Zip Code 97062

Tualatin, ORWashington/Clackamas County

Real Estate Market Analysis

Q3 2025 Report
$610,000 (2025 est.)
Median Home Value
~28,000 (2025 est.)
Population
$98,000
Median Income
Above average (GreatSchools 7-8/10)
School District Rating

Market Statistics

Property Values

$610,000 (2025 est.)
Median Home Value
$2,100/mo (2025 est.)
Median Rent
$315 (2025 est.)
Price per Sq Ft

Market Performance

Home Appreciation~3.2% year-over-year (2024-2025)
Market VelocityModerate; average days on market: 26
Foreclosure RateLow; below state average

Area Information

Area Size~8.2 sq mi
CountyWashington/Clackamas
Primary CityTualatin

Housing Profile

Housing Statistics

Total Housing Units~11,000
Owner Occupied~65%
Rental Properties~35%
Vacant Units~4%
New ConstructionActive, with several mid-sized subdivisions and multifamily projects underway

Housing Types

Single-family homesTownhomesApartmentsSenior living communities

Demographics

~28,000 (2025 est.)
Population
38.5
Median Age
$98,000
Median Income
~95% (unemployment ~5%)
Employment Rate
High; over 45% hold a bachelor’s degree or higher
Education Levels
Predominantly families and professionals; average household size: 2.7
Family Composition

Education Quality

School District Performance

Above average (GreatSchools 7-8/10)
District Rating
School DistrictTigard-Tualatin School District
Test ScoresConsistently above state average in math and reading
Graduation Rates~92%

Schools in Area

  • Tualatin High School
  • Hazelbrook Middle School
  • Bridgeport Elementary
  • Byrom Elementary

Economic Factors

Employment & Business

Job GrowthStable, ~1.5% annual growth
Unemployment Rate~5%
Business EnvironmentSupportive for small/medium businesses; proximity to Portland tech corridor
Commercial ActivityActive retail, healthcare, and light industrial sectors

Major Employers

  • Lam Research
  • Legacy Meridian Park Medical Center
  • Nike (nearby)
  • Intel (nearby)
  • Local logistics and manufacturing firms

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-5 freeway
  • WES commuter rail
  • TriMet bus lines

Utilities & Services

  • Portland General Electric
  • NW Natural Gas
  • City water/sewer

Quality of Life

Safety & Environment

Lower than Portland metro average; property crime moderate, violent crime low

High; clean air, extensive green spaces

Healthcare Access

  • Legacy Meridian Park Medical Center
  • Multiple urgent care clinics

Development Trends

Planned Developments

  • Mixed-use town center expansion
  • New multifamily complexes near WES station

Infrastructure Projects

  • Road widening on SW Tualatin-Sherwood Rd
  • Stormwater upgrades

Investment Outlook

Growth Outlook

Steady, with moderate population and housing growth projected through 2030

Investment Opportunities

  • Transit-oriented development
  • Small multifamily investments
  • Retail/medical office infill

Marketing Intelligence

Target Demographics

  • Young families
  • Dual-income professionals
  • Empty nesters/downsizers
  • Commuters to Portland

Competitive Advantages

  • Lower crime and congestion than Portland
  • Strong schools
  • Access to major employers

Pricing Strategies

Position just below Portland proper for value-conscious buyers; highlight cost savings vs. city core

Common Objections & Response Strategies

Objection: High home prices compared to national average

Response Strategy:

Emphasize local amenities, school quality, and long-term appreciation

Objection: Traffic congestion during peak hours

Response Strategy:

Highlight proximity to WES rail and flexible commuting options

Objection: Rainy weather

Response Strategy:

Promote indoor amenities, parks, and year-round activities

Professional Recommendations

1

Leverage school and park proximity in listings

2

Educate buyers on tax and commute advantages vs. Portland

3

Promote new construction and energy efficiency

4

Network with local employers for relocation leads

5

Monitor zoning and development updates for early investment opportunities

Competitive Analysis

Comparable Markets

  • Wilsonville (97070)
  • Tigard (97223)
  • Sherwood (97140)

Market Positioning

Family-friendly, commuter-accessible, strong value proposition

Competitive Advantages

  • Better schools and lower crime than Tigard/Portland
  • More affordable than Lake Oswego

Price Comparison

Slightly below Lake Oswego, above Tigard/Sherwood

Investment Metrics

~4.7% for single-family rentals
Cap Rates
~4.1% gross yield
Rental Yields
~24:1
Price-to-Rent
Moderate; positive cash flow possible with 20% down
Cash Flow
3-4% annually through 2027
Appreciation

Buyer Journey Insights

First-Time Buyers

May face affordability challenges; FHA/VA options available, strong support for down payment assistance

Move-Up Buyers

Attracted by larger homes, parks, and schools; motivated by equity gains

Downsizers

Appeal of single-level homes, condos, and proximity to healthcare

Investors

Seek stable rents, low vacancy, and long-term appreciation; multifamily and ADU potential

Relocators

Drawn by quality of life, schools, and access to Portland employment

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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