The housing market in 97005 Beaverton, OR is doing well as indicated by the median value being $482,700, which is higher than the median value of houses throughout the United States which stands at $338,100. Although appreciation for homes in Beaverton was lower than the national average over the past year at 6.12%, it was still quite impressive as national appreciation was 8.27%. This suggests that overall, Beaverton's housing market is performing favorably and indicates a positive outlook for both buyers and sellers in this area.
The median home cost in Beaverton (zip 97005) is $482,700. Home appreciation the last 10 years has been 140.8%. Home Appreciation in Beaverton (zip 97005) is up 12.2%.
Average Age of Homes
- The median age of Beaverton (zip 97005) real estate is 45 years old
The Rental Market in Beaverton (zip 97005)
- Renters make up 63.3% of the Beaverton (zip 97005) population
- 1.1% of houses and apartments in Beaverton (zip 97005), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.