ZIP 97205 Housing Market Report
Portland Metro
Report period: July 2026
97205 Monthly Market Update – July 2026
ZIP 97205 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$550,000
+31.0%
Median DOM (Sales)
101
+1.0%
New Listings (Sales)
3
−62.5%
Median Rent
$1,464
−0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
134
+2.3%
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 (44 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($2,000,000 median)
Sales Market Overview
Median Price
$550,000
+31.0%
Median DOM
101
+1.0%
New Listings
3
−62.5%
Inventory
73
+1.4%
- Average Price: $719,542
- Median Price: $550,000
- Price Range: $138,500 – $2,150,000
- Price per Sq Ft (Avg/Median): $498 / $392
- Square Footage (Avg/Median): 1,488 / 1,129
- Square Footage Range: 441 – 10,422
- Days on Market (Avg/Median): 101 / 101
- Days on Market Range: 2 – 336
- New Listings: 3
- Total Listings: 73
Sales by Property Type
Condo
Avg/Median Price$650,734 / $399,000Range$138,500 – $1,950,000Price per Sq Ft$514 / $405Sq Ft1,165 / 1,095DOM99 / 101New3Total65
Land
Avg/Median Price$185,000 / $185,000Range$185,000 – $185,000Price per Sq Ft—Sq Ft—DOM—New0Total1
Multi-Family
Avg/Median Price$2,000,000 / $2,000,000Range$2,000,000 – $2,000,000Price per Sq Ft$192 / $192Sq Ft10,422 / 10,422DOM44 / 44New0Total1
Single Family
Avg/Median Price$1,340,650 / $1,435,000Range$329,900 – $2,150,000Price per Sq Ft$373 / $329Sq Ft3,492 / 3,380DOM134 / 59New0Total6
Sales by Bedroom Count
Studio
Avg:$143,800Median:$139,900Range:$138,500 – $153,000PSF:$306 / $303Sq Ft:471 / 461DOM:93 / 120New:0Total:3
1 Beds
Avg:$490,869Median:$324,900Range:$145,000 – $1,300,000PSF:$503 / $417Sq Ft:897 / 857DOM:90 / 79New:2Total:33
2 Beds
Avg:$766,574Median:$599,000Range:$265,000 – $1,875,000PSF:$521 / $373Sq Ft:1,419 / 1,430DOM:107 / 109New:1Total:27
3 Beds
Avg:$1,683,750Median:$1,575,000Range:$1,435,000 – $1,950,000PSF:$627 / $532Sq Ft:2,733 / 2,525DOM:158 / 142New:0Total:4
4 Beds
Avg:$1,449,000Median:$1,449,000Range:$1,449,000 – $1,449,000PSF:$329 / $329Sq Ft:4,411 / 4,411DOM:284 / 284New:0Total:1
5 Beds
Avg:$1,610,000Median:$1,695,000Range:$985,000 – $2,150,000PSF:$403 / $464Sq Ft:4,014 / 4,032DOM:68 / 57New:0Total:3
6 Beds
Avg:$2,000,000Median:$2,000,000Range:$2,000,000 – $2,000,000PSF:$192 / $192Sq Ft:10,422 / 10,422DOM:44 / 44New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $143,800 | $139,900 | $138,500 – $153,000 | $306 / $303 | 471 / 461 | 93 / 120 | 0 | 3 |
| 1 Beds | $490,869 | $324,900 | $145,000 – $1,300,000 | $503 / $417 | 897 / 857 | 90 / 79 | 2 | 33 |
| 2 Beds | $766,574 | $599,000 | $265,000 – $1,875,000 | $521 / $373 | 1,419 / 1,430 | 107 / 109 | 1 | 27 |
| 3 Beds | $1,683,750 | $1,575,000 | $1,435,000 – $1,950,000 | $627 / $532 | 2,733 / 2,525 | 158 / 142 | 0 | 4 |
| 4 Beds | $1,449,000 | $1,449,000 | $1,449,000 – $1,449,000 | $329 / $329 | 4,411 / 4,411 | 284 / 284 | 0 | 1 |
| 5 Beds | $1,610,000 | $1,695,000 | $985,000 – $2,150,000 | $403 / $464 | 4,014 / 4,032 | 68 / 57 | 0 | 3 |
| 6 Beds | $2,000,000 | $2,000,000 | $2,000,000 – $2,000,000 | $192 / $192 | 10,422 / 10,422 | 44 / 44 | 0 | 1 |
Rental Market Overview
Median Rent
$1,464
−0.1%
Median DOM
1
0.0%
New Listings
51
Inventory
134
+2.3%
- Average Rent: $1,804
- Median Rent: $1,464
- Rent Range: $650 – $8,276
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 702 / 625
- Square Footage Range: 254 – 4,631
- Days on Market (Avg/Median): 22 / 1
- Days on Market Range: 1 – 346
- New Listings: 51
- Total Listings: 134
Rentals by Property Type
Apartment
$1,455
Median DOM: 1
Inventory: 128
MoM: −0.1%
Condo
$1,200
Median DOM: 1
Inventory: 4
MoM: −0.1%
Single Family
$6,000
Median DOM: 1
Inventory: 2
MoM: −0.1%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −0.1%
Apartment
Avg/Median Rent$1,720 / $1,455Range$650 – $8,276Rent per Sq Ft$3 / $3Sq Ft652 / 600DOM23 / 1New46Total128
Condo
Avg/Median Rent$2,022 / $1,200Range$1,195 – $4,200Rent per Sq Ft$2 / $2Sq Ft887 / 688DOM3 / 1New3Total4
Single Family
Avg/Median Rent$6,748 / $6,000Range$6,000 – $7,495Rent per Sq Ft$2 / $2Sq Ft3,508 / 2,384DOM5 / 1New2Total2
Rentals by Bedroom Count
Studio
Avg:$1,299Median:$1,195Range:$650 – $2,935PSF:$3 / $3Sq Ft:469 / 476DOM:51 / 1New:13Total:57
1 Beds
Avg:$1,636Median:$1,516Range:$945 – $2,643PSF:$2 / $2Sq Ft:660 / 650DOM:3 / 1New:27Total:58
2 Beds
Avg:$3,105Median:$2,195Range:$1,395 – $8,276PSF:$2 / $2Sq Ft:1,184 / 1,070DOM:9 / 1New:6Total:14
3 Beds
Avg:$5,277Median:$5,275Range:$4,836 – $5,720PSF:$3 / $3Sq Ft:1,659 / 1,774DOM:1 / 1New:3Total:3
4 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$3 / $3Sq Ft:2,384 / 2,384DOM:1 / 1New:1Total:1
5 Beds
Avg:$7,495Median:$7,495Range:$7,495 – $7,495PSF:$2 / $2Sq Ft:4,631 / 4,631DOM:8 / 8New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,299 | $1,195 | $650 – $2,935 | $3 / $3 | 469 / 476 | 51 / 1 | 13 | 57 |
| 1 Beds | $1,636 | $1,516 | $945 – $2,643 | $2 / $2 | 660 / 650 | 3 / 1 | 27 | 58 |
| 2 Beds | $3,105 | $2,195 | $1,395 – $8,276 | $2 / $2 | 1,184 / 1,070 | 9 / 1 | 6 | 14 |
| 3 Beds | $5,277 | $5,275 | $4,836 – $5,720 | $3 / $3 | 1,659 / 1,774 | 1 / 1 | 3 | 3 |
| 4 Beds | $6,000 | $6,000 | $6,000 – $6,000 | $3 / $3 | 2,384 / 2,384 | 1 / 1 | 1 | 1 |
| 5 Beds | $7,495 | $7,495 | $7,495 – $7,495 | $2 / $2 | 4,631 / 4,631 | 8 / 8 | 1 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$389,000Median DOM:47New:27Total:72
Mar 2026
Median Price:$625,000Median DOM:41New:16Total:75
Apr 2026
Median Price:$575,000Median DOM:65New:12Total:81
May 2026
Median Price:$395,000Median DOM:80New:12Total:74
Jun 2026
Median Price:$420,000Median DOM:100New:8Total:72
Jul 2026
Median Price:$550,000Median DOM:101New:3Total:73
6-Month Rental Trend
Feb 2026
Median Rent:$1,642Median DOM:1New:61Total:151
Mar 2026
Median Rent:$1,557Median DOM:1New:53Total:116
Apr 2026
Median Rent:$1,595Median DOM:1New:56Total:121
May 2026
Median Rent:$1,475Median DOM:1New:60Total:115
Jun 2026
Median Rent:$1,465Median DOM:1New:73Total:131
Jul 2026
Median Rent:$1,464Median DOM:1New:51Total:134
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.
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