First American Market Report

Milwaukie, OR

Single-Family Homes

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Milwaukie, OR

Sun Aug 01 2021
This week the median list price for Milwaukie, OR is $577,000 with the market action index hovering around 94. This is less than last month's market action index of 97. Inventory has increased to 51. Click here to stay informed with the Milwaukie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Milwaukie, OR

Sun Aug 01 2021
This week the median list price for Milwaukie, OR is $577,000 with the market action index hovering around 94. This is less than last month's market action index of 97. Inventory has increased to 51. Click here to stay informed with the Milwaukie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Milwaukie market.
Median List Price $577,000
Median Price of New Listings $549,900
Per Square Foot $270
Average Days on Market 24
Median Days on Market 14
Price Decreased 24%
Price Increased 6%
Relisted 10%
Inventory 51
Median Rent
Market Action 94
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$766,967 2,960 0.5 - 1 acre 4 3 27 5 5 38
$625,000 2,630 8,000 - 10,000 sqft 4 2 55 4 3 14
$525,000 1,858 6,500 - 8,000 sqft 3 2 40 8 8 0
$449,000 1,310 6,500 - 8,000 sqft 3 2 54 7 7 14