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 November 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

$617,352

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$14,108(+2.3%)

Key Takeaway

Homes in Clackamas County have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Clackamas County was $617,352 in November 2024, up 2.3% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $274.9K$275K
0.0%
2 $409.4K$402K
-1.8%
3 $549.9K$559.6K
+1.8%
4 $711.6K$715K
0.5%
5+ $889.5K$868.7K
-2.3%

Summary: Clackamas County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 2.3%.

Median Sold Price Compared To Nearby Counties

Clackamas County
+2.3%
Washington County
+2.2%
Multnomah County
+1.3%
Marion County
+0.6%
Yamhill County
0.3%

Housing Supply in Clackamas County, OR

How many homes are available in Clackamas County, OR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,7721,592-10.2%

Summary: The Clackamas County real estate market had 1,592 homes for sale in November 2024, a 10.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3631
-13.9%
2 155156
+0.6%
3 718639
-11.0%
4 621543
-12.6%
5+ 242223
-7.9%

Summary: The Clackamas County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.9%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 7.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
392321-18.1%

Asking Price vs. Sold Price

153 Homes Were Sold
Under Asking

81 Homes Were Sold
At Asking

87 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. 47.7% of homes here sold below asking price last month.

Summary: A total of 321 homes were sold or pending in Clackamas County in November 2024, down by 18.1% month-over-month. Of the 321 sold homes, 48% were sold under asking, 25% 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

Nov 2023Nov 2024CHANGE
42 Days53 Days+27.7%

Summary: Homes in Clackamas County had an average of 53 days on market in Nov 2024, up by 27.7% compared to last year.

Breakdown of Home Sale Times

170 Homes Were Sold
Under 30 Days

88 Homes Were Sold
In 30 - 90 Days

63 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 November 2024, 321 homes were sold in Clackamas County; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% 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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