The story of this market
The typical home in ZIP 97089 sells for about $667,000, or $315 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $2,605 a month.
ZIP 97089 — Damascus
The 97089 market remains stable with high home values and low inventory, reflecting strong demand for suburban living. While year-over-year price growth has cooled slightly, the area's desirability and limited supply continue to support current valuations.
This ZIP is ideal for family buyers and those seeking a semi-rural lifestyle within commuting distance of Portland, offering larger lot sizes and a quieter environment than the city center.
Median prices moved down 1.2% year over year.
Homes spend a median of 48 days on market with 4.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.9% · poverty 5.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 97089, Clackamas County OR
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Damascus area are generally low, reflecting a suburban and semi-rural character that compares favorably to the higher crime density found in the Portland urban core.
Schools serving the area are primarily part of the North Clackamas School District, which generally maintains solid performance ratings and is well-regarded by local families.
The area faces moderate wildfire risk common to the forested fringes of the Willamette Valley, with standard flood risks associated with local creek basins.
Growth is driven by residential expansion from the Portland metro area, with infrastructure development focused on managing the transition from rural to suburban density.
Property taxes are assessed by Clackamas County based on real market value, with additional levies for local school districts and emergency services; there is no state-level sales tax in Oregon.
Commuters typically rely on Highway 212 and 224 for access to the Portland employment core, with most residents facing a 30-45 minute drive depending on traffic.
The area features extensive access to natural amenities, including nearby parks, hiking trails, and proximity to the Clackamas River, with shopping centers located in neighboring Happy Valley.
The rental market is characterized by low vacancy rates and a limited supply of multi-family units, with most rentals consisting of single-family homes.
The economy is largely tied to the broader Portland-Vancouver-Hillsboro metro area, with residents commuting to major employers in tech, healthcare, and manufacturing.
Transportation is primarily automobile-dependent, with limited public transit options connecting the area to the regional MAX light rail system.
Development is focused on managed residential growth, with strict land-use regulations governing the conversion of rural land to residential use.
Clackamas County Assessment and Taxation department manages property valuations, adhering to Oregon's constitutional limits on assessed value growth.
Parcels are subject to various special districts, including fire protection, water, and school districts, which are reflected in the total property tax bill.
Property insurance premiums are rising due to regional wildfire risk, though the area remains insurable with standard coverage.
Oregon continues to see net domestic migration, though the pace has moderated compared to the 2020-2021 period.
Oregon is primarily a non-judicial foreclosure state, with a statutory process that provides specific notice and redemption rights to homeowners.
Sellers are required to provide a comprehensive property disclosure statement covering material defects, though 'as-is' sales are permitted.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Hopscotch Portland4.811.9 mi
- Oaks Amusement Park4.410.8 mi
- Bullwinkle's4.417.2 mi
- Langer's Entertainment Center4.419.2 mi
- Sky Zone Trampoline Park3.816.7 mi
- Moda Center4.513 mi
- Providence Park4.613.6 mi
- Oregon Convention Center4.512.7 mi
- Revolution Hall4.611.9 mi
- Portland Art Museum4.613.1 mi
- The Grotto4.710.9 mi
- Vista House at Crown Point4.812.9 mi
- Hopscotch Portland4.811.9 mi
- Oaks Amusement Park4.410.8 mi
- Mt. Tabor Park4.89.4 mi
- Portland Japanese Garden4.614.2 mi
- OMSI4.512.1 mi
- The Grotto4.710.9 mi
- Vista House at Crown Point4.812.9 mi
- Hopscotch Portland4.811.9 mi
- The Grotto4.710.9 mi
- Mt. Tabor Park4.89.4 mi
- Laurelhurst Park4.711 mi
- Pioneer Courthouse Square4.413 mi
- Tom McCall Waterfront Park4.512.8 mi
- Portland Yacht Club4.715.8 mi
- Riverplace Marina4.612.4 mi
- Tomahawk Bay Marina4.316.2 mi
- eNRG Kayaking4.88.4 mi
- Tidewater Cove Marina4.515.3 mi
- Glendoveer Golf & Tennis4.48 mi
- Eastmoreland Golf Course4.39.9 mi
- Rose City Golf Course4.110.5 mi
- Colwood Golf Center4.412 mi
- Sah-Hah-Lee Golf Course4.64.2 mi
- Clackamas Town Center4.36.1 mi
- Fred Meyer411.8 mi
- Pioneer Place4.212.9 mi
- Fred Meyer410.5 mi
- Portland Saturday Market4.512.7 mi
- Portland International Airport4.513.2 mi
- Providence Saint Vincent Hospital Heliport4.616.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
Provides regional access for fishing, boating, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.