Gray Oak, Beaverton, OR
Gray Oak — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Gray Oak, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Gray Oak Neighborhood Overview
Gray Oak is a residential neighborhood in Beaverton, Oregon, located in Washington County (ZIP 97003). It offers a balanced suburban lifestyle with convenient access to the amenities of the broader Beaverton area. The neighborhood is characterized by its quiet streets and family-friendly atmosphere.
Lifestyle & Amenities
Residents enjoy a high degree of walkability, with a score of 16.7 out of 20 on the EPA National Walkability Index. The area is adjacent to several other established neighborhoods, including Elmonica and Five Oaks/Triple Creek. This central location provides easy access to local parks, shopping, and dining options.
Real Estate Market
The Gray Oak housing market is classified as Upper Mid tier, with a median home value of $428,800. In 2023, there were 430 mortgage originations, predominantly conventional loans (344), indicating a stable and active market. The median gross rent is $1,816 per month.
Schools & Education
Families are served by several nearby schools, including the highly proximate Elmonica Elementary School, just 0.17 miles away. Other options include Five Oaks Middle School and Beaverton Academy of Science and Engineering high school. The median household income in the area is $92,733.
Transportation & Connectivity
Its walkable design and central Beaverton location facilitate excellent connectivity for commuters. Major roads provide quick routes to the Sunset Highway (US 26) and other employment centers. This makes it a practical base for accessing the entire Portland metropolitan region.
Why Choose Gray Oak
Gray Oak presents an attractive package of walkable suburban living, solid school options, and a stable real estate market. It is ideal for professionals and families seeking a quiet neighborhood with above-average median incomes. The community offers a practical and comfortable lifestyle within the dynamic Beaverton area.
Gray Oak Market Data
| Metric | Value |
|---|---|
| Median Home Price | $429K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $93K |
| Homeownership Rate | 56.0% |
| Renter-Occupied | 44.0% |
| Rental Vacancy Rate | 4.5% |
| Market Type | Balanced |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97003 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 430 |
| VA Loan Originations | 25 |
| VA Loan Share | 5.8% |
| Conventional Loan Originations | 344 |
| FHA Loan Originations | 61 |
Top Real Estate Agents in Gray Oak, Beaverton
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Gray Oak, Beaverton, OR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15