Is Estacada, OR 97023 a buyer’s or seller’s market?
Estacada is a seller’s market. With about 3.7 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 65% of U.S. ZIP codes, and #44 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Estacada housing market right now
In the three months ending August 31, 2026, 33% of homes in Estacada, OR 97023 sold above their list price, the typical home went under contract in 33 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (59 days then) and the median sale price fell 7% to $523,503. Overall, Estacada is more competitive than a year ago, so tougher for buyers.
Within Clackamas County, homes here sell more slowly than in 74% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Estacada ranks #44 of 170 OR ZIP codes with enough sales (score 62 out of 100).
Nearby, buyers who want less competition could look at Government Camp 97028 (0% sold over asking) or Beavercreek 97004 (0% sold over asking), while Clackamas 97015 (35% sold over asking) is even more competitive.
Run the numbers for 97023
Nearby markets
Beavercreek 97004Balanced $425 /sq ftBoring 97009Seller’s market $335 /sq ftBrightwood 97011Buyer’s market $345 /sq ftCanby 97013Seller’s market $317 /sq ft Browse all markets →Towns like Estacada nearby
Find towns like Estacada in other states →Where Estacada is
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Questions about Estacada real estate
Is Estacada a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Estacada, OR 97023 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Estacada?
The typical home went under contract in 33 days in the latest three months.
Do homes in Estacada sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Estacada?
About 0.85% of a home’s value a year in Clackamas County, or roughly $3,400 on a $400,000 home.
What is the median home price in Estacada?
The median sale price was $523,503 in the three months ending August 31, 2026, about $280 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology