97034 — Clackamas County, Oregon Market Snapshot
Housing market data for zip code 97034 in Clackamas County, Oregon. Updated monthly with median prices, days on market, and more.
Market Sales Data
95 sales in 2026 (year to date)
Median Sale Price
$1,205,000
Days to Sell
22
Homes Sold
95
Inventory
148
Sale-to-List
98.0%
New Listings
161
Price/SqFt
$429
Pending Sales
111
Jumbo Loan Likely Needed
The median home in 97034 at $1,205,000 exceeds the 2026 conforming loan limit of $832,750 by $372,250. 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
Homes in 97034 are moving quickly at 22 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 97034 sells for 2.0% below asking price (98.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 97034 at $1,205,000 exceeds the 2026 conforming loan limit of $832,750 by $372,250. 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 97034 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 97034
To purchase the median home at $1,205,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $9,382.
Monthly Payment
$9,382
Income Required
$402,100
Principal & Interest
$7,425/mo
Down Payment (5%)
$60,250
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 97034.
Estimated Monthly Payment
$7,607
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 97034.
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 97034. Tell us what you're looking for.