Is Clackamas, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clackamas has remained a Seller's Market.
Key Takeaway
Clackamas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clackamas, OR
How much do homes in Clackamas, OR cost?
Median Sold Price
$599,975
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clackamas have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Clackamas was $599,975 in April 2024, up 3.4% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | $210.2K | -4.0% |
| 2 Bedrooms | $282K | $415K | +47.2% |
| 3 Bedrooms | $549K | $564K | +2.7% |
| 4 Bedrooms | $625K | $649.3K | +3.9% |
| 5+ Bedrooms | $729.9K | $695.5K | -4.7% |
Summary: Clackamas housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 47.2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Clackamas | $580K | $599.9K | +3.4% |
| Damascus | $660K | $670K | +1.5% |
| Northwest Clackamas | $620K | $625.4K | +0.9% |
| Gladstone | $500K | $497.5K | -0.5% |
| Happy Valley | $700.2K | $649.9K | -7.2% |
Housing Supply in Clackamas, OR
How many homes are available in Clackamas, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 46 | -2.1% |
Summary: The Clackamas real estate market had 46 homes for sale in April 2024, a 2.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Clackamas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clackamas, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Clackamas in April 2024, down by 6.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Clackamas, OR
How long does it take to sell a home in Clackamas, OR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 79 Days | +58.0% |
Summary: Homes in Clackamas had an average of 79 days on market in Apr 2024, up by 58% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clackamas are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in Clackamas; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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