Is Oregon City, OR 97045 a buyer’s or seller’s market?
Oregon City is a seller’s market. With about 2.9 months of supply and 34% 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 76% of U.S. ZIP codes, and #22 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 Oregon City housing market right now
In the three months ending August 31, 2026, 34% of homes in Oregon City, OR 97045 sold above their list price, the typical home went under contract in 21 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 205 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 28%, homes sold about as fast and the median sale price fell 4% to $579,749. Overall, Oregon City is more competitive than a year ago, so tougher for buyers.
Within Clackamas County, homes here sell faster than in 74% of the county’s ZIP codes, and sell more often over asking than in 91%. On our competition score, Oregon City ranks #22 of 170 OR ZIP codes with enough sales (score 71 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).
Run the numbers for 97045
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 Oregon City nearby
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Questions about Oregon City real estate
Is Oregon City a buyer’s or seller’s market?
A seller’s market: there were 2.9 months of supply in Oregon City, OR 97045 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 Oregon City?
The typical home went under contract in 21 days in the latest three months.
Do homes in Oregon City sell over asking?
34% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.
What are property taxes in Oregon City?
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 Oregon City?
The median sale price was $579,749 in the three months ending August 31, 2026, about $313 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