ZIP 97225 Housing Market Report

Portland Metro

Report period: March 2026

97225 Monthly Market Update – March 2026

ZIP 97225 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$640,000
−4.2%
Median DOM (Sales)
43
−2.3%
New Listings (Sales)
9
−62.5%
Median Rent
$1,725
+1.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
147
0.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Land (21 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 7 Beds ($1,999,000 median)

Sales Market Overview

Median Price
$640,000
−4.2%
Median DOM
43
−2.3%
New Listings
9
−62.5%
Inventory
88
+3.5%
  • Average Price: $796,627
  • Median Price: $640,000
  • Price Range: $165,000 – $3,985,000
  • Price per Sq Ft (Avg/Median): $329 / $305
  • Square Footage (Avg/Median): 2,386 / 2,306
  • Square Footage Range: 572 – 5,805
  • Days on Market (Avg/Median): 78 / 43
  • Days on Market Range: 3 – 315
  • New Listings: 9
  • Total Listings: 88

Sales by Property Type

Condo
Avg/Median Price$296,677 / $304,950Range$179,900 – $415,000Price per Sq Ft$300 / $292Sq Ft1,023 / 1,128DOM85 / 66New1Total15
Land
Avg/Median Price$608,980 / $565,000Range$165,000 – $950,000Price per Sq FtSq FtDOM118 / 21New0Total5
Single Family
Avg/Median Price$1,007,633 / $779,000Range$450,000 – $3,985,000Price per Sq Ft$348 / $320Sq Ft2,860 / 2,606DOM67 / 30New8Total56
Townhouse
Avg/Median Price$515,058 / $529,900Range$399,900 – $629,000Price per Sq Ft$277 / $280Sq Ft1,874 / 1,877DOM106 / 56New0Total12

Sales by Bedroom Count

1 Beds
Avg:$201,300Median:$189,000Range:$179,900 – $235,000PSF:$347 / $316Sq Ft:581 / 572DOM:95 / 66New:0Total:3
2 Beds
Avg:$411,787Median:$385,000Range:$189,500 – $689,900PSF:$292 / $280Sq Ft:1,453 / 1,305DOM:86 / 56New:1Total:19
3 Beds
Avg:$651,820Median:$599,000Range:$359,900 – $1,250,000PSF:$338 / $322Sq Ft:1,970 / 2,047DOM:67 / 34New:3Total:25
4 Beds
Avg:$938,966Median:$795,000Range:$574,900 – $2,199,000PSF:$311 / $290Sq Ft:3,004 / 2,680DOM:75 / 26New:3Total:22
5 Beds
Avg:$1,612,727Median:$1,575,000Range:$622,000 – $3,985,000PSF:$417 / $374Sq Ft:3,639 / 3,635DOM:73 / 29New:2Total:11
6 Beds
Avg:$969,338Median:$688,777Range:$688,777 – $1,249,900PSF:$261 / $254Sq Ft:3,747 / 2,582DOM:122 / 66New:0Total:2
7 Beds
Avg:$1,999,000Median:$1,999,000Range:$1,999,000 – $1,999,000PSF:$344 / $344Sq Ft:5,805 / 5,805DOM:3 / 3New:0Total:1

Rental Market Overview

Median Rent
$1,725
+1.8%
Median DOM
1
0.0%
New Listings
47
Inventory
147
0.0%
  • Average Rent: $2,007
  • Median Rent: $1,725
  • Rent Range: $1,110 – $8,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 965 / 784
  • Square Footage Range: 300 – 3,485
  • Days on Market (Avg/Median): 45 / 1
  • Days on Market Range: 1 – 343
  • New Listings: 47
  • Total Listings: 147

Rentals by Property Type

Apartment
$1,650
Median DOM: 11
Inventory: 106
MoM: +1.8%
Condo
$1,445
Median DOM: 1
Inventory: 12
MoM: +1.8%
Single Family
$2,895
Median DOM: 1
Inventory: 27
MoM: +1.8%
Townhouse
$1,875
Median DOM: 1
Inventory: 2
MoM: +1.8%
Apartment
Avg/Median Rent$1,780 / $1,650Range$1,110 – $3,560Rent per Sq Ft$2 / $2Sq Ft796 / 750DOM58 / 11New31Total106
Condo
Avg/Median Rent$1,546 / $1,445Range$1,345 – $2,295Rent per Sq Ft$2 / $2Sq Ft735 / 709DOM3 / 1New7Total12
Single Family
Avg/Median Rent$3,091 / $2,895Range$1,400 – $8,500Rent per Sq Ft$2 / $2Sq Ft1,708 / 1,414DOM19 / 1New7Total27
Townhouse
Avg/Median Rent$2,185 / $1,875Range$1,875 – $2,495Rent per Sq Ft$2 / $2Sq Ft1,246 / 1,062DOM5 / 1New2Total2

Rentals by Bedroom Count

Studio
Avg:$1,299Median:$1,299Range:$1,110 – $1,590PSF:$3 / $3Sq Ft:478 / 511DOM:115 / 144New:0Total:13
1 Beds
Avg:$1,724Median:$1,575Range:$1,164 – $3,560PSF:$3 / $2Sq Ft:664 / 644DOM:50 / 1New:19Total:59
2 Beds
Avg:$1,902Median:$1,875Range:$1,250 – $3,295PSF:$2 / $2Sq Ft:990 / 920DOM:34 / 1New:23Total:53
3 Beds
Avg:$2,721Median:$2,795Range:$2,250 – $3,197PSF:$2 / $2Sq Ft:1,562 / 1,410DOM:10 / 1New:4Total:14
4 Beds
Avg:$4,882Median:$3,595Range:$2,995 – $8,500PSF:$2 / $1Sq Ft:2,716 / 2,635DOM:53 / 1New:1Total:6
5 Beds
Avg:$4,150Median:$3,499Range:$3,499 – $4,800PSF:$1 / $1Sq Ft:2,880 / 2,753DOM:1 / 1New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$750,000Median DOM:74New:25Total:147
Nov 2025
Median Price:$749,900Median DOM:83New:9Total:130
Dec 2025
Median Price:$739,000Median DOM:98New:15Total:111
Jan 2026
Median Price:$699,000Median DOM:99New:18Total:89
Feb 2026
Median Price:$668,000Median DOM:44New:24Total:85
Mar 2026
Median Price:$640,000Median DOM:43New:9Total:88

6-Month Rental Trend

Oct 2025
Median Rent:$1,734Median DOM:22New:50Total:132
Nov 2025
Median Rent:$1,725Median DOM:18New:46Total:118
Dec 2025
Median Rent:$1,600Median DOM:22New:52Total:123
Jan 2026
Median Rent:$1,600Median DOM:19New:48Total:122
Feb 2026
Median Rent:$1,695Median DOM:1New:71Total:147
Mar 2026
Median Rent:$1,725Median DOM:1New:47Total:147

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory was flat.

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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