Oregon City, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Oregon City Neighborhoods Since 2000




Oregon City, 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

Oregon City Housing Market Information

With 35,831 people, 12,685 houses or apartments, and a median cost of homes of $352,442, Oregon City house prices are not only among the most expensive in Oregon, Oregon City 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 Oregon City, accounting for 69.83% of the city's housing units. Other types of housing that are prevalent in Oregon City include large apartment complexes or high rise apartments ( 16.30%), duplexes, homes converted to apartments or other small apartment buildings ( 5.90%), and a few row houses and other attached homes ( 4.55%).

The most prevalent building size and type in Oregon City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.70% owning and 35.30% renting.

There is a lot of housing in Oregon City 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 Oregon City built between 2000 and later ( 23.65%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.36%). There's also some housing in Oregon City built before 1939 ( 12.69%).

Oregon City Home Appreciation Rates

Appreciation rates for homes in Oregon City have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.13%, which ranks in the top 30% nationwide. This equates to an annual average Oregon City house appreciation rate of 0.97%.

Appreciation rates are so strong in Oregon City that despite a nationwide downturn in the housing market, Oregon City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oregon City appreciation rates continue to be some of the highest in America, at 11.66%, which is higher than appreciation rates in 96.96% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oregon City. Oregon City appreciation rates in the latest quarter were at 2.08%, which equates to an annual appreciation rate of 8.56%.

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

Relative to Oregon, our data show that Oregon City's latest annual appreciation rate is higher than 70% 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 2000, to assist you in making the best Oregon City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$352,442

Oregon City, OR HOME PRICES

Value Range
> $1,374,000 0.4
$1,031,001 - $1,374,000 0.5
$687,001 - $1,031,000 3.1
$550,001 - $687,000 4.0
$412,001 - $550,000 21.1
$275,001 - $412,000 45.6
$137,001 - $275,000 16.8
$69,001 - $137,000 3.0
$0 - $69,000 5.5

Very High for OR
Very High for Nation

Value Relative to Nation Value Relative to State
12.0356263916559 19.3236714975845

Number Of Homes And Apartments:
12,685

Oregon City 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
81.92% 3.53% 8 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,619 / per month

Homeownership Rate

Homeownership
Owners 64.70
Renters 35.30
Vacant 4.72

Housing Market Details

 

Age of Homes

AGE OF Oregon City HOMES
2000 or Newer 23.7
1970 - 1999 50.3
1940 - 1969 13.4
1939 or Older 12.7

Types of Homes

TYPE OF Oregon City HOMES
Single-Family 69.8
Townhomes 4.6
Small Apt. Buildings 5.9
Apt. Complexes 16.3
Mobile Homes 3.4
Other 0.0

Home Size

SIZE OF Oregon City HOMES
No Bedroom 1.54
1 Bedroom 7.36
2 Bedrooms 22.86
3 Bedrooms 48.67
4 Bedrooms 16.44
5 or more bedrooms 3.12