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Preforeclosure Homes in Hillsboro, OR

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Living in Hillsboro, OR

Hillsboro, OR, is a flourishing suburb of Portland characterized by its strong focus on community, outdoor activities, and educational excellence. This picturesque city offers a high quality of life with ample green spaces and a connected lifestyle. With a growing economy, Hillsboro is an ideal location for both families and real estate investors.

Current Market Conditions in Hillsboro, OR

The Hillsboro real estate market is currently experiencing steady growth, with a demand for houses increasing due to the influx of new residents drawn by job opportunities in tech and manufacturing. As a result, home prices have continuously appreciated over the past few years, making it a favorable area for investors seeking long-term value.

Single-family homes are the primary type of housing in Hillsboro, and the market is characterized by a low inventory of homes for sale. This ongoing scarcity has created competitive bidding, driving prices up and indicating a strong seller's market.

Home Value Estimator For Hillsboro, OR

There are currently 31,406 real estate properties in Hillsboro, OR, with a median automated valuation model (AVM) price of $537,326.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hillsboro, OR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hillsboro, OR, is $629,758.00, with the most expensive house in Hillsboro, OR, topping out at $124,939,952.00 and the cheapest home in Hillsboro, OR, clocking in at $17,938.00. In other words, there’s something for every potential homebuyer or savvy investor in Hillsboro, OR!

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.

Hillsboro, OR Preforeclosure Homes


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