Cornelius, OR 97113 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Cornelius, OR—97113

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$479,000

1.4% YoY Growth

Household Income

$93,100

46.2% YoY Growth

Days on Market

3.0% Longer YoY

Home Price Forecast

-0.6%

Median Rent

$1,800

11.7% YoY Growth

1-Bed Rent

$1,250

34.0% YoY Growth

2-Bed Rent

$1,600

9.7% YoY Growth

3-Bed Rent

$2,520

2.7% YoY Growth

Home Price Trends — Cornelius, OR

As of Dec '25, the median home price in Cornelius, OR is $479,000, with a year-over-year change of -1.4%. This indicates that home prices in Cornelius, OR are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$479,000	-1.4%
Single Family	$479,000	-1.6%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Cornelius, OR

As of July '25, Rentcast reports the average rent in Cornelius, OR is $2,040, with a year-over-year rent change of -11.7%. Per bedroom, the median rent as of July '25 in Cornelius, OR is 1-bedrooms: $1,320, 2-bedrooms: $1,580, 3-bedrooms: $2,530, 4-bedrooms: $2,700. The most common rental property sizes in Cornelius, OR are 2-bedroom and 3-bedroom, accounting for 49.9% and 24.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$2,040
Studio Rent	N/A	N/A
1 Bed Rent	$1,250	$1,320
2 Bed Rent	$1,600	$1,580
3 Bed Rent	$2,520	$2,530
4 Bed Rent	$2,500	$2,700

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% of Rental Stock

1 Bedroom

13.6%

2 Bedrooms

49.9%

3 Bedrooms

24.1%

4 Bedrooms

3.8%

5+ Bedrooms

8.6%

Property Listings — Cornelius, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Cornelius, OR is 66. This is a increase of 7.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$525,000	-7.0%
Listing Count	48	9.0%
Listings as % of Homes	0.9%	9.0%
Days on Market	63	3.0%

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Demographics — Cornelius, OR

As of the latest ACS Survey released in 2023, Cornelius, OR has a population of 15,600, which has increased by 5.3% over the past 5 years. Cornelius, OR is a moderately popular place for families, as children make up 22.5% of the population. The area has a poorly educated workforce, with 17.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,600	5.3%
% Under 18	22.5%	-17.0%
% Seniors	15.5%	44.9%
% WFH	10.2%	88.9%
% w/ College Degree	17.8%	8.5%

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As of the latest ACS Survey released in 2023, Cornelius, OR is a predominantly hispanic area, with 47.2% of the population identifying as hispanic. The hispanic population has grown by 1.9% in the last 5 years. The second most common race or ethnicity in Cornelius, OR is white, making up 45.5% of the population. Foreign-born residents account for 23.5% of the population in Cornelius, OR, and this percentage has decreased by 4.9% 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	45.5%	-5.8%
% Black	0.9%	0.0%
% Hispanic	47.2%	1.9%
% Asian	2.2%	22.2%
% Foreign Born	23.5%	-4.9%

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Mortgage and Risk — Cornelius, OR

According to HUD data as of 2023, there were 261 mortgage originations in Cornelius, OR, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Cornelius, OR. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	261
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Cornelius, OR

As of 2024, the percent of homes in Cornelius, OR under the Section 8 program is 3.0%. 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 Cornelius, 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	24
Total Units Section 8	24
% Rentals under Section 8	3.0%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$410	$1,250	$1,660
2 Bedroom	$300	$1,600	$1,900
3 Bedroom	$90	$2,520	$2,610
4 Bedroom	$560	$2,500	$3,060

Cornelius, OR—97113

Key Metrics at a Glance

Home Price Trends — Cornelius, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cornelius, OR

% of Rental Stock

Property Listings — Cornelius, OR

Demographics — Cornelius, OR

Race and Ethnicity

Mortgage and Risk — Cornelius, OR

Mortgages

Rentals and Section 8 — Cornelius, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Cornelius, OR

Home Price to Income Ratio

Cornelius, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hillsboro, OR

Hillsboro, OR

Beaverton, OR

Forest Grove, OR

Gaston, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.2
Median Home Price	$479,000
Median Household Income	$93,100

Cornelius, OR—97113

Key Metrics at a Glance

Home Price Trends — Cornelius, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cornelius, OR

% of Rental Stock

Property Listings — Cornelius, OR

Demographics — Cornelius, OR

Race and Ethnicity

Mortgage and Risk — Cornelius, OR

Mortgages

Rentals and Section 8 — Cornelius, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Cornelius, OR

Home Price to Income Ratio

Cornelius, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hillsboro, OR

Hillsboro, OR

Beaverton, OR

Forest Grove, OR

Gaston, OR

Frequently Asked Questions

What is the average home price in Cornelius, OR 97113?

How have home prices in Cornelius, OR 97113 changed over the past year?

What is the home price projection for Cornelius, OR 97113?

What are the demographics of Cornelius, OR 97113?

How long does it take homes to sell in Cornelius, OR 97113?

What is the average rent price in Cornelius, OR 97113?