Beaverton, OR—97008
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 $556,000, with a year-over-year change of -0.9%. This indicates that home prices in Beaverton, OR are flat. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $556,000 | -0.9% |
| Single Family | $568,000 | -1.2% |
| Condos | $260,000 | -6.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $306,000 | -5.3% |
3 Bed | $541,000 | -0.9% |
4 Bed | $627,000 | -1.7% |
| 5 Bed | $685,000 | -2.4% |
% of Housing Stock
Rental Trends — Beaverton, OR
As of July '25, Rentcast reports the average rent in Beaverton, OR is $1,780, with a year-over-year rent change of -15.2%. Per bedroom, the median rent as of July '25 in Beaverton, OR is 1-bedrooms: $1,460, 2-bedrooms: $1,640, 3-bedrooms: $2,420, 4-bedrooms: $2,640. The most common rental property sizes in Beaverton, OR are 2-bedroom and 1-bedroom, accounting for 52.0% and 21.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,450 | $1,460 |
| 2 Bed Rent | $1,600 | $1,640 |
| 3 Bed Rent | $2,500 | $2,420 |
| 4 Bed Rent | $2,740 | $2,640 |
% 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 64. This is a increase of 38.0% 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 55.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $535,000 | -6.0% |
Listing Count | 83 | 25.0% |
| Listings as % of Homes | 0.3% | 25.0% |
Days on Market | 64 | 38.0% |
Demographics — Beaverton, OR
As of the latest ACS Survey released in 2023, Beaverton, OR has a population of 29,200, which has decreased by -2.0% over the past 5 years. Beaverton, OR is a moderately popular place for families, as children make up 20.9% of the population. The area has a highly educated workforce, with 48.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,200 | -2.0% |
% Under 18 | 20.9% | -0.5% |
% Seniors | 16.5% | 13.8% |
% WFH | 22.6% | 222.9% |
% w/ College Degree | 48.1% | 17.3% |
As of the latest ACS Survey released in 2023, Beaverton, OR is a predominantly white area, with 67.6% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Beaverton, OR is hispanic, making up 13.5% of the population. Foreign-born residents account for 11.1% of the population in Beaverton, OR, and this percentage has decreased by 31.1% 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 | 67.6% | -2.0% |
% Black | 2.3% | 91.7% |
% Hispanic | 13.5% | -28.6% |
% Asian | 7.1% | 20.3% |
% Foreign Born | 11.1% | -31.1% |
Mortgage and Risk — Beaverton, OR
According to HUD data as of 2023, there were 374 mortgage originations in Beaverton, OR, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 21.0% 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 | 374 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% 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 2.8%. 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 | 222 |
Total Units Section 8 | 222 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $1,450 | $1,720 |
| 2 Bedroom | $360 | $1,600 | $1,960 |
| 3 Bedroom | $190 | $2,500 | $2,690 |
| 4 Bedroom | $420 | $2,740 | $3,160 |
Affordability — Beaverton, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $556,000 |
| Median Household Income | $90,200 |