Zip 97123 (Hillsboro, OR) Housing

The housing in 97123 Hillsboro, OR is impressive compared to the US median value. The median value of homes in 97123 Hillsboro is $528,700 while the US median value is significantly lower at $338,100. Additionally, the 1 year house appreciation rate in Hillsboro is 7.02%, which is lower than the national average of 8.27%. This shows that despite being higher than most areas in the United States, the property values of 97123 Hillsboro are still increasing at a steady rate.

The median home cost in Hillsboro (zip 97123) is $528,700. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Hillsboro (zip 97123) is up 13.1%.

Average Age of Homes

- The median age of Hillsboro (zip 97123) real estate is 27 years old

The Rental Market in Hillsboro (zip 97123)

- Renters make up 31.9% of the Hillsboro (zip 97123) population
- 0.2% of houses and apartments in Hillsboro (zip 97123), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hillsboro, Oregon	United States
	16,845.0	139,647,020.0
	30	42
	$528,700	$338,100
	13.1%	16.6%
	59.3%	57.0%
	142.7%	101.1%
	$9.49	$10.98
	$3,641	$2,690
	66.8%	57.4%
	2.6%	11.2%
	30.6%	31.4%
Vacant Housing
	0.2%	1.9%
	0.4%	0.4%
	0.3%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	2.3%	2.4%
	0.9%	2.8%
	0.1%	3.9%
	0.3%	4.5%
	0.7%	11.3%
	1.2%	13.0%
	11.5%	20.1%
	37.2%	13.6%
	24.9%	8.3%
	13.2%	9.7%
	3.9%	3.9%
	0.8%	2.2%
	0.5%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	17.2%	13.6%
	17.2%	13.6%
	21.9%	13.6%
	12.1%	13.2%
	19.4%	14.8%
	21.9%	13.6%
	3.5%	10.0%
	2.4%	4.7%
	2.9%	12.2%

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