97002 — Clackamas County, Oregon Market Snapshot
Housing market data for zip code 97002 in Clackamas County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
15 sales in 2026 (year to date)
Median Sale Price
$835,000
Days to Sell
58
Homes Sold
15
Inventory
17
Sale-to-List
98.1%
New Listings
23
Price/SqFt
$350
Pending Sales
19
Jumbo Loan Likely Needed
The median home in 97002 at $835,000 exceeds the 2026 conforming loan limit of $832,750 by $2,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
97002's market is balanced with homes taking an average of 58 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 97002 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 97002 at $835,000 exceeds the 2026 conforming loan limit of $832,750 by $2,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 97002 are set at the county level.
2026 Loan Limits — Clackamas County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $701,500 |
| 2 Units | $1,066,250 | $898,050 |
| 3 Units | $1,288,800 | $1,085,550 |
| 4 Units | $1,601,750 | $1,349,050 |
Affordability Snapshot — Zip 97002
To purchase the median home at $835,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $6,548.
Monthly Payment
$6,548
Income Required
$280,607
Principal & Interest
$5,145/mo
Down Payment (5%)
$41,750
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 97002.
Estimated Monthly Payment
$5,318
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