The story of this market
The typical home in ZIP 97229 sells for about $778,000, or $312 per square foot.
Prices are down 3.3% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 97229 — Beaverton
The 97229 housing market is currently experiencing a seasonal cooling period with rising inventory and longer days on market. While median prices remain high, the market is shifting toward a more balanced environment for buyers compared to the competitive spring season. Local demand remains supported by the strong tech-sector employment base in the surrounding region.
This ZIP is ideal for families and tech-sector professionals seeking high-quality schools, suburban amenities, and proximity to major employment hubs in the Portland metro area.
Median prices moved down 3.3% year over year.
Homes spend a median of 28 days on market with 2.5 months of supply — a fast-moving market.
40% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 97229, Oregon
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area generally experiences lower crime rates compared to the broader Portland metropolitan region, with property crime being the primary concern.
The ZIP is served by highly-rated schools within the Beaverton School District, which is widely recognized for academic excellence and strong student performance.
The area faces moderate wildfire risk during dry summer months and is subject to standard regional seismic and flood hazard planning protocols.
Economic momentum is driven by proximity to the Silicon Forest tech corridor, including major employers like Intel, and ongoing residential development in the Bethany area.
Property taxes are assessed by Washington County based on real market value, with rates influenced by local school district levies and municipal service districts.
Commuters primarily utilize Highway 26 to reach downtown Portland or the tech hubs in Hillsboro, with transit options limited to regional bus lines.
The area features extensive access to green spaces such as Forest Park, various community parks, and proximity to the Tualatin Hills Park & Recreation District facilities.
The rental market is characterized by high demand from tech professionals, though inventory has seen recent pressure due to seasonal shifts and local economic adjustments.
The economy is heavily influenced by the nearby Silicon Forest, with Intel being a primary employer, alongside a mix of healthcare and professional services.
Transportation is primarily car-dependent, with Highway 26 serving as the main artery for regional access.
Development is focused on residential infill and the expansion of mixed-use commercial nodes in the Bethany area.
Parcels are primarily served by the Beaverton School District and various local water and fire protection districts.
Property insurance premiums are stable but reflect regional risks associated with wildfire and seismic activity.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Hopscotch Portland4.88 mi
- Oaks Amusement Park4.49.3 mi
- Langer's Entertainment Center4.413.7 mi
- Bullwinkle's4.417.4 mi
- Sky Zone Trampoline Park3.86.4 mi
- Moda Center4.57.1 mi
- Providence Park4.66.2 mi
- Oregon Convention Center4.57.3 mi
- Revolution Hall4.68 mi
- Portland Art Museum4.66.7 mi
- Powell's City of Books4.96.6 mi
- Oregon Zoo4.55.7 mi
- Portland Japanese Garden4.65.6 mi
- The Grotto4.711.3 mi
- Providence Park4.66.2 mi
- Portland Japanese Garden4.65.6 mi
- OMSI4.57.7 mi
- The Grotto4.711.3 mi
- Hopscotch Portland4.88 mi
- Portland Art Museum4.66.7 mi
- Portland Japanese Garden4.65.6 mi
- The Grotto4.711.3 mi
- International Rose Test Garden4.85.7 mi
- Laurelhurst Park4.79.1 mi
- Pioneer Courthouse Square4.46.8 mi
- Fred's Marina4.44.1 mi
- Riverplace Marina4.67.4 mi
- Tomahawk Bay Marina4.37.9 mi
- Columbia Crossings47.9 mi
- Topgolf Hillsboro4.55.6 mi
- RedTail Golf Center47 mi
- Heron Lakes Golf Course4.15.8 mi
- The Reserve Vineyard & Golf Club4.67.4 mi
- Eastmoreland Golf Course4.310 mi
- Washington Square4.47.6 mi
- Vancouver Mall4.212.7 mi
- Uwajimaya Beaverton4.75.2 mi
- Bridgeport Village4.411.6 mi
- Fred Meyer48.5 mi
- Portland International Airport4.510.6 mi
- Providence Saint Vincent Hospital Heliport4.63.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
One of the largest urban forests in the United States, offering extensive hiking and biking trails.
A central hub for local retail, dining, and community services.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).