Canby, OR 97013 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Canby, OR—97013

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$585,000

0.1% YoY Growth

Household Income

$99,300

41.0% YoY Growth

Days on Market

103

50.0% Longer YoY

Home Price Forecast

-0.2%

Median Rent

$1,800

7.0% YoY Growth

1-Bed Rent

$1,540

0.7% YoY Growth

2-Bed Rent

$1,650

19.4% YoY Growth

3-Bed Rent

$2,500

5.5% YoY Growth

Home Price Trends — Canby, OR

As of Dec '25, the median home price in Canby, OR is $585,000, with a year-over-year change of 0.1%. This indicates that home prices in Canby, OR are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$585,000	0.1%
Single Family	$586,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Canby, OR

As of July '25, Rentcast reports the average rent in Canby, OR is $2,140, with a year-over-year rent change of -7.0%. Per bedroom, the median rent as of July '25 in Canby, OR is 1-bedrooms: $1,480, 2-bedrooms: $1,660, 3-bedrooms: $2,580, 4-bedrooms: $3,180. The most common rental property sizes in Canby, OR are 2-bedroom and 3-bedroom, accounting for 45.7% and 22.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$2,140
Studio Rent	N/A	N/A
1 Bed Rent	$1,540	$1,480
2 Bed Rent	$1,650	$1,660
3 Bed Rent	$2,500	$2,580
4 Bed Rent	$3,100	$3,180

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% of Rental Stock

Studio

6.0%

1 Bedroom

17.4%

2 Bedrooms

45.7%

3 Bedrooms

22.2%

4 Bedrooms

8.1%

5+ Bedrooms

0.5%

Property Listings — Canby, OR

As of Dec '25, Realtor.com reports that the median days on market for a home in Canby, OR is 92. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$675,000	4.0%
Listing Count	87	-6.0%
Listings as % of Homes	1.0%	-6.0%
Days on Market	103	50.0%

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Demographics — Canby, OR

As of the latest ACS Survey released in 2023, Canby, OR has a population of 24,100, which has increased by 2.1% over the past 5 years. Canby, OR is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 30.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	24,100	2.1%
% Under 18	23.1%	-7.2%
% Seniors	20.9%	23.7%
% WFH	11.6%	96.6%
% w/ College Degree	30.1%	17.1%

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As of the latest ACS Survey released in 2023, Canby, OR is a predominantly white area, with 74.9% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Canby, OR is hispanic, making up 18.1% of the population. Foreign-born residents account for 8.5% of the population in Canby, OR, and this percentage has decreased by 6.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	74.9%	-6.8%
% Black	0.5%	400.0%
% Hispanic	18.1%	21.5%
% Asian	1.8%	0.0%
% Foreign Born	8.5%	-6.6%

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Mortgage and Risk — Canby, OR

According to HUD data as of 2023, there were 514 mortgage originations in Canby, OR, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Canby, OR. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	514
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	2.0%
% Second Loans	0.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Canby, OR

As of 2024, the percent of homes in Canby, OR under the Section 8 program is 3.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Canby, OR, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	94
Total Units Section 8	94
% Rentals under Section 8	3.9%
% Occupied Section 8	87.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$60	$1,540	$1,600
2 Bedroom	$180	$1,650	$1,830
3 Bedroom	$30	$2,500	$2,530
4 Bedroom	-$170	$3,100	$2,930

Canby, OR—97013

Key Metrics at a Glance

Home Price Trends — Canby, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Canby, OR

% of Rental Stock

Property Listings — Canby, OR

Demographics — Canby, OR

Race and Ethnicity

Mortgage and Risk — Canby, OR

Mortgages

Rentals and Section 8 — Canby, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Canby, OR

Home Price to Income Ratio

Canby, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hubbard, OR

Aurora, OR

Wilsonville, OR

West Linn, OR

Mulino, OR

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.7
Median Home Price	$585,000
Median Household Income	$99,300

Canby, OR—97013

Key Metrics at a Glance

Home Price Trends — Canby, OR

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Canby, OR

% of Rental Stock

Property Listings — Canby, OR

Demographics — Canby, OR

Race and Ethnicity

Mortgage and Risk — Canby, OR

Mortgages

Rentals and Section 8 — Canby, OR

Section 8 Market Size

Section 8 Opportunity

Affordability — Canby, OR

Home Price to Income Ratio

Canby, OR — ZIP Code Boundary Map

Nearby ZIP Codes

Hubbard, OR

Aurora, OR

Wilsonville, OR

West Linn, OR

Mulino, OR

Frequently Asked Questions

What is the average home price in Canby, OR 97013?

How have home prices in Canby, OR 97013 changed over the past year?

What is the home price projection for Canby, OR 97013?

What are the demographics of Canby, OR 97013?

How long does it take homes to sell in Canby, OR 97013?

What is the average rent price in Canby, OR 97013?