Is Clackamas County, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clackamas County was a Seller's Market.
Housing Prices in Clackamas County, OR
How much do homes in Clackamas County, OR cost?
Median Sold Price
$610,000
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clackamas County was $610,000 in March 2024, up 0.2% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $251K | $272K | +8.4% |
2 Bedrooms | $410.9K | $415.5K | +1.1% |
3 Bedrooms | $552K | $550.2K | -0.3% |
4 Bedrooms | $716.1K | $713.4K | -0.4% |
5+ Bedrooms | $875K | $888K | +1.5% |
Summary: Clackamas County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.4%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Counties
Yamhill County | $474.7K | $480.6K | +1.2% |
Clackamas County | $608.4K | $610K | 0.2% |
Marion County | $440.8K | $441.2K | 0.1% |
Washington County | $579.8K | $579.9K | 0.0% |
Multnomah County | $516.7K | $499.9K | -3.2% |
Housing Supply in Clackamas County, OR
How many homes are available in Clackamas County, OR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2,136 | 2,245 | +5.1% |
Summary: The Clackamas County real estate market had 2,245 homes for sale in March 2024, a 5.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 25 | 27 | +8.0% |
2 Bedrooms | 184 | 191 | +3.8% |
3 Bedrooms | 812 | 852 | +4.9% |
4 Bedrooms | 820 | 857 | +4.5% |
5+ Bedrooms | 295 | 318 | +7.8% |
Summary: The Clackamas County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 7.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
233 | 277 | +18.9% |
Asking Price vs. Sold Price
109 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
94 Homes Were Sold
Over Asking
Summary: A total of 277 homes were sold or pending in Clackamas County in March 2024, up by 18.9% month-over-month. Of the 277 sold homes, 39% were sold under asking, 27% were sold at asking, and 34% were sold over asking.
Days on Market for Clackamas County, OR
How long does it take to sell a home in Clackamas County, OR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 64 Days | +34.8% |
Summary: Homes in Clackamas County had an average of 64 days on market in Mar 2024, up by 34.8% compared to last year.
Breakdown of Home Sale Times
156 Homes Were Sold
Under 30 Days
49 Homes Were Sold
In 30 - 90 Days
72 Homes Were Sold
Over 90 Days
Summary: During March 2024, 277 homes were sold in Clackamas County; 56% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.