Cedar Mill, Hillsboro, OR
Cedar Mill — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Cedar Mill, Hillsboro, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Cedar Mill Neighborhood Overview
Cedar Mill is an established, affluent neighborhood in Hillsboro, Oregon, within Washington County and ZIP code 97229. It offers a balanced suburban lifestyle with a notable emphasis on walkability, as reflected in its EPA Walkability Index score of 15.1 out of 20. The community is characterized by its high median household income of $150,580 and its upper-mid market tier positioning.
Lifestyle & Amenities
Residents enjoy a convenient lifestyle with essential services and green spaces within walking distance. The neighborhood's strong walkability score facilitates easy access to local shops and community parks. Its central location provides quick connections to the broader amenities of the Portland metropolitan area while maintaining a distinct, quieter suburban feel.
Real Estate Market
The Cedar Mill real estate market is robust and active, with a median home value of $690,400. In 2023, there were 1,626 mortgage originations, overwhelmingly conventional loans at 1,557, indicating a strong market for buyers with established credit. The median gross rent is $1,836 per month, reflecting the area's desirability.
Schools & Education
Families in Cedar Mill are served by several highly-rated schools within a short distance. These include Terra Linda Elementary School (0.73mi), Tumwater Middle School (0.61mi), and the prestigious Sunset High School (0.49mi). Additional options like Bonny Slope Elementary and Meadow Park Middle School are also conveniently located nearby.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roads like Highway 26 and Cornell Road, facilitating easy commutes to Hillsboro's tech campuses and downtown Portland. Its inherent walkability reduces reliance on cars for daily errands. Public transit options are readily available, linking residents to the wider regional network.
Why Choose Cedar Mill
Cedar Mill is an ideal choice for professionals and families seeking an affluent, well-connected suburban community with top-tier schools. It successfully blends the convenience of walkable amenities with the space and comfort of single-family homes. The strong real estate market and high household income underscore its status as a stable and desirable place to live.
Cedar Mill Market Data
| Metric | Value |
|---|---|
| Median Home Price | $690K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $151K |
| Homeownership Rate | 69.4% |
| Renter-Occupied | 30.6% |
| Rental Vacancy Rate | 2.9% |
| Market Type | Seller's |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97229 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 1,626 |
| VA Loan Originations | 24 |
| VA Loan Share | 1.5% |
| Conventional Loan Originations | 1,557 |
| FHA Loan Originations | 45 |
Top Real Estate Agents in Cedar Mill, Hillsboro
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Cedar Mill, Hillsboro, 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