Troutdale, OR—97060
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Troutdale, OR
As of Oct '25, the median home price in Troutdale, OR is $478,000, with a year-over-year change of 0.6%. This indicates that home prices in Troutdale, OR are flat. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $478,000 | 0.6% |
| Single Family | $481,000 | 0.2% |
| Condos | $270,000 | 0.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $340,000 | -2.0% |
3 Bed | $467,000 | 0.2% |
4 Bed | $524,000 | -0.4% |
| 5 Bed | $580,000 | -0.9% |
% of Housing Stock
Rental Trends — Troutdale, OR
As of July '25, Rentcast reports the average rent in Troutdale, OR is $2,030, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Troutdale, OR is 1-bedrooms: $1,550, 2-bedrooms: $1,770, 3-bedrooms: $2,620, 4-bedrooms: $3,400. The most common rental property sizes in Troutdale, OR are 2-bedroom and 3-bedroom, accounting for 49.8% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $2,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,550 |
| 2 Bed Rent | $1,700 | $1,770 |
| 3 Bed Rent | $2,700 | $2,620 |
| 4 Bed Rent | $3,400 | $3,400 |
% of Rental Stock
Property Listings — Troutdale, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Troutdale, OR is 52. This is a increase of 11.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $478,000 | -7.0% |
Listing Count | 47 | -5.0% |
| Listings as % of Homes | 0.5% | -5.0% |
Days on Market | 52 | 11.0% |
Demographics — Troutdale, OR
As of the latest ACS Survey released in 2023, Troutdale, OR has a population of 21,800, which has decreased by -3.6% over the past 5 years. Troutdale, OR is a popular place for families, as children make up 27.1% of the population. The area has a moderately educated workforce, with 26.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,800 | -3.6% |
% Under 18 | 27.1% | 0.7% |
% Seniors | 12.5% | 27.6% |
% WFH | 11.4% | 119.2% |
% w/ College Degree | 26.2% | 23.0% |
As of the latest ACS Survey released in 2023, Troutdale, OR is a predominantly white area, with 62.7% of the population identifying as white. The white population has shrunk by 7.7% in the last 5 years. The second most common race or ethnicity in Troutdale, OR is hispanic, making up 22.2% of the population. Foreign-born residents account for 17.0% of the population in Troutdale, OR, and this percentage has increased by 22.3% 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 | 62.7% | -7.7% |
% Black | 1.6% | -5.9% |
% Hispanic | 22.2% | 7.8% |
% Asian | 3.8% | -25.5% |
% Foreign Born | 17.0% | 22.3% |
Mortgage and Risk — Troutdale, OR
According to HUD data as of 2023, there were 277 mortgage originations in Troutdale, OR, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Troutdale, OR. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 277 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Troutdale, OR
As of 2024, the percent of homes in Troutdale, OR under the Section 8 program is 5.9%. 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 units appear to be good home sizes to consider for Section 8 housing in Troutdale, OR, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 166 |
Total Units Section 8 | 165 |
% Rentals under Section 8 | 5.9% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $50 | $1,550 | $1,600 |
| 2 Bedroom | $130 | $1,700 | $1,830 |
| 3 Bedroom | -$170 | $2,700 | $2,530 |
| 4 Bedroom | -$470 | $3,400 | $2,930 |
Affordability — Troutdale, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $478,000 |
| Median Household Income | $84,200 |