Market Overview
Home Prices in Hillsboro, OR
The median home value in Hillsboro, OR is $520,911 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.3% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hillsboro are priced27% above average. Hillsboro is part of the Portland-Vancouver-Hillsboro, OR-WA metro area.
Over the past five years, Hillsboro home values have risen by approximately8.0%, reflecting steady appreciation in this market.
Price History
Hillsboro Home Price Trend
City Comparison
Hillsboro vs. National Median
At $520,911, homes in Hillsboro cost 27% above the national median of $410,000. Buyers in Hillsboro should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hillsboro?
20% Down Payment
$104,182
on $520,911
Monthly P&I
$2,717/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,451/mo
incl. taxes & insurance
Income Needed
$138,040
gross annual (30% rule)
10% Down Option
$52,091
+ PMI applies
Loan Amount (20% dn)
$416,729
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hillsboro, OR?
The median home value in Hillsboro is $520,911 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.3% year-over-year.
How much have home prices changed in Hillsboro?
Over the past year, home values in Hillsboro have decreased by 3.3%. Over five years, prices have risen approximately 8.0%.
How much do I need to earn to buy a home in Hillsboro?
To comfortably afford the median home price of $520,911 with a 20% down payment ($104,182) at today's rates (6.8%), you'd need a gross annual income of approximately $138,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Hillsboro compare to the national average home price?
The national median home value is approximately $410,000. At $520,911, homes in Hillsboro are 27% above the national average.
What metro area is Hillsboro part of?
Hillsboro is part of the Portland-Vancouver-Hillsboro, OR-WA metropolitan area. Home prices and market conditions can vary across the broader metro region.