Is Clackamas County, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clackamas County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Clackamas County was a Seller's Market.

Key Takeaway

Clackamas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

+$1,517(+0.2%)

Key Takeaway

The sold price of homes in Clackamas County has remained the same since last year.

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

# BEDSMar 2023Mar 2024CHANGE
1 $251K$272K
+8.4%
2 $410.9K$415.5K
+1.1%
3 $552K$550.2K
-0.3%
4 $716.1K$713.4K
-0.4%
5+ $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
+1.2%
Clackamas County
0.2%
Marion County
0.1%
Washington County
0.0%
Multnomah County
-3.2%

Housing Supply in Clackamas County, OR

How many homes are available in Clackamas County, OR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2,1362,245+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

# BEDSFeb 2024Mar 2024CHANGE
1 2527
+8.0%
2 184191
+3.8%
3 812852
+4.9%
4 820857
+4.5%
5+ 295318
+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 2024Mar 2024CHANGE
233277+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clackamas County, you may be able to get a good deal. 39.4% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
47 Days64 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clackamas County are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Clackamas County, OR

Nearby Markets to Clackamas County, OR

What housing markets are near Clackamas County, OR?