ZIP 97225 Housing Market Report

Portland Metro

Report period: August 2026

97225 Monthly Market Update – August 2026

ZIP 97225 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$750,000
0.0%
Median DOM (Sales)
33
−10.8%
New Listings (Sales)
10
−72.2%
Median Rent
$1,788
+4.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
207
+9.5%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (27 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($2,495,000 median)

Sales Market Overview

Median Price
$750,000
0.0%
Median DOM
33
−10.8%
New Listings
10
−72.2%
Inventory
144
−1.4%
  • Average Price: $904,578
  • Median Price: $750,000
  • Price Range: $138,000 – $5,995,000
  • Price per Sq Ft (Avg/Median): $351 / $316
  • Square Footage (Avg/Median): 2,449 / 2,350
  • Square Footage Range: 465 – 7,173
  • Days on Market (Avg/Median): 57 / 33
  • Days on Market Range: 2 – 319
  • New Listings: 10
  • Total Listings: 144

Sales by Property Type

Condo
Avg/Median Price$264,748 / $235,000Range$138,000 – $499,900Price per Sq Ft$272 / $269Sq Ft1,005 / 954DOM84 / 68New2Total23
Land
Avg/Median Price$682,450 / $565,000Range$565,000 – $799,900Price per Sq FtSq FtDOM172 / 172New0Total2
Multi-Family
Avg/Median Price$4,790,000 / $3,585,000Range$3,585,000 – $5,995,000Price per Sq FtSq FtDOM61 / 32New0Total2
Single Family
Avg/Median Price$997,213 / $849,900Range$449,900 – $3,495,000Price per Sq Ft$372 / $347Sq Ft2,792 / 2,752DOM49 / 27New8Total110
Townhouse
Avg/Median Price$504,529 / $519,900Range$399,000 – $598,000Price per Sq Ft$281 / $275Sq Ft1,814 / 1,925DOM67 / 59New0Total7

Sales by Bedroom Count

Studio
Avg:$138,000Median:$138,000Range:$138,000 – $138,000PSF:$297 / $297Sq Ft:465 / 465DOM:24 / 24New:0Total:1
1 Beds
Avg:$212,943Median:$219,900Range:$188,900 – $235,000PSF:$319 / $316Sq Ft:680 / 622DOM:82 / 51New:1Total:7
2 Beds
Avg:$349,195Median:$299,000Range:$164,000 – $589,900PSF:$290 / $262Sq Ft:1,230 / 1,128DOM:75 / 68New:2Total:19
3 Beds
Avg:$788,024Median:$685,000Range:$294,900 – $1,750,000PSF:$402 / $414Sq Ft:2,023 / 2,008DOM:51 / 23New:3Total:46
4 Beds
Avg:$1,052,432Median:$939,000Range:$499,900 – $2,695,000PSF:$342 / $312Sq Ft:3,103 / 3,036DOM:47 / 31New:3Total:51
5 Beds
Avg:$1,568,527Median:$1,100,000Range:$575,000 – $5,995,000PSF:$321 / $294Sq Ft:3,771 / 3,176DOM:73 / 49New:1Total:15
6 Beds
Avg:$2,393,333Median:$2,495,000Range:$1,100,000 – $3,585,000PSF:$347 / $226Sq Ft:5,102 / 4,857DOM:22 / 17New:0Total:3

Rental Market Overview

Median Rent
$1,788
+4.5%
Median DOM
1
0.0%
New Listings
63
Inventory
207
+9.5%
  • Average Rent: $1,935
  • Median Rent: $1,788
  • Rent Range: $1,099 – $6,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 983 / 877
  • Square Footage Range: 300 – 3,500
  • Days on Market (Avg/Median): 35 / 1
  • Days on Market Range: 1 – 355
  • New Listings: 63
  • Total Listings: 207

Rentals by Property Type

Apartment
$1,731
Median DOM: 2
Inventory: 167
MoM: +4.5%
Condo
$1,395
Median DOM: 1
Inventory: 10
MoM: +4.5%
Single Family
$2,999
Median DOM: 1
Inventory: 28
MoM: +4.5%
Townhouse
Median DOM:
Inventory:
MoM: +4.5%
Apartment
Avg/Median Rent$1,752 / $1,731Range$1,099 – $3,294Rent per Sq Ft$2 / $2Sq Ft846 / 877DOM40 / 2New48Total167
Condo
Avg/Median Rent$1,395 / $1,395Range$1,395 – $1,395Rent per Sq Ft$2 / $2Sq Ft710 / 714DOM1 / 1New4Total10
Multi-Family
Avg/Median Rent$2,795 / $2,295Range$2,295 – $3,295Rent per Sq Ft$2 / $2Sq Ft1,540 / 1,000DOM27 / 1New0Total2
Single Family
Avg/Median Rent$3,162 / $2,999Range$1,495 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,842 / 1,716DOM22 / 1New11Total28

Rentals by Bedroom Count

Studio
Avg:$1,244Median:$1,216Range:$1,099 – $1,436PSF:$3 / $3Sq Ft:476 / 511DOM:45 / 38New:1Total:8
1 Beds
Avg:$1,589Median:$1,531Range:$1,195 – $2,101PSF:$2 / $2Sq Ft:675 / 644DOM:54 / 1New:19Total:67
2 Beds
Avg:$1,875Median:$1,848Range:$1,325 – $3,695PSF:$2 / $2Sq Ft:965 / 920DOM:24 / 1New:36Total:110
3 Beds
Avg:$3,251Median:$2,999Range:$2,545 – $4,999PSF:$2 / $2Sq Ft:1,808 / 1,716DOM:26 / 1New:4Total:13
4 Beds
Avg:$3,999Median:$3,650Range:$2,750 – $6,500PSF:$2 / $2Sq Ft:2,545 / 2,602DOM:39 / 1New:3Total:8
5 Beds
Avg:$3,695Median:$3,695Range:$3,695 – $3,695PSF:$1 / $1Sq Ft:3,100 / 3,100DOM:1 / 1New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$649,000Median DOM:44New:24Total:88
Apr 2026
Median Price:$749,000Median DOM:27New:39Total:114
May 2026
Median Price:$725,000Median DOM:31New:35Total:129
Jun 2026
Median Price:$724,900Median DOM:31New:42Total:134
Jul 2026
Median Price:$750,000Median DOM:37New:36Total:146
Aug 2026
Median Price:$750,000Median DOM:33New:10Total:144

6-Month Rental Trend

Mar 2026
Median Rent:$1,675Median DOM:1New:65Total:147
Apr 2026
Median Rent:$1,676Median DOM:1New:81Total:148
May 2026
Median Rent:$1,745Median DOM:1New:76Total:160
Jun 2026
Median Rent:$1,650Median DOM:1New:86Total:166
Jul 2026
Median Rent:$1,711Median DOM:1New:106Total:189
Aug 2026
Median Rent:$1,788Median DOM:1New:63Total:207

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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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