The story of this market
The typical home in Milwaukie, Oregon sells for about $550,000, or $315 per square foot.
Prices are roughly flat from a year ago (+0.4%), a market in balance. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
Monthly price momentum
Home values since 2015
+0.3%
OR · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Milwaukie, Oregon
Milwaukie's housing market shows resilience with steady home values and active interest in transit-oriented developments. While year-over-year price growth is modest, the city's affordability relative to Portland continues to drive demand. The market is currently balanced, supported by ongoing infrastructure investments and a stable local economy.
No ARED county foreclosure postings attributed to Milwaukie yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.13% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 7.9% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A key waterfront destination providing public access to the Willamette River, featuring walking paths and picnic areas that enhance local property values.
A major regional multi-use trail that connects Milwaukie to Portland, serving as a primary artery for cyclists and pedestrians.
The city's historic core, currently undergoing revitalization with new mixed-use developments and local businesses.
Milwaukie is an ideal fit for commuters and families seeking a balance between suburban tranquility and urban accessibility. Its mix of established neighborhoods and new transit-oriented housing appeals to both long-term residents and younger professionals working in the Portland metro area.
Public education is primarily served by the North Clackamas School District, which is generally regarded as providing stable academic programming and diverse extracurricular opportunities for students.
The city is well-connected to the Portland metro area via the MAX Orange Line light rail and major highway corridors like OR-99E. These transit options facilitate efficient commuting for residents working in downtown Portland.
Milwaukie offers extensive recreational access, anchored by the Willamette River waterfront and the regional Springwater Corridor trail system. The city maintains numerous parks and community spaces that support an active, outdoor-oriented lifestyle for residents.
The rental market in Milwaukie is characterized by moderate demand, supported by new multifamily developments like the Axletree Apartments. Vacancy rates remain competitive, and the city serves as a popular alternative for renters seeking proximity to Portland at a lower price point.
Milwaukie's economy is diverse, benefiting from its role as a residential suburb with a growing local commercial base. Major employment sectors include healthcare, retail, and professional services, with strong momentum driven by transit-oriented development.
Milwaukie is undergoing a significant urban transformation, characterized by transit-oriented redevelopment near the light rail station and increased density in the downtown core. The city benefits from its proximity to Portland's major employment hubs while fostering its own local business ecosystem.
The city is actively prioritizing infill development and the modernization of its downtown infrastructure to support long-term population growth. Current planning efforts focus on balancing density with the preservation of neighborhood character.
Parcels in Milwaukie are subject to standard municipal and county taxing districts, including the North Clackamas School District and various regional service districts for water and fire protection.
Milwaukie experiences crime rates generally consistent with suburban Portland-area municipalities, with property crime being the primary concern. Local law enforcement maintains active community engagement and transparency initiatives to address public safety trends.
The city faces standard Pacific Northwest climate risks, including potential for winter storm impacts and localized flooding near the Willamette River. Insurance markets remain stable, though residents in specific flood-prone zones may require supplemental coverage.
Property insurance markets in Milwaukie are generally stable, though homeowners should account for standard regional risks such as wind and water damage in their coverage planning.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oregon) — Active-Duty Military Property Tax Exemption: Allows for the exemption of a portion of the assessed value of a primary residence from local property taxes for a period of three to five years in standard zones, or up to 15 years in rural zones. State (Oregon) — Disabled Veteran or Surviving Spouse Property Tax Exemption: Provides a reduction in the assessed value of the primary residence, effectively lowering the property tax burden based on the exemption amount set by statute. State (Oregon) — Ad Valorem Property Tax: Tax is calculated on the lesser of Real Market Value (RMV) or Maximum Assessed Value (MAV). MAV is limited to a 3% annual growth rate unless physical changes occur to the property. The tax is the product of the taxable assessed value and the local taxing district's millage rate.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and ACS 5-year tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.