New Listing
26
$49,000
2681 SE River Rd Unit 6
Hillsboro, OR 97123
2 bd1 ba782 sqft$63/ft²
Mobile home
Ricxy Rivera · All Professionals Real Estate
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Hillsboro, OR Housing Market
Seller's market-3.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Hillsboro, OR is worth $512,474, fell 3.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $514,950, -1.9% year over year (through May 2026). With 2.4 months of supply and homes going under contract in about 21 days, Hillsboro is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $512,474 home is about $2,736/mo in principal and interest.
Key numbers for Hillsboro, OR
Typical home value
$512,474
-3.9% in 12 months
Zillow, August 2026
Typical asking rent
$1,944/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$514,950
-1.9% year over year
Redfin, through May 2026
Days on market
21
Average pace
Redfin, through May 2026
Active listings
270
2.4 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$103,207
Home costs 5.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.6%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Hillsboro a buyer's or seller's market?
Seller's market2.4 months of supply21 days on market99.6% of asking
Hillsboro, OR is a seller's market, based on 2.4 months of supply and homes selling in about 21 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Hillsboro housing market data show?
Every row below is Redfin's final published month for Hillsboro, OR. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $514,950 |
| Median list price | $575,000 |
| Year-over-year price change | -1.9% |
| Median price per sq ft | $284/sq ft |
| Median days on market | 21 days |
| Active inventory | 270 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 99.6% |
| Homes sold (that month) | 112 |
| New listings (that month) | 153 |
| Listings with a price cut | 35.9% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Hillsboro is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Hillsboro is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Hillsboro home prices moved?
Over the last three years the median sale price in Hillsboro, OR fell 2.4%, from $527,450 to $514,950. The live Zillow value series has fell 3.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 35.9% of Hillsboro listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.4 months while the sale-to-list ratio slips below its current 99.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Hillsboro?
Priced off the typical home value of $512,474 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $102,495 | $409,979 | $2,736/mo |
| 5% | $25,624 | $486,850 | $3,249/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,736, that implies roughly $117,251 a year before you add taxes and insurance. The median household in Hillsboro earns $103,207, about $14,044 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.0x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Hillsboro in the next 12 months?
Tell us your timeline. We send the Hillsboro market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Hillsboro?
Typical asking rent in Hillsboro, OR is $1,944/mo, against a typical home value of $512,474. That is a price-to-rent ratio of 22.0x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,736 a month — $792 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Hillsboro?
Active listings in Hillsboro, OR went from 361 in May 2025 to 270 in May 2026, a -25.2% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 385 | 153 |
| July 2025 | 421 | 164 |
| August 2025 | 402 | 141 |
| September 2025 | 358 | 95 |
| October 2025 | 377 | 137 |
| November 2025 | 326 | 59 |
| December 2025 | 257 | 44 |
| January 2026 | 245 | 103 |
| February 2026 | 252 | 114 |
| March 2026 | 248 | 122 |
| April 2026 | 249 | 137 |
| May 2026 | 270 | 153 |
Redfin, through May 2026
How does Hillsboro compare to Oregon and the U.S.?
Hillsboro homes sell for $514,950 — 2% below the Oregon median of $525,500. Against the national median of $410,700, Hillsboro runs 25% higher. Year-over-year, Hillsboro moved -1.9% against Oregon's -0.0% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Hillsboro, OR | $514,950 | -1.9% | 21 days |
| Oregon statewide | $525,500 | -0.0% | 28 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Hillsboro
What buyers should watch
- Months of supply, currently 2.4. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 35.9%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $513 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $512,474 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Hillsboro listing goes under contract in 21 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Hillsboro added 153 new listings against 112 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -3.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Hillsboro varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Hillsboro
There are currently 270 homes listed for sale in Hillsboro, Oregon. The median listing price is $575K. Featured listings range from $49,000 to $1,750,000.
New Listing
39
$149,080
5885 NE Jacobson St Unit 63
Hillsboro, OR 97124
3 bd2 ba1,539 sqft$97/ft²
Mobile home
Kimberly Brenner · Berkshire Hathaway HomeServices NW Real Estate
View photos & details
New Listing
32
$374,900
187 NE 80th Ave
Hillsboro, OR 97006
3 bd2 ba1,673 sqft$224/ft²
Condo
John Tae · eXp Realty, LLC
View photos & details
New Listing
25
$423,500
2375 SE Washington Ct
Hillsboro, OR 97123
3 bd1 ba1,164 sqft$364/ft²
House6,970 sqft lot
Roger Newton · Roger Newton
View photos & details
New Listing
43
$435,000
4564 SE Olivewood St
Hillsboro, OR 97123
3 bd2 ba1,567 sqft$278/ft²
House2,178 sqft lot
John Carswell · Bella Casa Real Estate Group
View photos & details
New BuildPrice Drop −$3K
12
$489,900
7386 SE Madrone St
Hillsboro, OR 97123
3 bd3 ba1,496 sqft$327/ft²
House
View photos & details
New Listing
39
$525,000
867 SE 39th Ct
Hillsboro, OR 97123
3 bd2 ba1,746 sqft$301/ft²
House4,356 sqft lot
Noelle Pearson Pc · John L. Scott Market Center
View photos & details
New Listing
47
$599,900
698 NW Hertel St
Hillsboro, OR 97124
4 bd2 ba2,270 sqft$264/ft²
House4,356 sqft lot
Venkatesan Muthu · Oregon First
View photos & details
New Listing
35
$899,999
5452 SE 80th Ave
Hillsboro, OR 97123
5 bd3 ba2,754 sqft$327/ft²
House6,098 sqft lot
Corey Kennedy · Real Broker
View photos & details
New Listing
45
$989,900
13707 NW Bishop Rd
Hillsboro, OR 97124
Land39.39 acres
Pat Griffith · John L. Scott
View photos & details
New Listing
48
$1,599,000
5904 SE McInnis St
Hillsboro, OR 97123
4 bd3 ba3,398 sqft$471/ft²
House10,454 sqft lot
Jason Maycumber · Redfin
View photos & details
New Listing
48
$1,750,000
29009 SW Burkhalter Rd
Hillsboro, OR 97123
5 bd3 ba4,328 sqft$404/ft²
House28.79 acres
Jamie Ford · MORE Realty
View photos & details
Looking to buy in Hillsboro?
Get connected with a local real estate expert — free, no obligation.
Active listings
270
Homes on market
Median list price
$575K
Avg. days on market
21
Days until sale
New this week
153
Newly listed
Price drops:35.9%of listings
Sale-to-list:99.6%
How much do homes cost in Hillsboro by property type?
How the Hillsboro, OR market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $561,450 | $297/sq ft | 76 | 17 days |
| Condo / co-op | $326,000 | $265/sq ft | 14 | 47 days |
| Townhouse | $407,000 | $268/sq ft | 21 | 28 days |
Who lives in Hillsboro?
American Community Survey estimates for Hillsboro. U.S. Census ACS, 2023
Population
107,050
Households
41,304
Median income
$103,207/yr
Median age
34.8 years
Owner-occupied
50.6%
Median home value
$483,400
Median gross rent
$1,896/mo
Mean commute
22.7 min
50.6% of occupied homes in Hillsboro are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $483,400 against Zillow's $512,474 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,896/mo, below Zillow's $1,944/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Hillsboro?
30 schools tracked · 16,727 students
The largest public schools serving Hillsboro, OR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Century High School
Grades 9-12 · 1,565 students
Glencoe High School
Grades 9-12 · 1,498 students
Liberty High School
Grades 9-12 · 1,435 students
Hillsboro High School
Grades 9-12 · 1,343 students
Beaverton Academy of Science and Engineering
Grades 6-12 · 853 students
Evergreen Jr High School
Grades 7-8 · 707 students
J W Poynter Middle School
Grades 7-8 · 687 students
R A Brown Middle School
Grades 7-8 · 679 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hillsboro, OR?
Ordered by distance from Hillsboro, not by size. Compare Hillsboro side by side with any of them.
Which ZIP codes are in Hillsboro?
These are the ZIP codes we see on active Hillsboro listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Hillsboro housing market FAQ
Is Hillsboro a buyer's or seller's market?
Hillsboro, OR is currently a seller's market. That read comes from 2.4 months of supply, homes going under contract in about 21 days, and sellers getting 99.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Hillsboro?
The typical home in Hillsboro, OR is worth $512,474 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $514,950, about $284 per square foot.
Is Hillsboro cheaper than the rest of Oregon?
Hillsboro's median sale price of $514,950 is 2% lower than the Oregon statewide median of $525,500, and 25% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Hillsboro?
Homes in Hillsboro, OR spent a median of 21 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Hillsboro?
At the current 30-year fixed rate of 7.03%, 20% down on a $512,474 home is about $2,736 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $117,251 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $103,207.
Are home prices rising in Hillsboro?
The typical home value in Hillsboro, OR fell 3.9% over the last 12 months, from $533,131 to $512,474 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Hillsboro?
Hillsboro ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Hillsboro?
That depends on your timeline, not on a headline. What the data says today: Hillsboro, OR is a seller's market with 2.4 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 22.0x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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