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Area data

Hillsboro, OR — ZIP 97123

Population: 48,410 (Census ACS)

Home values & appreciation

Median home value
$522,539
1-year appreciation
-3.3%
3-year appreciation
-4.3%
5-year appreciation
+5.7%
10-year appreciation
+58.3%
All-time peak (2022-07)
$571,636
House Price Index
623.5 (+0.5% YoY)

Market activity

Median sale price
$314,500
Median list price
$310,000
Median days on market
39 days
Sale-to-list ratio
97.7%
Active listings
3
1-year forecast
-1.3%
Days to pending
43 days
New listings (monthly)
61

Rents

Typical rent
$2,404/mo
1-year rent change
-1.5%
1BR fair-market rent
$1,233/mo
3BR fair-market rent
$2,026/mo

Affordability

Cost of living index (Above Average)
101.5 (100 = US avg)
Electricity rate (state-level)
15.4¢/kWh
Natural gas rate (state-level)
$16.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
13
Elementary schools
9
Middle schools
2
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
coldWave, earthquake, heatWave, iceStorm, inlandFlooding
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
36
Days with Good air quality
269

Walkability & transit

Walkability index
7.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Fort Vancouver National Historic Site (20 mi)
Nearest airport
Sohler's Holly Hill Airport (2 mi)
Nearest major airport
Portland Hillsboro Airport (HIO) (7 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (3.6 kWh/m²/day)

Migration

Net migration
-1,175 tax filers

Housing stock

Median year housing built
1,994
Median annual property tax
$4,314
Mean commute to work
19 min
Households with broadband internet
82.2%

Employment & development

Total county employment
284,978
Average weekly wage
$1,698
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,992

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents