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

$1,079,547

AVERAGE PRICE OF 216 HOMES

$799,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,943,685

AVERAGE PRICE OF 49 MULTI-MILLION DOLLAR HOMES

$811,384

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$1,245,580

AVERAGE PRICE OF 5 HOMES WITH A POOL

$710,843

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $1,079,547
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

2 bedrooms $344,599
3 bedrooms $620,620
4 bedrooms $984,087
5 bedrooms $1,409,746
Oregon City Home Price Trends
  3/2024 2/2024 1/2024 12/2023 11/2023
Total Listings 181 172 173 207 211
Average Price $1,142,506 $1,176,368 $1,142,881 $1,079,096 $1,094,723
Avg Price Change -2.96% +2.93% +5.91% -1.45% -1.04%
Median Price $623,796 $639,275 $626,130 $632,957 $651,825
Med Price Change -2.48% +2.10% -1.09% -2.98% -2.07%
Avg Bedrooms 2.66 beds 2.66 beds 2.68 beds 2.67 beds 2.71 beds
Avg Bathrooms 1.99 baths 1.97 baths 1.93 baths 1.95 baths 1.97 baths
Home Price by High School
School Name Total Homes Average Price
Oregon City 195 $1,080,106
Home Price by House Size
Total Homes Average Price
All Homes 216 $1,079,547
Distressed Homes 2 $799,500
Multi-Million Dollar Homes 49 $2,943,685
Newly Built Homes 35 $811,384
Homes with a Pool 5 $1,245,580
Reduced Price Homes 8 $710,843

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