Estacada, OR—97023
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Estacada, OR
As of Oct '25, the median home price in Estacada, OR is $543,000, with a year-over-year change of -1.1%. This indicates that home prices in Estacada, OR are decreasing. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $543,000 | -1.1% |
| Single Family | $543,000 | -1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $434,000 | 0.2% |
3 Bed | $522,000 | -1.5% |
4 Bed | $571,000 | -1.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Estacada, OR
As of July '25, Rentcast reports the average rent in Estacada, OR is $2,090, with a year-over-year rent change of -4.1%. Per bedroom, the median rent as of July '25 in Estacada, OR is 1-bedrooms: $1,140, 2-bedrooms: $1,580, 3-bedrooms: $2,620, 4-bedrooms: $2,600. The most common rental property sizes in Estacada, OR are 3-bedroom and 2-bedroom, accounting for 35.7% and 23.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,020 | $1,140 |
| 2 Bed Rent | $1,600 | $1,580 |
| 3 Bed Rent | $2,800 | $2,620 |
| 4 Bed Rent | $2,600 | $2,600 |
% of Rental Stock
Property Listings — Estacada, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Estacada, OR is 71. This is a increase of 37.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $597,000 | -3.0% |
Listing Count | 87 | 9.0% |
| Listings as % of Homes | 1.3% | 9.0% |
Days on Market | 71 | 37.0% |
Demographics — Estacada, OR
As of the latest ACS Survey released in 2023, Estacada, OR has a population of 11,600, which has increased by 15.7% over the past 5 years. Estacada, OR is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 16.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,600 | 15.7% |
% Under 18 | 16.8% | -21.9% |
% Seniors | 22.8% | 34.1% |
% WFH | 15.4% | 220.8% |
% w/ College Degree | 16.3% | -7.4% |
As of the latest ACS Survey released in 2023, Estacada, OR is a predominantly white area, with 86.8% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Estacada, OR is hispanic, making up 6.3% of the population. Foreign-born residents account for 4.6% of the population in Estacada, OR, and this percentage has increased by 12.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.8% | -4.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 6.3% | 70.3% |
% Asian | 2.7% | 22.7% |
% Foreign Born | 4.6% | 12.2% |
Mortgage and Risk — Estacada, OR
According to HUD data as of 2023, there were 301 mortgage originations in Estacada, OR, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Estacada, OR. Investor activity is low, as 1.0% 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 | 301 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Estacada, OR
As of 2024, the percent of homes in Estacada, OR under the Section 8 program is 5.5%. 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 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Estacada, OR, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 112 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 85.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $580 | $1,020 | $1,600 |
| 2 Bedroom | $230 | $1,600 | $1,830 |
| 3 Bedroom | -$270 | $2,800 | $2,530 |
| 4 Bedroom | $330 | $2,600 | $2,930 |
Affordability — Estacada, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $543,000 |
| Median Household Income | $74,700 |