Oak Hills, OR housing market
Homes typically sell in 8 days, below asking.
Home values, sales, trends and how Oak Hills compares with the towns next door — updated as new data is published.
Oak Hills at a glance
A seller's market
Supply is tight — about 2.9 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Home prices up 34% in 5 years
The federal house price index for the ZIP codes around Oak Hills rose 34% over the past 5 years, about the same as across Oregon. Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Oak Hills home at roughly $898,000 today.
Show as a table
| Year | Change that year | Since 2000 | Oregon since 2000 |
|---|---|---|---|
| 2025 | −0.3% | +207% | +200% |
| 2024 | +0.7% | +208% | +197% |
| 2023 | +2% | +206% | +191% |
| 2022 | +15% | +200% | +188% |
| 2021 | +13% | +160% | +153% |
| 2020 | +1.5% | +130% | +122% |
| 2019 | +2.2% | +127% | +115% |
| 2018 | +5.6% | +122% | +106% |
| 2017 | +8% | +110% | +94% |
| 2016 | +13% | +94% | +79% |
| 2015 | +6% | +72% | +62% |
| 2014 | +12% | +62% | +50% |
| 2013 | +8.5% | +44% | +37% |
| 2012 | −0.3% | +33% | +29% |
| 2011 | −5% | +34% | +31% |
| 2010 | −6.9% | +41% | +40% |
| 2009 | −9.4% | +51% | +53% |
| 2008 | −3% | +67% | +70% |
| 2007 | +4.6% | +72% | +75% |
| 2006 | +18% | +64% | +66% |
| 2005 | +16% | +40% | +42% |
| 2004 | +8.3% | +20% | +22% |
| 2003 | +1.9% | +11% | +12% |
| 2002 | +4.1% | +8.7% | +8.3% |
| 2001 | +4.5% | +4.5% | +4.6% |
| 2000 | — | — | — |
How Oak Hills ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 97006, 97229, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Oak Hills and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Oak Hills | — | −0.3%† | $2,220 | — | $127,179 |
| Beaverton | $524K | −2.3% | $2,010 | 442 | $98,622 |
| Rockcreek | $613K | −1.6% | $2,150 | — | $107,101 |
| Bethany | — | −0.2%† | $2,130 | — | $167,735 |
| Cedar Mill | — | +0.7%† | $2,150 | — | $164,079 |
† FHFA price index change, where Zillow has no home value for the town.
5.1 years of income
The typical Oak Hills home costs about 5.1 years of the town's median household income, less than across Oregon (6 years).
How Oak Hills ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,220
HUD's Fair Market Rent for a two-bedroom in Oak Hills is $2,220 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Oak Hills pay a median of $1,935, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $1,810 · 4 bedrooms $3,600
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (97006, 97229; Portland-Vancouver-Hillsboro, OR-WA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.