Cedar Hills, West Slope, OR—97225
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cedar Hills, West Slope, OR
As of Oct '25, the median home price in Cedar Hills, West Slope, OR is $726,000, with a year-over-year change of -1.5%. This indicates that home prices in Cedar Hills, West Slope, OR are decreasing. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $726,000 | -1.5% |
| Single Family | $755,000 | -1.9% |
| Condos | $244,000 | -6.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $204,000 | -5.6% |
2 Bed | $436,000 | -2.0% |
3 Bed | $662,000 | -1.8% |
4 Bed | $861,000 | -2.3% |
| 5 Bed | $998,000 | -2.4% |
% of Housing Stock
Rental Trends — Cedar Hills, West Slope, OR
As of July '25, Rentcast reports the average rent in Cedar Hills, West Slope, OR is $2,100, with a year-over-year rent change of -2.3%. Per bedroom, the median rent as of July '25 in Cedar Hills, West Slope, OR is studios: $1,420, 1-bedrooms: $1,470, 2-bedrooms: $1,950, 3-bedrooms: $2,890, 4-bedrooms: $5,040. The most common rental property sizes in Cedar Hills, West Slope, OR are 1-bedroom and 2-bedroom, accounting for 42.4% and 40.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,730 | $2,100 |
| Studio Rent | $1,410 | $1,420 |
| 1 Bed Rent | $1,460 | $1,470 |
| 2 Bed Rent | $1,920 | $1,950 |
| 3 Bed Rent | $2,800 | $2,890 |
| 4 Bed Rent | $4,000 | $5,040 |
% of Rental Stock
Property Listings — Cedar Hills, West Slope, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Cedar Hills, West Slope, OR is 75. This is a increase of 43.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $774,000 | -5.0% |
Listing Count | 111 | 23.0% |
| Listings as % of Homes | 0.3% | 23.0% |
Days on Market | 75 | 43.0% |
Demographics — Cedar Hills, West Slope, OR
As of the latest ACS Survey released in 2023, Cedar Hills, West Slope, OR has a population of 25,800, which has decreased by -1.2% over the past 5 years. Cedar Hills, West Slope, OR is a moderately popular place for families, as children make up 17.4% of the population. The area has a highly educated workforce, with 62.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,800 | -1.2% |
% Under 18 | 17.4% | -5.9% |
% Seniors | 20.1% | 16.2% |
% WFH | 22.8% | 162.1% |
% w/ College Degree | 62.3% | 6.3% |
As of the latest ACS Survey released in 2023, Cedar Hills, West Slope, OR is a predominantly white area, with 76.8% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Cedar Hills, West Slope, OR is hispanic, making up 8.5% of the population. Foreign-born residents account for 9.4% of the population in Cedar Hills, West Slope, OR, and this percentage has decreased by 6.9% 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 | 76.8% | -5.0% |
% Black | 1.6% | -50.0% |
% Hispanic | 8.5% | 44.1% |
% Asian | 7.1% | 16.4% |
% Foreign Born | 9.4% | -6.9% |
Mortgage and Risk — Cedar Hills, West Slope, OR
According to HUD data as of 2023, there were 435 mortgage originations in Cedar Hills, West Slope, OR, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Cedar Hills, West Slope, OR. Investor activity is low, as 1.0% 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 | 435 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Cedar Hills, West Slope, OR
As of 2024, the percent of homes in Cedar Hills, West Slope, OR under the Section 8 program is 1.1%. 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 Cedar Hills, West Slope, OR, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 114 |
Total Units Section 8 | 114 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,460 | $1,810 |
| 2 Bedroom | $140 | $1,920 | $2,060 |
| 3 Bedroom | $30 | $2,800 | $2,830 |
| 4 Bedroom | -$680 | $4,000 | $3,320 |
Affordability — Cedar Hills, West Slope, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.5 |
| Median Home Price | $726,000 |
| Median Household Income | $111,000 |