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 FtSq FtDOM105 / 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

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

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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