Oregon City, OR—97045
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oregon City, OR
As of Oct '25, the median home price in Oregon City, OR is $594,000, with a year-over-year change of -0.3%. This indicates that home prices in Oregon City, 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 | $594,000 | -0.3% |
| Single Family | $595,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $373,000 | -1.3% |
2 Bed | $440,000 | -0.2% |
3 Bed | $558,000 | -0.5% |
4 Bed | $667,000 | -0.3% |
| 5 Bed | $754,000 | -0.4% |
% of Housing Stock
Rental Trends — Oregon City, OR
As of July '25, Rentcast reports the average rent in Oregon City, OR is $2,060, with a year-over-year rent change of -10.4%. Per bedroom, the median rent as of July '25 in Oregon City, OR is studios: $1,310, 1-bedrooms: $1,380, 2-bedrooms: $1,740, 3-bedrooms: $2,660, 4-bedrooms: $3,860. The most common rental property sizes in Oregon City, OR are 2-bedroom and 3-bedroom, accounting for 37.3% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,060 |
| Studio Rent | $1,300 | $1,310 |
| 1 Bed Rent | $1,400 | $1,380 |
| 2 Bed Rent | $1,600 | $1,740 |
| 3 Bed Rent | $2,600 | $2,660 |
| 4 Bed Rent | $3,550 | $3,860 |
% of Rental Stock
Property Listings — Oregon City, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Oregon City, OR is 65. This is a increase of 35.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $655,000 | -1.0% |
Listing Count | 215 | 19.0% |
| Listings as % of Homes | 0.5% | 19.0% |
Days on Market | 65 | 35.0% |
Demographics — Oregon City, OR
As of the latest ACS Survey released in 2023, Oregon City, OR has a population of 57,400, which has increased by 2.6% over the past 5 years. Oregon City, OR is a moderately popular place for families, as children make up 21.3% of the population. The area has a moderately educated workforce, with 32.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 57,400 | 2.6% |
% Under 18 | 21.3% | -4.9% |
% Seniors | 17.8% | 5.3% |
% WFH | 16.2% | 116.0% |
% w/ College Degree | 32.6% | 17.3% |
As of the latest ACS Survey released in 2023, Oregon City, OR is a predominantly white area, with 85.2% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Oregon City, OR is hispanic, making up 6.3% of the population. Foreign-born residents account for 5.4% of the population in Oregon City, OR, and this percentage has increased by 25.6% 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 | 85.2% | -2.7% |
% Black | 1.0% | 25.0% |
% Hispanic | 6.3% | 3.3% |
% Asian | 1.5% | 50.0% |
% Foreign Born | 5.4% | 25.6% |
Mortgage and Risk — Oregon City, OR
According to HUD data as of 2023, there were 1095 mortgage originations in Oregon City, OR, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Oregon City, OR. Investor activity is low, as 1.0% 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 | 1,095 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Oregon City, OR
As of 2024, the percent of homes in Oregon City, OR under the Section 8 program is 7.2%. 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 Oregon City, OR, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 669 |
Total Units Section 8 | 421 |
% Rentals under Section 8 | 7.2% |
% Occupied Section 8 | 85.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $360 | $1,400 | $1,760 |
| 2 Bedroom | $410 | $1,600 | $2,010 |
| 3 Bedroom | $160 | $2,600 | $2,760 |
| 4 Bedroom | -$310 | $3,550 | $3,240 |
Affordability — Oregon City, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $594,000 |
| Median Household Income | $100,000 |