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 seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Clackamas County, OR

How much do homes in Clackamas County, OR cost?

Median Sold Price

$617,738

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,275(+2.5%)

Key Takeaway

Homes in Clackamas County have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Clackamas County was $617,738 in October 2024, up 2.5% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $274.9K$277K
+0.8%
2 $409.8K$405K
-1.2%
3 $549.9K$559.9K
+1.8%
4 $705.2K$716.9K
+1.7%
5+ $892K$867.5K
-2.7%

Summary: Clackamas County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 2.7%.

Median Sold Price Compared To Nearby Counties

Washington County
+3.0%
Clackamas County
+2.5%
Marion County
+1.4%
Yamhill County
+1.1%
Multnomah County
+0.7%

Housing Supply in Clackamas County, OR

How many homes are available in Clackamas County, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,7861,818+1.8%

Summary: The Clackamas County real estate market had 1,818 homes for sale in October 2024, a 1.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 2735
+29.6%
2 177161
-9.0%
3 727724
-0.4%
4 606641
+5.8%
5+ 249257
+3.2%

Summary: The Clackamas County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 29.6%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
333370+11.1%

Asking Price vs. Sold Price

168 Homes Were Sold
Under Asking

101 Homes Were Sold
At Asking

101 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. 45.4% of homes here sold below asking price last month.

Summary: A total of 370 homes were sold or pending in Clackamas County in October 2024, up by 11.1% month-over-month. Of the 370 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% 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

Oct 2023Oct 2024CHANGE
46 Days48 Days+3.9%

Summary: Homes in Clackamas County had an average of 48 days on market in Oct 2024, up by 3.9% compared to last year.

Breakdown of Home Sale Times

194 Homes Were Sold
Under 30 Days

117 Homes Were Sold
In 30 - 90 Days

59 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 October 2024, 370 homes were sold in Clackamas County; 52% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in Clackamas County, OR

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