ZIP 97205 Housing Market Report
Portland Metro
Report period: August 2026
97205 Monthly Market Update – August 2026
ZIP 97205 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$599,000
0.0%
Median DOM (Sales)
101
−2.9%
New Listings (Sales)
1
−92.9%
Median Rent
$1,508
−0.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
151
+5.6%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (65 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($2,000,000 median)
Sales Market Overview
Median Price
$599,000
0.0%
Median DOM
101
−2.9%
New Listings
1
−92.9%
Inventory
74
−3.9%
- Average Price: $717,073
- Median Price: $599,000
- Price Range: $138,500 – $2,150,000
- Price per Sq Ft (Avg/Median): $501 / $417
- Square Footage (Avg/Median): 1,480 / 1,113
- Square Footage Range: 441 – 10,422
- Days on Market (Avg/Median): 102 / 101
- Days on Market Range: 4 – 288
- New Listings: 1
- Total Listings: 74
Sales by Property Type
Condo
Avg/Median Price$650,695 / $399,000Range$138,500 – $1,950,000Price per Sq Ft$517 / $411Sq Ft1,161 / 1,054DOM104 / 109New1Total64
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 / 10,422DOM74 / 74New0Total1
Single Family
Avg/Median Price$1,154,238 / $985,000Range$329,900 – $2,150,000Price per Sq Ft$405 / $433Sq Ft2,921 / 3,000DOM83 / 65New0Total8
Sales by Bedroom Count
Studio
Avg:$177,850Median:$139,900Range:$138,500 – $280,000PSF:$324 / $303Sq Ft:538 / 461DOM:94 / 58New:0Total:4
1 Beds
Avg:$527,632Median:$348,500Range:$145,000 – $1,300,000PSF:$541 / $445Sq Ft:885 / 849DOM:92 / 80New:1Total:31
2 Beds
Avg:$736,428Median:$599,000Range:$265,000 – $1,875,000PSF:$495 / $373Sq Ft:1,424 / 1,430DOM:106 / 109New:0Total:29
3 Beds
Avg:$1,618,500Median:$1,450,000Range:$1,299,000 – $1,950,000PSF:$606 / $490Sq Ft:2,733 / 2,525DOM:188 / 172New:0Total:4
5 Beds
Avg:$1,495,000Median:$1,150,000Range:$985,000 – $2,150,000PSF:$378 / $303Sq Ft:3,959 / 3,794DOM:70 / 65New:0Total:4
6 Beds
Avg:$2,000,000Median:$2,000,000Range:$2,000,000 – $2,000,000PSF:$192 / $192Sq Ft:10,422 / 10,422DOM:74 / 74New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $177,850 | $139,900 | $138,500 – $280,000 | $324 / $303 | 538 / 461 | 94 / 58 | 0 | 4 |
| 1 Beds | $527,632 | $348,500 | $145,000 – $1,300,000 | $541 / $445 | 885 / 849 | 92 / 80 | 1 | 31 |
| 2 Beds | $736,428 | $599,000 | $265,000 – $1,875,000 | $495 / $373 | 1,424 / 1,430 | 106 / 109 | 0 | 29 |
| 3 Beds | $1,618,500 | $1,450,000 | $1,299,000 – $1,950,000 | $606 / $490 | 2,733 / 2,525 | 188 / 172 | 0 | 4 |
| 5 Beds | $1,495,000 | $1,150,000 | $985,000 – $2,150,000 | $378 / $303 | 3,959 / 3,794 | 70 / 65 | 0 | 4 |
| 6 Beds | $2,000,000 | $2,000,000 | $2,000,000 – $2,000,000 | $192 / $192 | 10,422 / 10,422 | 74 / 74 | 0 | 1 |
Rental Market Overview
Median Rent
$1,508
−0.5%
Median DOM
1
0.0%
New Listings
56
Inventory
151
+5.6%
- Average Rent: $1,956
- Median Rent: $1,508
- Rent Range: $650 – $9,200
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 730 / 646
- Square Footage Range: 254 – 4,631
- Days on Market (Avg/Median): 19 / 1
- Days on Market Range: 1 – 297
- New Listings: 56
- Total Listings: 151
Rentals by Property Type
Apartment
$1,504
Median DOM: 1
Inventory: 141
MoM: −0.5%
Condo
$1,385
Median DOM: 1
Inventory: 6
MoM: −0.5%
Single Family
$5,700
Median DOM: 1
Inventory: 4
MoM: −0.5%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −0.5%
Apartment
Avg/Median Rent$1,846 / $1,504Range$650 – $9,200Rent per Sq Ft$3 / $3Sq Ft677 / 643DOM20 / 1New50Total141
Condo
Avg/Median Rent$2,021 / $1,385Range$1,195 – $5,200Rent per Sq Ft$2 / $2Sq Ft800 / 688DOM3 / 1New3Total6
Single Family
Avg/Median Rent$5,738 / $5,700Range$2,750 – $7,500Rent per Sq Ft$3 / $2Sq Ft2,478 / 1,645DOM10 / 1New3Total4
Rentals by Bedroom Count
Studio
Avg:$1,262Median:$1,133Range:$650 – $2,481PSF:$3 / $3Sq Ft:454 / 454DOM:49 / 1New:13Total:53
1 Beds
Avg:$1,678Median:$1,508Range:$995 – $3,420PSF:$2 / $2Sq Ft:675 / 650DOM:4 / 1New:31Total:73
2 Beds
Avg:$3,517Median:$2,299Range:$1,850 – $8,447PSF:$3 / $2Sq Ft:1,207 / 1,090DOM:9 / 1New:8Total:19
3 Beds
Avg:$6,624Median:$6,225Range:$4,836 – $9,200PSF:$4 / $5Sq Ft:1,588 / 1,375DOM:1 / 1New:3Total:4
4 Beds
Avg:$5,700Median:$5,700Range:$5,700 – $5,700PSF:$2 / $2Sq Ft:2,384 / 2,384DOM:1 / 1New:1Total:1
5 Beds
Avg:$7,000Median:$7,000Range:$7,000 – $7,000PSF:$2 / $2Sq Ft:4,631 / 4,631DOM:38 / 38New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,262 | $1,133 | $650 – $2,481 | $3 / $3 | 454 / 454 | 49 / 1 | 13 | 53 |
| 1 Beds | $1,678 | $1,508 | $995 – $3,420 | $2 / $2 | 675 / 650 | 4 / 1 | 31 | 73 |
| 2 Beds | $3,517 | $2,299 | $1,850 – $8,447 | $3 / $2 | 1,207 / 1,090 | 9 / 1 | 8 | 19 |
| 3 Beds | $6,624 | $6,225 | $4,836 – $9,200 | $4 / $5 | 1,588 / 1,375 | 1 / 1 | 3 | 4 |
| 4 Beds | $5,700 | $5,700 | $5,700 – $5,700 | $2 / $2 | 2,384 / 2,384 | 1 / 1 | 1 | 1 |
| 5 Beds | $7,000 | $7,000 | $7,000 – $7,000 | $2 / $2 | 4,631 / 4,631 | 38 / 38 | 0 | 1 |
6-Month Sales Trend
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:$599,000Median DOM:104New:14Total:77
Aug 2026
Median Price:$599,000Median DOM:101New:1Total:74
6-Month Rental Trend
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:$1,516Median DOM:1New:77Total:143
Aug 2026
Median Rent:$1,508Median DOM:1New:56Total:151
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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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