Beaverton, OR—97006
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Beaverton, OR
As of Oct '25, the median home price in Beaverton, OR is $501,000, with a year-over-year change of -1.6%. This indicates that home prices in Beaverton, OR are decreasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $501,000 | -1.6% |
| Single Family | $529,000 | -1.9% |
| Condos | $297,000 | -5.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $328,000 | -4.4% |
3 Bed | $496,000 | -1.6% |
4 Bed | $632,000 | -2.0% |
| 5 Bed | $755,000 | -1.7% |
% of Housing Stock
Rental Trends — Beaverton, OR
As of July '25, Rentcast reports the average rent in Beaverton, OR is $2,150, with a year-over-year rent change of -8.9%. Per bedroom, the median rent as of July '25 in Beaverton, OR is studios: $1,660, 1-bedrooms: $1,550, 2-bedrooms: $2,010, 3-bedrooms: $2,550, 4-bedrooms: $3,000. The most common rental property sizes in Beaverton, OR are 2-bedroom and 3-bedroom, accounting for 44.2% and 23.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,180 | $2,150 |
| Studio Rent | $1,600 | $1,660 |
| 1 Bed Rent | $1,550 | $1,550 |
| 2 Bed Rent | $2,000 | $2,010 |
| 3 Bed Rent | $2,500 | $2,550 |
| 4 Bed Rent | $2,950 | $3,000 |
% of Rental Stock
Property Listings — Beaverton, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Beaverton, OR is 70. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $385,000 | -12.0% |
Listing Count | 139 | 40.0% |
| Listings as % of Homes | 0.3% | 40.0% |
Days on Market | 70 | 32.0% |
Demographics — Beaverton, OR
As of the latest ACS Survey released in 2023, Beaverton, OR has a population of 45,600, which has decreased by -37.4% over the past 5 years. Beaverton, OR is a moderately popular place for families, as children make up 22.4% of the population. The area has a highly educated workforce, with 50.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,600 | -37.4% |
% Under 18 | 22.4% | -6.7% |
% Seniors | 11.1% | 20.7% |
% WFH | 21.3% | 353.2% |
% w/ College Degree | 50.3% | 11.0% |
As of the latest ACS Survey released in 2023, Beaverton, OR is a predominantly white area, with 51.6% of the population identifying as white. The white population has shrunk by 9.3% in the last 5 years. The second most common race or ethnicity in Beaverton, OR is asian, making up 21.4% of the population. Foreign-born residents account for 22.4% of the population in Beaverton, OR, and this percentage has decreased by 3.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 51.6% | -9.3% |
% Black | 3.2% | -17.9% |
% Hispanic | 16.1% | -11.5% |
% Asian | 21.4% | 32.1% |
% Foreign Born | 22.4% | -3.0% |
Mortgage and Risk — Beaverton, OR
According to HUD data as of 2023, there were 300 mortgage originations in Beaverton, OR, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Beaverton, OR. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 300 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Beaverton, OR
As of 2024, the percent of homes in Beaverton, OR under the Section 8 program is 4.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Beaverton, OR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 367 |
Total Units Section 8 | 367 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $420 | $1,550 | $1,970 |
| 2 Bedroom | $250 | $2,000 | $2,250 |
| 3 Bedroom | $590 | $2,500 | $3,090 |
| 4 Bedroom | $670 | $2,950 | $3,620 |
Affordability — Beaverton, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $501,000 |
| Median Household Income | $100,000 |