Clackamas, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Clackamas Neighborhoods Since 2000




Clackamas, OR Real Estate Data


Clackamas Housing Market Information

With 10,347 people, 1,953 houses or apartments, and a median cost of homes of $387,050, Clackamas house prices are not only among the most expensive in Oregon, Clackamas real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Clackamas, accounting for 54.09% of the town's housing units. Other types of housing that are prevalent in Clackamas include large apartment complexes or high rise apartments ( 36.05%), mobile homes or trailers ( 6.96%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.63%).

The most prevalent building size and type in Clackamas are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 55.28% owning and 44.72% renting.

There is a lot of housing in Clackamas built from 1970 to 1999 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 Clackamas built between 2000 and later ( 10.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.93%). There's also some housing in Clackamas built before 1939 ( 1.71%).

Clackamas Home Appreciation Rates

Appreciation rates for homes in Clackamas have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.38%, which ranks in the top 30% nationwide. This equates to an annual average Clackamas house appreciation rate of 1.17%.

Appreciation rates are so strong in Clackamas that despite a nationwide downturn in the housing market, Clackamas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Clackamas appreciation rates continue to be some of the highest in America, at 10.14%, which is higher than appreciation rates in 97.91% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Clackamas. Clackamas appreciation rates in the latest quarter were at 4.15%, which equates to an annual appreciation rate of 17.68%.

Importantly, this makes Clackamas one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Oregon, our data show that Clackamas's latest annual appreciation rate is higher than 90% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$387,050

Clackamas, OR HOME PRICES

Value Range
> $1,419,000 0.0
$1,064,001 - $1,419,000 0.8
$709,001 - $1,064,000 2.7
$567,001 - $709,000 6.6
$425,001 - $567,000 29.9
$284,001 - $425,000 32.7
$141,001 - $284,000 16.9
$71,001 - $141,000 3.0
$0 - $71,000 7.4

Very High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
10.323827370147 14.4927536231884

Number Of Homes And Apartments:
1,953

Rent & Ownership

 

Average Market Rent:
$1,366 / per month

Homeownership Rate

Homeownership
Owners 55.28
Renters 44.72
Vacant 7.36

Housing Market Details

 

Age of Homes

AGE OF Clackamas HOMES
2000 or Newer 10.3
1970 - 1999 81.0
1940 - 1969 6.9
1939 or Older 1.7

Types of Homes

TYPE OF Clackamas HOMES
Single-Family 54.1
Townhomes 0.3
Small Apt. Buildings 2.6
Apt. Complexes 36.0
Mobile Homes 7.0
Other 0.0

Home Size

SIZE OF Clackamas HOMES
No Bedroom 0.47
1 Bedroom 10.10
2 Bedrooms 32.57
3 Bedrooms 34.53
4 Bedrooms 18.63
5 or more bedrooms 3.70

Clackamas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
76.73% 3.41% 8 9
* 10 is highest