Clackamas, OR Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Clackamas, OR Housing Market Trends

With 10,990 people, 2,090 houses or apartments, and a median cost of homes of $458,832, 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 48.71% of the town's housing units. Other types of housing that are prevalent in Clackamas include large apartment complexes or high rise apartments ( 39.00%), mobile homes or trailers ( 8.75%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.86%).

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 55.54% owning and 44.46% 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 ( 14.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 3.45%).

Clackamas Home Appreciation Rates

In the last 10 years, Clackamas has experienced some of the highest home appreciation rates of any community in the nation. Clackamas real estate appreciated 63.95% over the last ten years, which is an average annual home appreciation rate of 5.07%, putting Clackamas in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Clackamas 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, Clackamas's appreciation rate, at 5.35%, has been at or slightly above the national average. In the latest quarter, Clackamas's appreciation rate has been 2.09%, which annualizes to a rate of 8.62%.

Relative to Oregon, our data show that Clackamas's latest annual appreciation rate is lower than 80% of the other cities and towns in Oregon.

Average Home Values

 
info

Median Home Value:
$458,832

Clackamas, OR HOME PRICES

> $1,191,000
2.1%
2.1%
$893,001 - $1,191,000
0.0%
0.0%
$595,001 - $893,000
9.9%
9.9%
$477,001 - $595,000
22.4%
22.4%
$357,001 - $477,000
33.8%
33.8%
$238,001 - $357,000
12.9%
12.9%
$119,001 - $238,000
8.2%
8.2%
$59,001 - $119,000
1.4%
1.4%
$0 - $59,000
9.2%
9.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for OR

Value Relative To Nation

Number Of Homes And Apartments:
2,090

Clackamas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
113.98% 3.69%
5
9
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,987 / per month

Homeownership Rate

Owners
55.5%
55.5%
Renters
44.5%
44.5%
Vacant
5.8%
5.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
14.3%
14.3%
1970 - 1999
81.6%
81.6%
1940 - 1969
3.5%
3.5%
1939 or Older
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
48.7%
48.7%
Townhomes
0.7%
0.7%
Small Apt. Buildings
2.9%
2.9%
Apt. Complexes
39.0%
39.0%
Mobile Homes
8.7%
8.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.0%
4.0%
1 Bedroom
11.3%
11.3%
2 Bedrooms
28.8%
28.8%
3 Bedrooms
36.1%
36.1%
4 Bedrooms
17.4%
17.4%
5 or more bedrooms
2.3%
2.3%
0.0% 100.0%
% OF HOMES