Beaverton, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Beaverton Neighborhoods Since 2000




Beaverton, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Beaverton Housing Market Information

With 96,577 people, 37,238 houses or apartments, and a median cost of homes of $405,505, Beaverton house prices are not only among the most expensive in Oregon, Beaverton real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Beaverton, accounting for 42.13% of the city's housing units. Other types of housing that are prevalent in Beaverton include large apartment complexes or high rise apartments ( 38.52%), row houses and other attached homes ( 9.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.22%).

People in Beaverton primarily live in small (one, two or no bedroom) single-family detached homes. Beaverton has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Beaverton built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Beaverton built between 2000 and later ( 17.68%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.79%). There's also some housing in Beaverton built before 1939 ( 1.27%).

Beaverton Home Appreciation Rates

In the last 10 years, Beaverton has experienced some of the highest home appreciation rates of any community in the nation. Beaverton real estate appreciated 18.40% over the last ten years, which is an average annual home appreciation rate of 1.70%, putting Beaverton in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Beaverton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Beaverton that despite a nationwide downturn in the housing market, Beaverton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Beaverton appreciation rates continue to be some of the highest in America, at 11.86%, which is higher than appreciation rates in 97.27% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Beaverton. Beaverton appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.56%.

Importantly, this makes Beaverton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oregon, our data show that Beaverton's latest annual appreciation rate is higher than 80% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Beaverton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Beaverton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Beaverton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$405,505

Beaverton, OR HOME PRICES

Value Range
> $1,396,000 0.8
$1,047,001 - $1,396,000 0.7
$698,001 - $1,047,000 7.0
$559,001 - $698,000 10.5
$419,001 - $559,000 24.7
$279,001 - $419,000 32.8
$140,001 - $279,000 17.6
$70,001 - $140,000 2.3
$0 - $70,000 3.7

Very High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
9.2405953357553 11.5942028985507

Number Of Homes And Apartments:
37,238

Beaverton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
98.55% 4.06% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,676 / per month

Homeownership Rate

Homeownership
Owners 46.81
Renters 53.19
Vacant 5.58

Housing Market Details

 

Age of Homes

AGE OF Beaverton HOMES
2000 or Newer 17.7
1970 - 1999 64.3
1940 - 1969 16.8
1939 or Older 1.3

Types of Homes

TYPE OF Beaverton HOMES
Single-Family 42.1
Townhomes 9.6
Small Apt. Buildings 9.2
Apt. Complexes 38.5
Mobile Homes 0.5
Other 0.1

Home Size

SIZE OF Beaverton HOMES
No Bedroom 1.02
1 Bedroom 16.70
2 Bedrooms 33.74
3 Bedrooms 31.11
4 Bedrooms 13.62
5 or more bedrooms 3.81