Beaverton, OR—97005
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 $483,000, 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 -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 | $483,000 | -1.6% |
| Single Family | $507,000 | -1.7% |
| Condos | $231,000 | -5.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $205,000 | -2.4% |
2 Bed | $359,000 | -3.8% |
3 Bed | $495,000 | -1.8% |
4 Bed | $611,000 | -2.9% |
| 5 Bed | $690,000 | -3.6% |
% of Housing Stock
Rental Trends — Beaverton, OR
As of July '25, Rentcast reports the average rent in Beaverton, OR is $1,700, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Beaverton, OR is studios: $1,710, 1-bedrooms: $1,400, 2-bedrooms: $1,590, 3-bedrooms: $2,260, 4-bedrooms: $3,200. The most common rental property sizes in Beaverton, OR are 2-bedroom and 1-bedroom, accounting for 43.0% and 30.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,530 | $1,700 |
| Studio Rent | $1,520 | $1,710 |
| 1 Bed Rent | $1,380 | $1,400 |
| 2 Bed Rent | $1,540 | $1,590 |
| 3 Bed Rent | $2,200 | $2,260 |
| 4 Bed Rent | $3,200 | $3,200 |
% 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 62. This is a increase of 71.0% 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 | $507,000 | 6.0% |
Listing Count | 69 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 62 | 71.0% |
Demographics — Beaverton, OR
As of the latest ACS Survey released in 2023, Beaverton, OR has a population of 27,800, which has increased by 5.2% over the past 5 years. Beaverton, OR is a moderately popular place for families, as children make up 19.4% of the population. The area has a moderately educated workforce, with 38.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 27,800 | 5.2% |
% Under 18 | 19.4% | -6.3% |
% Seniors | 13.8% | 9.5% |
% WFH | 13.8% | 263.2% |
% w/ College Degree | 38.1% | 19.1% |
As of the latest ACS Survey released in 2023, Beaverton, OR is a predominantly white area, with 52.7% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Beaverton, OR is hispanic, making up 32.9% of the population. Foreign-born residents account for 22.1% of the population in Beaverton, OR, and this percentage has decreased by 6.4% 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 | 52.7% | -6.7% |
% Black | 2.8% | 47.4% |
% Hispanic | 32.9% | 4.4% |
% Asian | 6.5% | 27.5% |
% Foreign Born | 22.1% | -6.4% |
Mortgage and Risk — Beaverton, OR
According to HUD data as of 2023, there were 235 mortgage originations in Beaverton, OR, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Beaverton, OR. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 235 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Beaverton, OR
As of 2024, the percent of homes in Beaverton, OR under the Section 8 program is 7.8%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Beaverton, OR, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 777 |
Total Units Section 8 | 763 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 83.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,380 | $1,640 |
| 2 Bedroom | $330 | $1,540 | $1,870 |
| 3 Bedroom | $360 | $2,200 | $2,560 |
| 4 Bedroom | -$190 | $3,200 | $3,010 |
Affordability — Beaverton, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $483,000 |
| Median Household Income | $74,300 |