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.
Home Trends in Five Oaks, OR
On average, homes in Five Oaks, Beaverton sell after 46 days on the market compared to the national average of 52 days. The median sale price for homes in Five Oaks, Beaverton over the last 12 months is $451,000, down 27% from the median home sale price over the previous 12 months.
Median Sale Price
$451,000
Median Single Family Sale Price
$500,000
Median Townhouse Sale Price
$377,500
Median 2 Bedroom Sale Price
$348,750
Median 1 Bedroom Sale Price
$237,000
Average Price Per Sq Ft
$292
Number of Homes for Sale
29
Last 12 months Home Sales
53
Median List Price
$422,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-27%
