Is Hillsboro, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Hillsboro has remained a Seller's Market.
Key Takeaway
Hillsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Hillsboro, OR cost?
Median Sold Price
$520,400
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$45,918(+9.7%)
Key Takeaway
Homes in Hillsboro have sold for 9.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | $254.9K | $292K | +14.6% |
| 2 Bedrooms | $348.4K | $385.9K | +10.8% |
| 3 Bedrooms | $455K | $512.9K | +12.7% |
| 4 Bedrooms | $555K | $615.5K | +10.9% |
| 5+ Bedrooms | $625K | $690.5K | +10.5% |
Median Sold Price Compared To Nearby Cities
| Rockcreek | $535K | $612.2K | +14.4% |
| Forest Grove-Cornelius | $461.6K | $511.2K | +10.8% |
| Beaverton-Hillsboro | $519.9K | $575.3K | +10.7% |
| Hillsboro | $474.4K | $520.4K | +9.7% |
| Chehalem Mountains | $675K | $680.7K | +0.9% |
How many homes are available in Hillsboro, OR?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 353 | 326 | -7.6% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 47 | 42 | -10.6% |
| 3 Bedrooms | 197 | 184 | -6.6% |
| 4 Bedrooms | 85 | 76 | -10.6% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 59 | 64 | +8.5% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hillsboro, you may be able to get a good deal. 42.2% of homes here sold below asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 17 Days | 41 Days | +140.2% |
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hillsboro are selling fast, if you're buying plan to act quickly.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2023 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.