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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clackamas is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Clackamas, OR

How much do homes in Clackamas, OR cost?

Median Sold Price

$585,000

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-0.8%)

Key Takeaway

Homes in Clackamas have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Clackamas was $585,000 in November 2024, down 0.8% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K$220.5K
0.2%
2 $354.5K$415K
+17.1%
3 $552.5K$560K
+1.4%
4 $640K$649K
+1.4%
5+ $717.9K$670K
-6.7%

Summary: Clackamas housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 6.7%.

Median Sold Price Compared To Nearby Cities

Gladstone
+5.4%
Damascus
+5.4%
Northwest Clackamas
+3.4%
Happy Valley
+0.8%
Clackamas
-0.8%

Housing Supply in Clackamas, OR

How many homes are available in Clackamas, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6960-13.0%

Summary: The Clackamas real estate market had 60 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 23
+50.0%
3 2419
-20.8%
4 3025
-16.7%
5+ 99
0.0%

Summary: The Clackamas housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 20.8%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clackamas, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Clackamas in November 2024, the same as the previous month. Of the 15 sold homes, 27% were sold under asking, 33% were sold at asking, and 40% were sold over asking.

Days on Market for Clackamas, OR

How long does it take to sell a home in Clackamas, OR?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days18 Days-40.2%

Summary: Homes in Clackamas had an average of 18 days on market in Nov 2024, down by 40.2% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 15 homes were sold in Clackamas; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Clackamas, OR

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