Housing in 97124 Hillsboro, OR is significantly more expensive than the national median value. According to recent data, the median housing value in 97124 Hillsboro is $536,700 while the US median is $338,100. Additionally, the US one year house appreciation rate is 8.27%, while Hillsboro has a slightly lower appreciation rate of 7.02%. This indicates that although housing in Hillsboro is more expensive than average, it may not be increasing in value as quickly as other parts of the country.
The median home cost in Hillsboro (zip 97124) is $536,700. Home appreciation the last 10 years has been 142.7%. Home Appreciation in Hillsboro (zip 97124) is up 13.1%.
Average Age of Homes
- The median age of Hillsboro (zip 97124) real estate is 23 years old
The Rental Market in Hillsboro (zip 97124)
- Renters make up 44.7% of the Hillsboro (zip 97124) population
- 1.1% of houses and apartments in Hillsboro (zip 97124), 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.