Hillsboro & Beaverton Real Estate Market Report — August 2026: Prices, Inventory & Days on Market

In one sentence: as of August 2026, Hillsboro and Beaverton are balanced markets with elevated inventory, longer days on market than last year, and a notable share of active listings with price reductions — a workable window for prepared buyers and a signal to sellers to price with the current data, not with 2022 comps.

If you are trying to make a real decision about buying or selling in Hillsboro or Beaverton this month — not doom-scrolling headlines — you need three numbers for your specific area: median price, days on market, and the share of listings with price reductions. Here is where those numbers sit right now, sourced from RMLS-driven local reports and the major listing platforms.

The short answer (August 2026)

• Hillsboro — median list price roughly $604,900 in 97124 (Orenco / North) and $642,475 in 97123 (South Hillsboro / Central) per the Hillsboro Herald's July 14, 2026 update. RealTrends Verified reported a Hillsboro-wide median list of $629,980 on August 6, 2026, with 42 days on market and 44.3% of active listings marked as price-decreased.
• Beaverton — median sale price around $580,884 in June 2026 per Redfin, down roughly 4.3% year over year. Homes.com reported a July 2026 median home price of $549,000, average sale price of $551,738, and about 53 average days on market.
• Portland Metro overall — the Giving Group Realty / RMLS-sourced July 2026 report pegged the metro at a $545,000 median sold price, 3.6 months of inventory, and a 16-day median days-on-market for actively priced homes.

Translation: this is a balanced market. Not a crash, not a boom. Prepared buyers have negotiating room they did not have two years ago. Sellers who price with the current data are still closing well.

What actually matters more than the median

Citywide medians are useful for headlines but misleading for decisions. A move-in-ready home in a top-rated school zone in South Hillsboro will behave completely differently from a fixer in an Intel-adjacent Orenco pocket that competes with fresh new construction inventory a mile away. Reporting from Ark Realty Group in April 2026 documented Hillsboro's split clearly: South Hillsboro homes selling in an ~18-day median, versus 60-75+ days in the Intel-adjacent neighborhoods facing new-construction competition and slower employment-tied demand.

The same is true in Beaverton, where 97007 and 97008 pockets often run tighter than 97003, and where new-construction developments create their own micro-markets with different pricing dynamics than resale.

What this means if you are buying

• Get pre-approved before you tour. With DOM in the 25-56 day range, you are not in a market where you have to write blind. But when the right home shows up, having financing already sorted is what turns a browser into a buyer.
• Look at listings sitting 21+ days. These are the ones where a well-priced, well-timed offer with an inspection contingency has real leverage. Watch for the second price reduction — that is often the seller's tipping point.
• Ask for the price-reduction ratio for your target zip code, not just the median price. Roughly 44-49% of active Hillsboro listings have taken a price cut. That is your negotiating anchor.

What this means if you are selling

• Price to the current comps, not the 2022 peak. The most expensive mistake sellers make in this market is anchoring to what the neighbor got in 2022. Homes that are priced correctly on day one are the ones closing near list. Homes that are aspirationally priced take one, sometimes two, reductions and then close well below where a correctly-priced day-one listing would have.
• Presentation is doing more work than it did a year ago. With buyers seeing more inventory, updated systems, energy-efficient features, thoughtful staging, and quality photography measurably move the needle.
• Consider the 30-day window. In balanced markets, the first three weeks on market are the highest-value window. If you get past day 21 without an offer, the story stops being "hot new listing" and starts being "why is this still sitting?" We revisit strategy at day 14, not day 45.

Neighborhood-level notes

• Orenco / North Hillsboro (97124) — Elevated inventory, longer DOM, and softer employment psychology tied to Intel-adjacent uncertainty. Real leverage for buyers of updated homes; sellers need sharp pricing.
• South Hillsboro (97123) — Newer inventory (Reed's Crossing, Rosedale) still moving reasonably fast. Best comparable-inventory competition from builder standing inventory.
• Central Beaverton (97005) — Wide price range, mixed inventory, older housing stock. Renovation-quality homes often outperform citywide DOM.
• West Beaverton (97007, 97008) — Family-oriented pockets and newer subdivisions. Well-priced homes in strong school zones still move.

What to do next

If you want to know exactly where your target home or your own home stands in this market — not the citywide headline, the actual data for your address and neighborhood — that is exactly the kind of report we pull for people every week. There is no obligation, and no email drip. Just the numbers for your specific situation.

Kent Bounds (Principal Broker, RE/MAX Equity Group) and Kionna Sakhoeun (Broker) work with buyers and sellers across Hillsboro, Beaverton, Forest Grove, Tigard, Sherwood, Newberg, and the broader Portland Metro. Call (503) 784-1065 or send a note through the contact page and we will pull the current numbers for your area.

Kent Bounds & Kionna SakhoeunRE/MAX Equity Group · Serving Washington County & the Portland Metro area. Call or text (503) 784-1065.