How much is a home in 97124 worth?

The typical home value in 97124 is $537,669, down 2.5% over the past year. The median list price is $550,000.

How fast are homes selling in 97124?

Homes in 97124 are spending a median of 55 days on the market. There are 106 homes for sale, with 32 new listings added recently.

Are sellers cutting prices in 97124?

Yes. 38.4% of listings in 97124 have had a price cut, which points to a market where buyers have some room to negotiate.

Market Intelligence · OR / Hillsboro

Hillsboro, OR 97124 Housing Market

The typical home value in Hillsboro, OR 97124 is $537,669, down 2.5% over the past year. The median list price stands at $550,000, and homes are spending a median of 55 days on the market.

Updated August 2026Median value$532K

The median home value in Hillsboro, OR 97124 is $532K as of August 2026, down 2.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 97124 range

$489K to $574K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.1% over 12 months

Aug 2025$544K

Low $532KHigh $544K

Aug 2026$532K

The numbers

What is the 97124 housing market like?

As of August 2026

Typical home value

$532K

2.1%YoY

Median list price

$550K

4.3%MoM

Days on market

17.0%MoM

Homes for sale

106

4.5%MoM

Price cuts

38.4%

5.6%MoM

New listings

30.4%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 97124 home prices compare?

97124$531,938
Hillsboro$524,509
Oregon$458,140
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Hillsboro: 2 ZIPs; Oregon: 339 ZIPs; United States: 26,265 ZIPs).

Context

There are 106 homes for sale in 97124, with 32 new listings added recently. The median list price of $550,000 sits above the typical home value of $537,669, which has fallen 2.5% over the past year. Homes are taking a median of 55 days to sell, and 38.4% of listings have had a price cut. That share of reductions suggests many sellers are starting too high and adjusting down. For a seller, pricing accurately from day one matters more than usual in this market.

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