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 January 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

$606,357

$307/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$3,147(-0.5%)

Key Takeaway

Homes in Clackamas County have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in Clackamas County was $606,357 in January 2024, down 0.5% from last year, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $248.7K$273.4K
+9.9%
2 $413.9K$417.8K
+0.9%
3 $552.1K$550.1K
-0.4%
4 $711.1K$711.6K
0.1%
5+ $895.4K$889.2K
-0.7%

Summary: Clackamas County housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 0.7%.

Median Sold Price Compared To Nearby Counties

Yamhill County
+1.0%
Marion County
0.5%
Clackamas County
-0.5%
Washington County
-0.9%
Multnomah County
-3.8%

Housing Supply in Clackamas County, OR

How many homes are available in Clackamas County, OR?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1,9311,9380.4%

Summary: The Clackamas County real estate market had 1,938 homes for sale in January 2024, a 0.4% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 2421
-12.5%
2 168165
-1.8%
3 728735
+1.0%
4 744748
0.5%
5+ 267269
+0.7%

Summary: The Clackamas County housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 0.7%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
269206-23.4%

Asking Price vs. Sold Price

112 Homes Were Sold
Under Asking

47 Homes Were Sold
At Asking

46 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. 54.6% of homes here sold below asking price last month.

Summary: A total of 206 homes were sold or pending in Clackamas County in January 2024, down by 23.4% month-over-month. Of the 205 sold homes, 55% were sold under asking, 23% were sold at asking, and 22% 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

Jan 2023Jan 2024CHANGE
57 Days51 Days-10.8%

Summary: Homes in Clackamas County had an average of 51 days on market in Jan 2024, down by 10.8% compared to last year.

Breakdown of Home Sale Times

97 Homes Were Sold
Under 30 Days

71 Homes Were Sold
In 30 - 90 Days

38 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 January 2024, 206 homes were sold in Clackamas County; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 18% 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 21 Days Ago

Newest Listings in Clackamas County, OR

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