City:

Tualatin, OR

Tualatin is a city in the state of oregon with a population of roughly 28,694. It is in Washington County, Oregon the Portland-Vancouver-Hillsboro, OR-WA core-based statistical areas (CBSA), and the Portland-Vancouver-Salem, OR-WA combined statistical area (CSA).Its Zip codes include 97062 .

Trends in Home Prices in Tualatin, Oregon

Tualatin is a city located in the Portland metropolitan area in Oregon. The population was estimated at 50,764 as of the 2010 census. Tualatin is bordered by Beaverton to the north, Gresham to the east, Hillsboro to the south and west, and Tigard to the northwest.

The city's economy is based on a variety of businesses including technology companies such as Intel and Nike, health care providers such as Providence Health & Services and Kaiser Permanente, food processing companies like Kraft Heinz Company and Nestle Purina PetCare Company, as well as retailers such as J.C. Penney Company and Macy's Department Store.

Real estate in Tualatin has seen strong growth over recent years with prices reaching all-time highs in some areas of town. In recent years there has been an increase in demand for housing due to an influx of families moving into the area from other parts of Oregon and Washington seeking jobs in nearby tech hubs like Portland and Seattle. Additionally, Tualatin has become a popular location for people who are looking for suburban living without having to leave metropolitan areas like Portland or Seattle.

There are a number of factors that have contributed to this strong real estate market including low unemployment rates (4% as of May 2017), good schools (including three high schools that rank among the top 100 nationally), proximity to major metropolitan areas ( Portland is about 30 minutes away by car), and a diverse range of housing options including single family homes, townhomes/condos/apartments, multi-family units (both traditional apartments complexes and newer "micro-units"), commercial properties (such as office buildings or retail stores), and industrial properties (such as warehouses).

One downside to this strong real estate market is that it can be difficult for first time homebuyers or people who are not wealthy enough to afford expensive homes to find listings they can afford within their budget range. Additionally, there has been an increase in price gouging by some sellers who are trying to take advantage of inflated prices caused by demand from buyers rather than actual increases in property values due to increased supply or improvements made on properties over time.

Price Index: Portland-Vancouver-Hillsboro, OR-WA

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