Troutdale, 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

Troutdale, OR Housing Market Trends

With a population of 16,183, 5,449 total housing units (homes and apartments), and a median house value of $380,502, real estate costs in Troutdale 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 Troutdale, accounting for 70.94% of the city's housing units. Other types of housing that are prevalent in Troutdale include large apartment complexes or high rise apartments ( 16.17%), row houses and other attached homes ( 5.05%), and a few mobile homes or trailers ( 4.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Troutdale. Owner-occupied housing accounts for 66.09% of Troutdale's homes, and 70.11% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Troutdale 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 Troutdale built between 2000 and later ( 15.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.18%). There's also some housing in Troutdale built before 1939 ( 1.98%).

Troutdale Home Appreciation Rates

In the last 10 years, Troutdale has experienced some of the highest home appreciation rates of any community in the nation. Troutdale real estate appreciated 81.48% over the last ten years, which is an average annual home appreciation rate of 6.14%, putting Troutdale in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Troutdale 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, Troutdale's appreciation rate, at 5.37%, has been at or slightly above the national average. In the latest quarter, Troutdale's appreciation rate has been 2.11%, which annualizes to a rate of 8.70%.

Relative to Oregon, our data show that Troutdale's latest annual appreciation rate is lower than 70% of the other cities and towns in Oregon.

Average Home Values

 
info

Median Home Value:
$380,502

Troutdale, OR HOME PRICES

> $1,255,000
1.3%
1.3%
$941,001 - $1,255,000
1.0%
1.0%
$628,001 - $941,000
5.0%
5.0%
$502,001 - $628,000
8.3%
8.3%
$377,001 - $502,000
40.9%
40.9%
$251,001 - $377,000
34.8%
34.8%
$126,001 - $251,000
3.1%
3.1%
$63,001 - $126,000
2.0%
2.0%
$0 - $63,000
3.6%
3.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for OR

Value Relative To Nation

Number Of Homes And Apartments:
5,449

Troutdale 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
122.03% 3.87%
6
9
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,926 / per month

Homeownership Rate

Owners
66.1%
66.1%
Renters
33.9%
33.9%
Vacant
1.8%
1.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
15.2%
15.2%
1970 - 1999
75.6%
75.6%
1940 - 1969
7.2%
7.2%
1939 or Older
2.0%
2.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
70.9%
70.9%
Townhomes
5.0%
5.0%
Small Apt. Buildings
3.3%
3.3%
Apt. Complexes
16.2%
16.2%
Mobile Homes
4.2%
4.2%
Other
0.3%
0.3%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.8%
1.8%
1 Bedroom
7.4%
7.4%
2 Bedrooms
16.6%
16.6%
3 Bedrooms
52.4%
52.4%
4 Bedrooms
17.8%
17.8%
5 or more bedrooms
4.0%
4.0%
0.0% 100.0%
% OF HOMES