Foreclosure Homes in Hillsboro, OR 97123

Current Market Conditions in Hillsboro, OR

The real estate market in Hillsboro, OR, has been experiencing steady growth, marked by a robust demand for homes. The city's appeal due to its proximity to Portland and the abundance of community amenities has attracted many new residents. The current trend shows a balanced market with a slight upward trajectory in home prices, reflecting the overall demand in the area.

Hillsboro's housing market is competitive, with both new constructions and resale homes gaining traction among buyers. There has been an increase in home sales, with several neighborhoods experiencing faster-than-average price increases, especially in areas closer to schools and parks.

Rent Prices In Hillsboro, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hillsboro, OR, is on a rollercoaster ride. The average rent price in Hillsboro, OR, is $1,514.00. Indeed, when looking to rent in Hillsboro, OR, you can expect to pay as little as $720.00 or as much as $4,610.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Hillsboro, OR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.