Oregon City

Why you'd want to live in Oregon City

Oregon City, the county seat of Clackamas County, is located southeast of Portland on the east side of the Willamette River, just below the falls. Its unique topography includes three terraces, which rise above the river, creating an elevation range from about 50 feet above sea level at the riverbank to more than 250 feet above sea level on the upper terrace. The lowest terrace, on which the earliest development occurred, is only two blocks or three streets wide but stretches northward from the falls for several blocks. Originally, the industry was located primarily at the south end of Main Street nearest the falls, which provided power. Commercial, governmental, and social/fraternal entities developed along Main Street north of the industrial area. Religious and educational structures also appeared along Main Street but tended to be grouped north of the commercial core. Residential structures filled in along Main Street, as well as along the side and cross streets. As the city grew, the commercial, governmental, and social/fraternal structures expanded northward first, and with time eastward and westward to the side and cross streets. Before the turn of the century, residential neighborhoods and schools were developing on the bluff. Some commercial development also occurred on this middle terrace, but the business center of the city continued to be situated on the lower terrace. Between the 1930s and 1950s, many of the downtown churches relocated to the bluff as well. The industrial area remained at the south end of the downtown area throughout the 20th century. As the city continued to grow, development eventually expanded to the upper terrace and spread eastward. The small community of Canemah, located just south of Oregon City (and now included within its city limits) developed just above the falls on the river. Canemah is a National Register historic district. via https://www.orcity.org/803/Brief-History-of-Oregon-City

Oregon City Market Report

$822,252

AVERAGE PRICE OF 238 HOMES

$750,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,976,091

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$1,415,122

AVERAGE PRICE OF 14 NEWLY BUILT HOMES

$1,295,000

AVERAGE PRICE OF 4 HOMES WITH A POOL

$604,871

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $822,252
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.33 baths

Average Price by Bedrooms

2 bedrooms $420,888
3 bedrooms $634,068
4 bedrooms $909,669
5 bedrooms $1,326,937
Oregon City Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 233 222 223 226 209
Average Price $863,889 $882,674 $1,114,150 $1,083,922 $1,087,473
Avg Price Change -2.17% -26.22% +2.79% -0.33% -5.06%
Median Price $634,425 $631,343 $644,586 $631,425 $627,140
Med Price Change +0.49% -2.10% +2.08% +0.68% +0.54%
Avg Bedrooms 3.06 beds 3 beds 2.92 beds 2.89 beds 2.84 beds
Avg Bathrooms 2.34 baths 2.3 baths 2.28 baths 2.38 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price
Oregon City 211 $788,595
Home Price by House Size
Total Homes Average Price
All Homes 238 $822,252
Distressed Homes 1 $750,000
Multi-Million Dollar Homes 43 $1,976,091
Newly Built Homes 14 $1,415,122
Homes with a Pool 4 $1,295,000
Reduced Price Homes 21 $604,871

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