ZIP 97035 Housing Market Report
Portland Metro
Report period: March 2026
97035 Monthly Market Update – March 2026
ZIP 97035 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$685,000
0.0%
Median DOM (Sales)
49
−3.9%
New Listings (Sales)
11
−72.5%
Median Rent
$2,295
+1.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
83
−4.6%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (29 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,750,000 median)
Sales Market Overview
Median Price
$685,000
0.0%
Median DOM
49
−3.9%
New Listings
11
−72.5%
Inventory
185
+1.1%
- Average Price: $917,529
- Median Price: $685,000
- Price Range: $179,500 – $5,995,000
- Price per Sq Ft (Avg/Median): $389 / $349
- Square Footage (Avg/Median): 2,134 / 1,849
- Square Footage Range: 617 – 6,442
- Days on Market (Avg/Median): 87 / 49
- Days on Market Range: 1 – 348
- New Listings: 11
- Total Listings: 185
Sales by Property Type
Condo
Avg/Median Price$328,822 / $299,900Range$179,500 – $1,100,000Price per Sq Ft$253 / $251Sq Ft1,362 / 1,136DOM88 / 59New2Total69
Land
Avg/Median Price$801,686 / $749,900Range$479,000 – $1,174,950Price per Sq Ft—Sq Ft—DOM95 / 47New2Total7
Single Family
Avg/Median Price$1,380,995 / $999,000Range$475,000 – $5,995,000Price per Sq Ft$488 / $463Sq Ft2,729 / 2,664DOM84 / 29New7Total97
Townhouse
Avg/Median Price$623,817 / $599,900Range$325,000 – $899,000Price per Sq Ft$363 / $352Sq Ft1,761 / 1,603DOM100 / 54New0Total12
Sales by Bedroom Count
1 Beds
Avg:$336,973Median:$235,000Range:$179,500 – $899,000PSF:$405 / $308Sq Ft:815 / 753DOM:49 / 21New:1Total:11
2 Beds
Avg:$347,889Median:$309,000Range:$214,900 – $695,000PSF:$261 / $248Sq Ft:1,376 / 1,216DOM:101 / 65New:1Total:52
3 Beds
Avg:$786,526Median:$654,800Range:$234,900 – $3,399,000PSF:$402 / $391Sq Ft:1,918 / 1,603DOM:74 / 35New:1Total:54
4 Beds
Avg:$1,503,691Median:$1,225,000Range:$549,900 – $5,495,000PSF:$473 / $438Sq Ft:3,010 / 2,867DOM:87 / 45New:6Total:45
5 Beds
Avg:$2,012,225Median:$1,750,000Range:$845,000 – $5,995,000PSF:$509 / $465Sq Ft:3,766 / 3,308DOM:106 / 28New:0Total:16
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $336,973 | $235,000 | $179,500 – $899,000 | $405 / $308 | 815 / 753 | 49 / 21 | 1 | 11 |
| 2 Beds | $347,889 | $309,000 | $214,900 – $695,000 | $261 / $248 | 1,376 / 1,216 | 101 / 65 | 1 | 52 |
| 3 Beds | $786,526 | $654,800 | $234,900 – $3,399,000 | $402 / $391 | 1,918 / 1,603 | 74 / 35 | 1 | 54 |
| 4 Beds | $1,503,691 | $1,225,000 | $549,900 – $5,495,000 | $473 / $438 | 3,010 / 2,867 | 87 / 45 | 6 | 45 |
| 5 Beds | $2,012,225 | $1,750,000 | $845,000 – $5,995,000 | $509 / $465 | 3,766 / 3,308 | 106 / 28 | 0 | 16 |
Rental Market Overview
Median Rent
$2,295
+1.6%
Median DOM
1
0.0%
New Listings
28
Inventory
83
−4.6%
- Average Rent: $2,655
- Median Rent: $2,295
- Rent Range: $1,322 – $9,956
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,308 / 1,116
- Square Footage Range: 550 – 4,063
- Days on Market (Avg/Median): 17 / 1
- Days on Market Range: 1 – 166
- New Listings: 28
- Total Listings: 83
Rentals by Property Type
Apartment
$1,695
Median DOM: 1
Inventory: 29
MoM: +1.6%
Condo
$1,795
Median DOM: 1
Inventory: 12
MoM: +1.6%
Single Family
$3,000
Median DOM: 1
Inventory: 41
MoM: +1.6%
Townhouse
$2,850
Median DOM: 1
Inventory: 1
MoM: +1.6%
Apartment
Avg/Median Rent$2,242 / $1,695Range$1,322 – $9,956Rent per Sq Ft$2 / $2Sq Ft779 / 725DOM40 / 1New6Total29
Condo
Avg/Median Rent$1,792 / $1,795Range$1,395 – $2,545Rent per Sq Ft$2 / $2Sq Ft958 / 950DOM13 / 1New6Total12
Single Family
Avg/Median Rent$3,195 / $3,000Range$1,945 – $8,299Rent per Sq Ft$2 / $2Sq Ft1,749 / 1,552DOM9 / 1New15Total41
Townhouse
Avg/Median Rent$2,850 / $2,850Range$2,850 – $2,850Rent per Sq Ft$2 / $2Sq Ft1,700 / 1,700DOM1 / 1New1Total1
Rentals by Bedroom Count
Studio
Avg:$1,430Median:$1,430Range:$1,430 – $1,430PSF:$3 / $3Sq Ft:550 / 550DOM:—New:0Total:1
1 Beds
Avg:$1,607Median:$1,555Range:$1,322 – $2,258PSF:$2 / $2Sq Ft:670 / 682DOM:29 / 1New:3Total:18
2 Beds
Avg:$2,026Median:$1,945Range:$1,445 – $2,890PSF:$2 / $2Sq Ft:1,070 / 1,000DOM:14 / 1New:12Total:26
3 Beds
Avg:$3,433Median:$3,049Range:$1,900 – $9,956PSF:$2 / $2Sq Ft:1,629 / 1,552DOM:15 / 1New:11Total:31
4 Beds
Avg:$4,596Median:$3,595Range:$2,845 – $8,299PSF:$2 / $2Sq Ft:2,492 / 2,000DOM:1 / 1New:1Total:5
5 Beds
Avg:$3,975Median:$3,950Range:$3,950 – $4,000PSF:$1 / $1Sq Ft:2,900 / 2,827DOM:48 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,430 | $1,430 | $1,430 – $1,430 | $3 / $3 | 550 / 550 | — | 0 | 1 |
| 1 Beds | $1,607 | $1,555 | $1,322 – $2,258 | $2 / $2 | 670 / 682 | 29 / 1 | 3 | 18 |
| 2 Beds | $2,026 | $1,945 | $1,445 – $2,890 | $2 / $2 | 1,070 / 1,000 | 14 / 1 | 12 | 26 |
| 3 Beds | $3,433 | $3,049 | $1,900 – $9,956 | $2 / $2 | 1,629 / 1,552 | 15 / 1 | 11 | 31 |
| 4 Beds | $4,596 | $3,595 | $2,845 – $8,299 | $2 / $2 | 2,492 / 2,000 | 1 / 1 | 1 | 5 |
| 5 Beds | $3,975 | $3,950 | $3,950 – $4,000 | $1 / $1 | 2,900 / 2,827 | 48 / 1 | 1 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$750,000Median DOM:85New:31Total:216
Nov 2025
Median Price:$725,000Median DOM:87New:24Total:193
Dec 2025
Median Price:$735,000Median DOM:91New:17Total:165
Jan 2026
Median Price:$695,000Median DOM:74New:47Total:170
Feb 2026
Median Price:$685,000Median DOM:51New:40Total:183
Mar 2026
Median Price:$685,000Median DOM:49New:11Total:185
6-Month Rental Trend
Oct 2025
Median Rent:$2,495Median DOM:1New:53Total:89
Nov 2025
Median Rent:$2,495Median DOM:1New:37Total:81
Dec 2025
Median Rent:$2,195Median DOM:1New:41Total:74
Jan 2026
Median Rent:$2,125Median DOM:1New:46Total:81
Feb 2026
Median Rent:$2,258Median DOM:1New:46Total:87
Mar 2026
Median Rent:$2,295Median DOM:1New:28Total:83
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory tightened.
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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