds
Avg:$767,460Median:$699,900Range:$269,900 – $2,695,000PSF:$380 / $374Sq Ft:2,030 / 1,886DOM:52 / 31New:4Total:71
4 Beds
Avg:$1,468,781Median:$1,100,000Range:$574,900 – $7,995,000PSF:$447 / $384Sq Ft:3,123 / 2,992DOM:54 / 35New:2Total:92
5 Beds
Avg:$2,240,635Median:$1,650,000Range:$800,000 – $6,388,000PSF:$544 / $510Sq Ft:3,846 / 3,664DOM:86 / 64New:0Total:26
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $275,520 | $189,000 | $179,500 – $899,000 | $328 / $292 | 773 / 669 | 92 / 76 | 1 | 10 |
| 2 Beds | $347,361 | $300,000 | $198,800 – $825,000 | $277 / $276 | 1,266 / 1,136 | 88 / 75 | 5 | 61 |
| 3 Beds | $767,460 | $699,900 | $269,900 – $2,695,000 | $380 / $374 | 2,030 / 1,886 | 52 / 31 | 4 | 71 |
| 4 Beds | $1,468,781 | $1,100,000 | $574,900 – $7,995,000 | $447 / $384 | 3,123 / 2,992 | 54 / 35 | 2 | 92 |
| 5 Beds | $2,240,635 | $1,650,000 | $800,000 – $6,388,000 | $544 / $510 | 3,846 / 3,664 | 86 / 64 | 0 | 26 |
Rental Market Overview
Median Rent
$2,170
+1.8%
Median DOM
1
0.0%
New Listings
113
Inventory
252
+7.2%
- Average Rent: $2,423
- Median Rent: $2,170
- Rent Range: $1,165 – $9,825
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,064 / 940
- Square Footage Range: 550 – 4,216
- Days on Market (Avg/Median): 11 / 1
- Days on Market Range: 1 – 287
- New Listings: 113
- Total Listings: 252
Rentals by Property Type
Apartment
$2,101
Median DOM: 1
Inventory: 208
MoM: +1.8%
Condo
$1,700
Median DOM: 1
Inventory: 7
MoM: +1.8%
Single Family
$3,190
Median DOM: 1
Inventory: 35
MoM: +1.8%
Townhouse
$2,600
Median DOM: 1
Inventory: 2
MoM: +1.8%
Apartment
Avg/Median Rent$2,296 / $2,101Range$1,165 – $9,825Rent per Sq Ft$2 / $2Sq Ft953 / 935DOM8 / 1New97Total208
Condo
Avg/Median Rent$1,851 / $1,700Range$1,695 – $2,545Rent per Sq Ft$2 / $2Sq Ft931 / 932DOM58 / 1New3Total7
Single Family
Avg/Median Rent$3,273 / $3,190Range$1,469 – $6,000Rent per Sq Ft$2 / $2Sq Ft1,703 / 1,577DOM18 / 1New13Total35
Townhouse
Avg/Median Rent$2,798 / $2,600Range$2,600 – $2,995Rent per Sq Ft$2 / $1Sq Ft1,696 / 1,107DOM1 / 1New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,277Median:$1,276Range:$1,165 – $1,455PSF:$3 / $3Sq Ft:550 / 550DOM:1 / 1New:1Total:5
1 Beds
Avg:$1,994Median:$1,937Range:$1,469 – $3,637PSF:$3 / $3Sq Ft:741 / 727DOM:8 / 1New:30Total:80
2 Beds
Avg:$2,363Median:$2,113Range:$1,549 – $4,963PSF:$2 / $2Sq Ft:1,057 / 1,020DOM:8 / 1New:68Total:126
3 Beds
Avg:$3,336Median:$2,995Range:$1,900 – $9,825PSF:$2 / $2Sq Ft:1,471 / 1,410DOM:31 / 1New:10Total:33
4 Beds
Avg:$4,139Median:$4,000Range:$3,499 – $4,695PSF:$2 / $2Sq Ft:2,400 / 2,300DOM:1 / 1New:4Total:5
5 Beds
Avg:$5,413Median:$5,995Range:$4,245 – $6,000PSF:$2 / $1Sq Ft:3,447 / 3,227DOM:1 / 1New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,277 | $1,276 | $1,165 – $1,455 | $3 / $3 | 550 / 550 | 1 / 1 | 1 | 5 |
| 1 Beds | $1,994 | $1,937 | $1,469 – $3,637 | $3 / $3 | 741 / 727 | 8 / 1 | 30 | 80 |
| 2 Beds | $2,363 | $2,113 | $1,549 – $4,963 | $2 / $2 | 1,057 / 1,020 | 8 / 1 | 68 | 126 |
| 3 Beds | $3,336 | $2,995 | $1,900 – $9,825 | $2 / $2 | 1,471 / 1,410 | 31 / 1 | 10 | 33 |
| 4 Beds | $4,139 | $4,000 | $3,499 – $4,695 | $2 / $2 | 2,400 / 2,300 | 1 / 1 | 4 | 5 |
| 5 Beds | $5,413 | $5,995 | $4,245 – $6,000 | $2 / $1 | 3,447 / 3,227 | 1 / 1 | 0 | 3 |
6-Month Sales Trend
Feb 2026
Median Price:$685,000Median DOM:51New:40Total:183
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:$819,000Median DOM:45New:12Total:268
6-Month Rental Trend
Feb 2026
Median Rent:$2,258Median DOM:1New:46Total:87
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:$2,170Median DOM:1New:113Total:252
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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