Is Oregon City, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Oregon City has remained a Seller's Market.
Housing Prices in Oregon City, OR
How much do homes in Oregon City, OR cost?
Median Sold Price
$596,000
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oregon City was $596,000 in April 2024, up 5.5% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $259.9K | $335K | +28.9% |
2 Bedrooms | $425K | $425K | 0.0% |
3 Bedrooms | $530K | $549.6K | +3.7% |
4 Bedrooms | $628K | $675K | +7.5% |
5+ Bedrooms | $749.9K | $728K | -2.9% |
Summary: Oregon City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Cities
Oregon City | $565K | $596K | +5.5% |
West Linn | $775K | $789.6K | +1.9% |
Northwest Clackamas | $620K | $625.4K | +0.9% |
Gladstone | $500K | $497.5K | -0.5% |
Beavercreek | $705K | $696.5K | -1.2% |
Housing Supply in Oregon City, OR
How many homes are available in Oregon City, OR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
160 | 171 | +6.9% |
Summary: The Oregon City real estate market had 171 homes for sale in April 2024, a 6.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 10 | -16.7% |
3 Bedrooms | 69 | 68 | -1.4% |
4 Bedrooms | 62 | 71 | +14.5% |
5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Oregon City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 42 | +20.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Oregon City in April 2024, up by 20.0% month-over-month. Of the 42 sold homes, 33% were sold under asking, 31% were sold at asking, and 36% were sold over asking.
Days on Market for Oregon City, OR
How long does it take to sell a home in Oregon City, OR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 27 Days | -7.3% |
Summary: Homes in Oregon City had an average of 27 days on market in Apr 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Oregon City; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.