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HILLSBORO, OR 97124

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HILLSBORO, OR real estate market (97124) currently shows 101 active listings, with 42 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 47 days on market compared to 46 days last year.

The median listing price has fallen 8.2% year-over-year, from $616,962 to $566,075.

Whether you are buying or selling in HILLSBORO, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 54,493  ·  Density: 466.0/mi²  ·  Median household income: $106,228

Typical home value: $478,047  ·  Homeownership: 45.6%

Market Overview

Active Listings
101
⇩ 4.7% vs 106 last year
Pending
42
42% pending ratio
Median Price
$566,075
⇩ 8.2% vs $616,962 last year
Average Price
$627,265
⇩ 13.3% vs $723,387 last year
Days on Market
47
⇧ 2.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$295
⇩ 4.5% vs $309/sqft last year
Median Home Size
1,772 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 106 last year
  • Days on market: 47 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $566,075 (-8.2% YoY)
  • Average: $627,265 (-13.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.1 miles — 980 listings ($691,212,787 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97124Hillsboro, OR 971240.0 mi92$58,806,308$574,900$639,199
97003Beaverton, OR 970036.1 mi76$34,275,848$410,000$450,998
97229Portland, OR 972296.7 mi259$221,917,675$799,000$856,825
97005Beaverton, OR 970058.8 mi32$14,469,344$435,000$452,167
97133North Plains, OR 971339.0 mi31$23,877,843$615,000$770,253
97231Portland, OR 972319.6 mi23$21,117,059$657,000$918,133
97203Portland, OR 972039.8 mi102$42,432,102$399,450$416,001
97008Beaverton, OR 9700810.3 mi47$22,960,393$525,000$488,519
97221Portland, OR 9722111.7 mi32$61,255,136$944,800$1,914,223
97223Portland, OR 9722312.1 mi101$65,439,415$585,000$647,915
97205Portland, OR 9720512.4 mi40$25,935,040$374,900$648,376
98660Vancouver, WA 9866013.1 mi37$23,803,136$539,000$643,328
97201Portland, OR 9720113.1 mi108$74,923,488$350,000$693,736

Frequently Asked Questions

How many homes are for sale in HILLSBORO, OR 97124?

As of February 2026, there are 101 active listings in HILLSBORO, OR (zip code 97124), compared to 106 the prior year.

What is the median home price in HILLSBORO, OR 97124?

The median listing price in HILLSBORO, OR 97124 is $566,075 as of February 2026, a 8.2% decrease from $616,962 the prior year.

How long do homes stay on the market in HILLSBORO, OR?

Homes in HILLSBORO, OR 97124 spend an average of 47 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in HILLSBORO, OR 97124?

Based on current inventory and days-on-market data as of February 2026, HILLSBORO, OR 97124 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 46 days last year.

How much can I save on real estate commission in HILLSBORO, OR?

With SELL123.com's maximum 3% commission, sellers in HILLSBORO, OR 97124 save an estimated $11,322 compared to a typical 5% commission on the median listing price of $566,075. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.