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Hillsboro, OR 97123 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Hillsboro, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 8484PendingPending sales: 1212
Hillsboro, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $535k$535kSoldMedian sold price (last 6 months): $525k$525k
What homes actually sell for in Hillsboro, OR
Distribution of 404 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $430k to $659k
$325k to $438k: 93 sales$325k$438k to $550k: 112 sales112sales$550k to $662k: 81 sales$550k$662k to $775k: 41 sales$775k to $888k: 15 sales$775k$888k to $1M: 8 sales$1M to $1.11M: 5 sales$1M$1.11M to $1.23M: 7 salesMedian $525k

What the numbers say

As of September 14, 2026, Resideline is tracking 84 active listings and 12 pending sales in ZIP code 97123. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $535,000, while the median of the 404 closed sales Resideline tracked over the last six months was $525,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97123 for 85 days.

Frequently asked questions

What is the median home price in 97123?

The median closed sale price in Hillsboro, OR 97123 was $525,000 over the last six months, based on 404 closed sales tracked by Resideline. The middle half of those sales ranged from $430,000 to $659,000.

Is 97123 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 84 active listings in 97123, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97123 currently looks like a balanced market.

Nearby ZIP code market data

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