Is Oregon City, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oregon City is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Oregon City has remained a Seller's Market.

Key Takeaway

Oregon City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Oregon City, OR cost?

Median Sold Price

$534,716

$292/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$61,966(+13.1%)

Key Takeaway

Homes in Oregon City have sold for 13.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $327.5K$355K
+8.4%
2 $360.7K$388.4K
+7.7%
3 $445K$520K
+16.9%
4 $537.2K$585K
+8.9%
5+ $596.2K$662.5K
+11.1%

Median Sold Price Compared To Nearby Cities

Beavercreek
+25.4%
West Linn
+16.0%
Gladstone
+14.7%
Oregon City
+13.1%
Northwest Clackamas
+9.5%

How many homes are available in Oregon City, OR?

Number of Homes For Sale

May 2022Jun 2022%
107142+32.7%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 02
+100.0%
2 1216
+33.3%
3 4865
+35.4%
4 4053
+32.5%
5+ 76
-14.3%

Number of Homes Sold

May 2022Jun 2022%
3945+15.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oregon City, you could pay more than the asking price. 71.1% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
6 Days9 Days+30.6%

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Oregon City, OR

Oregon City, OR has 142 homes for sale to choose from. The number of homes for sale in Oregon City, OR increased by 32.7% between May 2022 and June 2022. While the average time on the market in June 2022 was 9 days, the median list price was $534,716. From May 2022 through June 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 8.4%, 2 bedrooms properties prices increased by 7.7%, 3 bedrooms properties became 16.9% more expensive, the cost of 4 bedrooms properties went up by 8.9%, 5 bedrooms properties became 11.1% more expensive. This housing market inventory have changed: number of 1 bedroom homes increased by 100%, number of 2 bedrooms homes increased by 33.3%, volume of 3 bedrooms homes went up by 35.4%, volume of 4 bedrooms homes went up by 32.5%, volume of 5 bedrooms homes went down by 14.3%. In June 2022 more than 32 listings in Oregon City, OR were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 8 were sold below.

Related Housing Market Reports