Clackamas, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Clackamas Neighborhoods Since 2000




Clackamas, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Clackamas Housing Market Information

With 10,347 people, 1,923 houses or apartments, and a median cost of homes of $445,476, 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 55.58% of the town's housing units. Other types of housing that are prevalent in Clackamas include large apartment complexes or high rise apartments ( 35.48%), mobile homes or trailers ( 5.65%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.01%).

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 54.70% owning and 45.30% 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 ( 12.29%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.43%). There's also some housing in Clackamas built before 1939 ( 1.47%).

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 6.56%, which ranks in the top 40% nationwide. This equates to an annual average Clackamas house appreciation rate of 0.64%.

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 9.82%, which is higher than appreciation rates in 93.36% 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 2.08%, which equates to an annual appreciation rate of 8.56%.

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 50% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$445,476

Clackamas, OR HOME PRICES

Value Range
> $1,384,000 1.9
$1,038,001 - $1,384,000 1.1
$692,001 - $1,038,000 3.8
$553,001 - $692,000 10.1
$415,001 - $553,000 32.1
$277,001 - $415,000 28.3
$138,001 - $277,000 13.8
$69,001 - $138,000 2.9
$0 - $69,000 6.0

Very High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
7.55888901910231 6.28019323671498

Number Of Homes And Apartments:
1,923

Clackamas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
82.97% 3.56% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,853 / per month

Homeownership Rate

Homeownership
Owners 54.70
Renters 45.30
Vacant 7.45

Housing Market Details

 

Age of Homes

AGE OF Clackamas HOMES
2000 or Newer 12.3
1970 - 1999 82.8
1940 - 1969 3.4
1939 or Older 1.5

Types of Homes

TYPE OF Clackamas HOMES
Single-Family 55.6
Townhomes 0.3
Small Apt. Buildings 3.0
Apt. Complexes 35.5
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Clackamas HOMES
No Bedroom 1.10
1 Bedroom 12.32
2 Bedrooms 29.64
3 Bedrooms 32.97
4 Bedrooms 20.85
5 or more bedrooms 3.12