Why Live in Five Oaks
Five Oaks in Beaverton, located 10 miles from Portland, is a neighborhood known for its proximity to major employers like Intel (5 miles away) and Nike (2 miles away). The area is surrounded by shopping centers and business districts, with convenient access to groceries at Fred Meyer and Costco. Dining options are diverse, featuring international cuisine such as Indian at Apna Chat Bhavan and Desi Bites, Chinese at Chang’s Mongolian Grill, Japanese at Shoten Japanese Dining, and African at Hayat African Halal Restaurant. Local favorites include Elmer’s Kitchen for German pancakes and Golden Valley Brewery and Restaurant for dry-aged steaks and seasonal beers. The Tualatin Hills Park & Recreation District offers year-round events, after-school programs, and summer activities. The neighborhood is served by highly rated schools: Elmonica Elementary School, Five Oaks Middle School, and Sunset High School. Homes in Five Oaks are primarily custom-built from the 1990s, featuring contemporary and mid-century modern styles, with a mix of townhouses, condos, and single-family homes. Recreational facilities include the Tualatin Hills Aquatic and Athletic Center, Beaverton Skate Park, Duck Pond Playground, and Waterhouse Park with its trail for cyclists and joggers. The area is well-connected with bus stops on Walker Road, Northwest 158th Avenue, and Northwest Cornell Road, and the MAX Blue Line light rail service. The crime rate in Five Oaks is lower than the national average, contributing to its appeal for families and professionals alike.
Frequently Asked Questions
Is Five Oaks a good place to live?
Five Oaks is a good place to live. Five Oaks is considered somewhat walkable and very bikeable with good transit options. Five Oaks has 8 parks for recreational activities. It is very dense in population with 17.0 people per acre and a median age of 36. The average household income is $106,431 which is above the national average. College graduates make up 54.5% of residents. A majority of residents in Five Oaks are renters, with 74.2% of residents renting and 25.8% of residents owning their home. A
local real estate agent serving Five Oaks can help you decide if this neighborhood is the right one for you. Learn more on our
Five Oaks neighborhood guide.
Is Five Oaks, OR a safe neighborhood?
Five Oaks, OR is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Five Oaks?
The median home price in Five Oaks is $391,550. If you put a 20% down payment of $78,300 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,030 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Five Oaks. The average household income in Five Oaks is $106K.
What are the best public schools in Five Oaks?
The best public schools that serve Five Oaks are:
What are the best private schools in Five Oaks?
The best private schools that serve Five Oaks are:
What are the most popular zip codes in Five Oaks, Beaverton, OR?
What are the most popular neighborhoods near Five Oaks, Beaverton, OR?
Are home prices dropping in Five Oaks?
Yes, home prices in Five Oaks are down 3% in the last 12 months.
Home Trends in Five Oaks, OR
On average, homes in Five Oaks, Beaverton sell after 182 days on the market compared to the national average of 70 days. The median sale price for homes in Five Oaks, Beaverton over the last 12 months is $480,000, up 30% from the median home sale price over the previous 12 months.
Median Sale Price
$480,000
Median Single Family Sale Price
$347,000
Median Townhouse Sale Price
$385,406
Median 2 Bedroom Sale Price
$266,694
Average Price Per Sq Ft
$193
Number of Homes for Sale
2
Last 12 months Home Sales
38
Median List Price
$391,550
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
30%