River Terrace, Beaverton, OR
River Terrace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for River Terrace, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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River Terrace Neighborhood Overview
River Terrace is an established upper-mid market neighborhood in Beaverton, Oregon, within Washington County and ZIP code 97007. It offers a balanced suburban lifestyle with convenient access to the broader Portland metro area. The community is characterized by its quiet, residential streets and proximity to major employment centers.
Lifestyle & Amenities
The neighborhood provides a moderately walkable environment, scoring 13.5 out of 20 on the EPA National Walkability Index. Residents enjoy nearby shopping and dining options in adjacent areas like Progress Ridge, just over a mile away. Its location offers a blend of suburban tranquility with urban conveniences within a short drive.
Real Estate Market
River Terrace features a stable real estate market with a median home value of $544,100 and a median household income of $110,123. The 2023 mortgage data shows robust activity with 1,405 originations, predominantly conventional loans. Rental options are available with a median gross rent of $1,759 per month.
Schools & Education
Families in River Terrace are served by several highly-rated schools in the Beaverton School District. Mountainside High School is the closest secondary school, located just 0.62 miles away. Multiple elementary options are nearby, including Scholls Heights Elementary at 0.82 miles.
Transportation & Connectivity
The neighborhood is well-connected via major roads like Scholls Ferry Road and Highway 217, providing quick routes to downtown Beaverton, Portland, and the Silicon Forest tech corridor. While primarily car-dependent, its central location minimizes commute times. Public transit options are accessible for connections throughout the region.
Why Choose River Terrace
River Terrace appeals to those seeking a established, family-friendly community with strong schools and economic stability. It represents a valuable investment in a high-demand area of Washington County. The neighborhood successfully balances suburban comfort with the dynamic opportunities of the Portland metropolitan region.
River Terrace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $544K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $110K |
| Homeownership Rate | 76.1% |
| Renter-Occupied | 23.9% |
| Rental Vacancy Rate | 5.7% |
| Market Type | Balanced |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97007 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 1,405 |
| VA Loan Originations | 45 |
| VA Loan Share | 3.2% |
| Conventional Loan Originations | 1,266 |
| FHA Loan Originations | 94 |
Top Real Estate Agents in River Terrace, Beaverton
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for River Terrace, 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