One part of Hillsboro is moving faster on less supply
The tightest part of Hillsboro right now is 97124. The Real Estate Data Aggregator counted 2.2 months of supply there in the three months ending August 31, 2026. That is a full 1.1 months tighter than 97123. Fewer choices for buyers means less time to decide.
| 97124 | 97123 | |
|---|---|---|
| Median sale price | $550,000 | $552,000 |
| Months of supply | 2.2 | 3.3 |
| Median days on market | 14 | 20 |
| Homes sold | 158 | 77 |
| Sale to list price | 99.7% | 99.4% |
97124: Supply dropped and sales picked up
The Real Estate Data Aggregator counted 158 homes sold in 97124 in the three months ending August 31, 2026. That is up 10.5% from the same period in 2025. At the same time, homes for sale fell 20% year over year, to 112. Less inventory and more sales pushed months of supply down 0.8 months from a year ago.
In 97124, the Real Estate Data Aggregator found that 41.4% of homes went under contract within two weeks of listing. That share rose 5.2 points from a year ago. Nearly 1 in 4 homes sold above list price, up 2.3 points year over year.
97123: Prices rose, but fewer homes traded
The Real Estate Data Aggregator counted 77 homes sold in 97123 in the three months ending August 31, 2026. That is down 11.5% from a year ago. The median sale price was $552,000, up 7.6% year over year. Prices moved up even as sales volume slipped a little.
In 97123, the Real Estate Data Aggregator found that 47.3% of homes went under contract within two weeks of listing. That is a higher share than 97124. Still, median days on market was 20 days, six days longer than in 97124. Not every home moved at the same pace.
Rates add weight to every decision
Realtor.com reported that mortgage rates in the Portland-Vancouver-Hillsboro metro area were 6.9% in September 2026. Realtor.com also put the metro median home price at $587,750 that same month. Those two numbers together shape what buyers can afford and how long they take to act.
Nationally, Realtor.com reported that 20.8% of listings saw a price cut in September 2026, the highest share since October 2022. In Hillsboro, sellers in 97124 averaged 99.7% of list price. That gap tells you the local story is different from the national one.
- 97124 had tighter supply, faster sales and a shorter market time in the three months ending August 31, 2026. 97123 saw stronger price growth but fewer homes sold.
- Both ZIP codes are part of the same city, but they read differently right now.
One street can read very differently from the ZIP code around it. The numbers above cover whole ZIP codes. Your block may be moving faster or slower than the averages show. Text me your address and I will tell you where your street stands.
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(503) 300-6224Text me your address and I will send back how 97124 or 97123 compares with your specific street in Hillsboro, including days on market and what homes near you actually sold for. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 97123 and 97124, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in August; Up 2.4 Percent from Last Year | FHFA, Oct 27, 2026
- Redfin: U.S. Home-Sale Prices Just Fell for the First Time in 3 Years, Oct 29, 2026
- CNBC: Home prices fall and rents rise, both for the first time in three years, Oct 29, 2026
- No Real Estate Data Aggregator numbers for 97129, so this part is from websites alone.