Gladstone, OR—97027
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gladstone, OR
As of Oct '25, the median home price in Gladstone, OR is $511,000, with a year-over-year change of 0.1%. This indicates that home prices in Gladstone, OR are flat. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $511,000 | 0.1% |
| Single Family | $512,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $397,000 | -1.5% |
3 Bed | $496,000 | 0.0% |
4 Bed | $568,000 | -0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Gladstone, OR
As of July '25, Rentcast reports the average rent in Gladstone, OR is $1,810, with a year-over-year rent change of -20.3%. Per bedroom, the median rent as of July '25 in Gladstone, OR is 1-bedrooms: $1,460, 2-bedrooms: $1,750, 3-bedrooms: $2,640. The most common rental property sizes in Gladstone, OR are 2-bedroom and 3-bedroom, accounting for 45.4% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,810 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,460 |
| 2 Bed Rent | $1,660 | $1,750 |
| 3 Bed Rent | $2,700 | $2,640 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Gladstone, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Gladstone, OR is 58. This is a increase of 43.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $594,000 | 6.0% |
Listing Count | 34 | 23.0% |
| Listings as % of Homes | 0.2% | 23.0% |
Days on Market | 58 | 43.0% |
Demographics — Gladstone, OR
As of the latest ACS Survey released in 2023, Gladstone, OR has a population of 12,400, which has decreased by -1.2% over the past 5 years. Gladstone, OR is a moderately popular place for families, as children make up 15.8% of the population. The area has a poorly educated workforce, with 24.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | -1.2% |
% Under 18 | 15.8% | -36.5% |
% Seniors | 20.5% | 26.5% |
% WFH | 21.0% | 141.4% |
% w/ College Degree | 24.4% | -3.9% |
As of the latest ACS Survey released in 2023, Gladstone, OR is a predominantly white area, with 77.8% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Gladstone, OR is hispanic, making up 9.0% of the population. Foreign-born residents account for 6.1% of the population in Gladstone, OR, and this percentage has increased by 10.9% 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 | 77.8% | -4.2% |
% Black | 2.3% | 155.6% |
% Hispanic | 9.0% | -29.7% |
% Asian | 1.5% | 0.0% |
% Foreign Born | 6.1% | 10.9% |
Mortgage and Risk — Gladstone, OR
According to HUD data as of 2023, there were 162 mortgage originations in Gladstone, OR, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Gladstone, OR. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 162 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Gladstone, OR
Gladstone, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 192 |
Total Units Section 8 | 185 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 83.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,500 | $1,810 |
| 2 Bedroom | $400 | $1,660 | $2,060 |
| 3 Bedroom | $130 | $2,700 | $2,830 |
| 4 Bedroom | N/A | N/A | $3,320 |
Affordability — Gladstone, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $511,000 |
| Median Household Income | $92,000 |