Published October 9, 2026 in Market Update

One part of Beaverton moves fast even with rates at 7.40%

By Tony Apa

Real estate, Beaverton

Freddie Mac put the 30-year fixed rate at 7.40% as of October 8, 2026. That is real money on every monthly payment. Yet the Real Estate Data Aggregator counted 76 homes sold in ZIP 97008 in the three months ending August 31, 2026, and the median days on market there was just 14. Speed is still happening in Beaverton. It just is not happening everywhere equally.

ZIP 97008: the fastest corner of Beaverton

The Real Estate Data Aggregator shows that 52.4% of homes in ZIP 97008 went pending within two weeks of listing. That share rose 16.6 points from the same period in 2025. Nearly 1 in 3 homes there sold above list price, and the average sale came in at 99.8% of asking. If you are buying in 97008, clean terms and quick timing are not optional. Hesitation costs you the home.

The median sale price in 97008 dipped 2.1% from a year before, to $567,657. So sellers: speed is real, but price still matters. A well-prepped home at the right number moves in two weeks. An overpriced one does not.

How the other ZIP codes compare

Not every part of Beaverton moves at 97008's pace. The Real Estate Data Aggregator shows real differences across the five ZIP codes for the three months ending August 31, 2026.

ZIP 97005 was second fastest. The Real Estate Data Aggregator counted 62 homes sold there, up 26.5% from a year before, with a median of 22 days on market. But the median sale price there fell 6%, to $484,000. More homes sold, and they sold faster, yet at lower prices. That is a different story than 97008.

Rates are up. Beaverton is still moving.

Freddie Mac put the 30-year fixed rate at 7.40% as of October 8, 2026. Realtor.com reported that mortgage rates climbed above 7% for the first time since January 2025. Nationally, Realtor.com noted that price cuts hit 20.8% of listings in September, the highest since October 2022. Beaverton is not immune to that pressure. ZIP 97005 and 97007 both saw median prices dip year over year.

Still, the Real Estate Data Aggregator counted 586 homes sold across Beaverton in the three months ending August 31, 2026. That is up 15.6% from the same period in 2025. Pending sales across all five ZIP codes rose 3.1% year over year to 593. The market is not stalled. It is sorted.

What this means if you are selling

In 97008, strong prep and a sharp price still earn fast results. The data backs that up. In 97003, the median days on market fell 14 days from a year before, and nearly 3 in 10 homes sold above list price. That is real traction. In 97006, the median price rose 6.2% and homes sold jumped 26.2%. Each ZIP code tells its own story.

What this means if you are buying

In 97008, more than half of homes were gone within two weeks. You need a lender letter ready before you look. You need to know your number before you walk in the door. In 97005 and 97007, you have a little more time, but not much. Months of supply across Beaverton sits between 2.5 and 3.6 months. That is still a seller-leaning market.