Five Oaks, Hillsboro, OR
Five Oaks — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Five Oaks, Hillsboro, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Five Oaks Neighborhood Overview
Five Oaks is an established residential neighborhood in Hillsboro, Oregon, within Washington County and ZIP code 97003. It offers a balanced suburban lifestyle with a notable emphasis on walkability and community. The area is characterized by its mature landscaping and proximity to key amenities and employment centers.
Lifestyle & Amenities
Residents enjoy a highly walkable environment, scoring 16.7 out of 20 on the EPA National Walkability Index. The neighborhood is adjacent to the Five Oaks/Triple Creek and Gray Oak areas, providing extended access to local parks and green spaces. This connectivity supports an active, community-oriented lifestyle for all ages.
Real Estate Market
The Five Oaks real estate 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 housing sector. The median gross rent is $1,816 per month.
Schools & Education
Families are served by several nearby schools, including Elmonica Elementary and Five Oaks Middle School within half a mile. High school options include Beaverton Academy of Science and Engineering and Community School, both just over a mile away. This provides a range of educational pathways for students.
Transportation & Connectivity
The neighborhood's excellent walkability reduces reliance on cars for daily errands. Its location in Hillsboro offers convenient access to major employment hubs, including the Intel campuses and downtown Portland. Major roads and public transit provide strong regional connectivity.
Why Choose Five Oaks
Five Oaks appeals to those seeking a walkable, established community with a strong sense of place. With a median household income of $92,733, it represents a stable and prosperous suburban environment. The combination of good schools, active housing market, and convenient location makes it a compelling choice in the Portland metro area.
Five Oaks 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 Five Oaks, Hillsboro
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Five Oaks, 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