Tigard Oregon Market Update
Tigard, Oregon is located south of downtown Portland about 20 minutes based on traffic. Is easily accessible from Beaverton on Highway 217 or Interstate 5 and many people that live in Tigard commute to downtown Portland for work.Tigard is home to about 50,000 residents and was first incorporated in 1961 and as of 2007 it is the state's 12th largest city.
Tigard is perfect for families, first-time homebuyers, investors and anyone looking for a small town feel yet just minutes from the bustling downtown of Portland. It features numerous residential neighborhoods, parks, shops, restaurants and more. Movie theaters, markets and just about anything a typical homeowner would want is all within easy reach of most Tigard neighborhoods.
The median sale price for homes in Tigard is currently $345,000. Approximately $177 per square foot with the median rent of about $1900 per month. Of its surrounding areas including Lake Oswego and Tualatin, it's relatively more affordable.
At any given time there are roughly 75 to 125 properties for sale priced from smaller lots of about $125,000 to larger homes and lots over $1 million. However, some of the highest priced homes in Tigard are still far less than neighboring cities or towns. Typically the highest price is about $1 million with larger lands and acreage of about $1.2 million. Tigard stretches from Interstate 5 west to Scholls and Farmington and covers the intersection of 99 W. and Highway 217.
Some basic demographics of the Tigard area: 66% of residents are homeowners with the median age of 38 and median household income of about $56,000. 47% are college educated and 42% are single residents. 91% commute by car in just 4% by public transportation.
The following are homes for sale that are updated daily as well as pending sales and sold homes in the last 3 months in the Tigard area. For more details or to find out your home's value or to view any of the current listings, please contact me today. (The image shown is from an actual MLS listing for Tigard Oregon.)