Beaverton, OR—97007
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 $592,000, with a year-over-year change of -1.9%. This indicates that home prices in Beaverton, OR are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $592,000 | -1.9% |
| Single Family | $610,000 | -2.4% |
| Condos | $316,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $348,000 | -3.6% |
3 Bed | $531,000 | -2.2% |
4 Bed | $677,000 | -2.9% |
| 5 Bed | $775,000 | -3.1% |
% of Housing Stock
Rental Trends — Beaverton, OR
As of July '25, Rentcast reports the average rent in Beaverton, OR is $2,220, with a year-over-year rent change of -16.9%. Per bedroom, the median rent as of July '25 in Beaverton, OR is 1-bedrooms: $1,610, 2-bedrooms: $2,010, 3-bedrooms: $2,660, 4-bedrooms: $3,340. The most common rental property sizes in Beaverton, OR are 1-bedroom and 2-bedroom, accounting for 34.6% and 32.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,020 | $2,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,600 | $1,610 |
| 2 Bed Rent | $2,020 | $2,010 |
| 3 Bed Rent | $2,600 | $2,660 |
| 4 Bed Rent | $3,350 | $3,340 |
% 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 65. This is a increase of 24.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $669,000 | 1.0% |
Listing Count | 269 | 6.0% |
| Listings as % of Homes | 0.8% | 6.0% |
Days on Market | 65 | 24.0% |
Demographics — Beaverton, OR
As of the latest ACS Survey released in 2023, Beaverton, OR has a population of 48,100, which has decreased by -33.8% over the past 5 years. Beaverton, OR is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 53.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,100 | -33.8% |
% Under 18 | 21.2% | -13.8% |
% Seniors | 14.2% | 23.5% |
% WFH | 26.4% | 271.8% |
% w/ College Degree | 53.7% | 27.6% |
As of the latest ACS Survey released in 2023, Beaverton, OR is a predominantly white area, with 62.1% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Beaverton, OR is asian, making up 13.9% of the population. Foreign-born residents account for 20.7% of the population in Beaverton, OR, and this percentage has increased by 8.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.1% | -3.3% |
% Black | 2.3% | -30.3% |
% Hispanic | 12.5% | -20.4% |
% Asian | 13.9% | 13.9% |
% Foreign Born | 20.7% | 8.9% |
Mortgage and Risk — Beaverton, OR
According to HUD data as of 2023, there were 833 mortgage originations in Beaverton, OR, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Beaverton, OR. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 833 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Beaverton, OR
As of 2024, the percent of homes in Beaverton, OR under the Section 8 program is 2.7%. 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 | 132 |
Total Units Section 8 | 132 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,600 | $1,910 |
| 2 Bedroom | $160 | $2,020 | $2,180 |
| 3 Bedroom | $390 | $2,600 | $2,990 |
| 4 Bedroom | $160 | $3,350 | $3,510 |
Affordability — Beaverton, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $592,000 |
| Median Household Income | $117,000 |