Boring, OR 97009 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Boring, OR—97009

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$704,000

0.0% YoY Growth

Household Income

$109,000

38.1% YoY Growth

Days on Market

109

49.0% Longer YoY

Home Price Forecast

0.0%

Median Rent

$3,350

7.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

$3,350

7.4% YoY Growth

Home Price Trends — Boring, OR

As of Dec '25, the median home price in Boring, OR is $704,000, with a year-over-year change of 0.0%. This indicates that home prices in Boring, OR are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$704,000	0.0%
Single Family	$704,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Boring, OR

As of July '25, Rentcast reports the average rent in Boring, OR is $3,350, with a year-over-year rent change of 7.4%. Per bedroom, the median rent as of July '25 in Boring, OR is 3-bedrooms: $3,350. The most common rental property sizes in Boring, OR are 3-bedroom and 4-bedroom, accounting for 67.1% and 10.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$3,350	$3,350
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	$3,350	$3,350
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

9.8%

1 Bedroom

4.3%

2 Bedrooms

8.4%

3 Bedrooms

67.1%

4 Bedrooms

10.4%

Property Listings — Boring, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Boring, OR is 95. This is a increase of 45.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$900,000	-1.0%
Listing Count	32	80.0%
Listings as % of Homes	0.7%	80.0%
Days on Market	109	49.0%

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Demographics — Boring, OR

As of the latest ACS Survey released in 2023, Boring, OR has a population of 7,880, which has decreased by -7.0% over the past 5 years. Boring, OR is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	7,880	-7.0%
% Under 18	21.1%	9.3%
% Seniors	23.9%	10.1%
% WFH	19.6%	192.5%
% w/ College Degree	23.1%	26.9%

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As of the latest ACS Survey released in 2023, Boring, OR is a predominantly white area, with 73.4% of the population identifying as white. The white population has shrunk by 14.6% in the last 5 years. The second most common race or ethnicity in Boring, OR is hispanic, making up 17.6% of the population. Foreign-born residents account for 4.2% of the population in Boring, OR, and this percentage has decreased by 33.3% 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	73.4%	-14.6%
% Black	0.2%	-84.6%
% Hispanic	17.6%	97.8%
% Asian	1.1%	-42.1%
% Foreign Born	4.2%	-33.3%

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Mortgage and Risk — Boring, OR

According to HUD data as of 2023, there were 150 mortgage originations in Boring, OR, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Boring, OR. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	150
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Boring, OR

Boring, OR lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	4
Total Units Section 8	4
% Rentals under Section 8	0.9%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$1,820
2 Bedroom	N/A	N/A	$2,080
3 Bedroom	-$500	$3,350	$2,850
4 Bedroom	N/A	N/A	$3,350

Boring, OR—97009

Key Metrics at a Glance

Home Price Trends — Boring, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Boring, OR

% of Rental Stock

Property Listings — Boring, OR

Demographics — Boring, OR

Race and Ethnicity

Mortgage and Risk — Boring, OR

Mortgages

Rentals and Section 8 — Boring, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Boring, OR

Home Price to Income Ratio

Boring, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Gresham, OR

Eagle Creek, OR

Damascus, OR

Troutdale, OR

Gresham, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.2
Median Home Price	$704,000
Median Household Income	$109,000

Boring, OR—97009

Key Metrics at a Glance

Home Price Trends — Boring, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Boring, OR

% of Rental Stock

Property Listings — Boring, OR

Demographics — Boring, OR

Race and Ethnicity

Mortgage and Risk — Boring, OR

Mortgages

Rentals and Section 8 — Boring, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Boring, OR

Home Price to Income Ratio

Boring, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Gresham, OR

Eagle Creek, OR

Damascus, OR

Troutdale, OR

Gresham, OR

Frequently Asked Questions

What is the average home price in Boring, OR 97009?

How have home prices in Boring, OR 97009 changed over the past year?

What is the home price projection for Boring, OR 97009?

What are the demographics of Boring, OR 97009?

How long does it take homes to sell in Boring, OR 97009?

What is the average rent price in Boring, OR 97009?