Oregon City appreciation rates and housing market information

Oregon City housing market information

With 25,533 people, 10,165 houses or apartments, and a median cost of homes of $328,648, real estate costs in Oregon City are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Oregon communities.

single-family detached homes are the single most common housing type in Oregon City, accounting for 62.17% of the city's housing units. Other types of housing that are prevalent in Oregon City include large apartment complexes or high rise apartments (19.59%), duplexes, homes converted to apartments, or other small apartment buildings (12.03%), mobile homes or trailers (3.42%), and a few row houses and other attached homes (2.78%).

The most prevalent building size and type in Oregon City are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 55.68% owning, and 37.88% renting.

There is a lot of housing in Oregon City built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Oregon City built from 1995 and later (24.11%). A lesser amount of the housing stock also hails from 1940-1969 (18.36%), and some were built from 1939 and earlier (18.36%).

Oregon City home appreciation rates

In the last 10 years, Oregon City has experienced some of the highest home appreciation rates of any community in the nation. Oregon City real estate appreciated 142.25% over the last ten years, which is an average annual home appreciation rate of 14.22%, putting Oregon City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oregon City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Oregon City home appreciation rates, at 0.57%, have been at or slightly above the national average. In the latest quarter, Oregon City's appreciation rate has been 0.55%, which annualizes to a rate of 2.20%.

Relative to Oregon, our data show that Oregon City's latest annual appreciation rate is higher than 84% of the other cities and towns in Oregon.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Oregon City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oregon City - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Oregon City real estate investment or home purchase decisions.