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Housing in Milwaukie

224 homes sold in Milwaukie in the last year, at a typical $506K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Milwaukie homes are listed.

Homes sold
224
June 2025 to May 2026
Typical sale price
$506K
houses $530K · condos $329K
Price per square foot
$317
Oregon $295
Paid vs. asking
100.7%
45% sold over asking
For sale now
36
May 2026 · 27 sold that month
What sold · last 12 months

9% of Milwaukie’s sales are condos, at $201K less than a house

192 houses and 21 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$530K

typical sale · 192 sold in 12 months

Per square foot
$317OR $296
Days to sell
18
Sold over asking
47%
Listings with a price cut
41%
Condos$329K

typical sale · 21 sold in 12 months

Per square foot
$325OR $316
Days to sell
110
Sold over asking
38%
Listings with a price cut
18%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $716K
Townhouses: 4 sold, typical $458K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.6 times the 2016 price

224 sales in the last year, against 423 in 2015 and a low of 206 in 2024. The typical sale went from $318K in 2016 to $506K.

Homes soldTypical sale price
0112225337450$225K$350K$475K$600K2012: 265 sold, typical $182K’122013: 309 sold, typical $215K2014: 316 sold, typical $239K’142015: 423 sold, typical $274K2016: 416 sold, typical $318K’162017: 369 sold, typical $346K2018: 372 sold, typical $357K’182019: 370 sold, typical $379K2020: 376 sold, typical $415K’202021: 403 sold, typical $480K2022: 298 sold, typical $509K’222023: 207 sold, typical $504K2024: 206 sold, typical $505K’242025: 219 sold, typical $512KLast 12 months: 224 sold, typical $506KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Milwaukie

Houseat $317 a sq ft
Condoat $325 a sq ft
The same money in Oregonat $296 a sq ft

Is this asking price fair?

Check a listing against what Milwaukie homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Milwaukie are back to pre-pandemic levels, with about as many homes for sale

We read every month of Milwaukie’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 224 sales.

If you’re buying in Milwaukie

  • Shop in September. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (49% over asking).
  • Less room to haggle. Only 30% of listings cut their price, against 36% before the pandemic.
  • Bid near asking. Buyers paid 100.7% of the list price on average; 45% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 40 a month), but May is the most competitive: 66% of May sales close over asking. August and September offer nearly as much choice with fewer homes bid up (53%). January has the least competition (37%) but only about 23 new listings.

New listings a monthShare sold over asking
011.322.533.84527%53%80%Sweet spotJan: 23 new listings a month, 37% sold over asking, 29 days to sellJFeb: 22 new listings a month, 48% sold over asking, 20 days to sellFMar: 33 new listings a month, 55% sold over asking, 9 days to sellMApr: 38 new listings a month, 58% sold over asking, 9 days to sellAMay: 40 new listings a month, 66% sold over asking, 6 days to sellMJun: 40 new listings a month, 63% sold over asking, 6 days to sellJJul: 37 new listings a month, 55% sold over asking, 9 days to sellJAug: 39 new listings a month, 53% sold over asking, 10 days to sellASep: 32 new listings a month, 49% sold over asking, 11 days to sellSOct: 30 new listings a month, 45% sold over asking, 14 days to sellONov: 17 new listings a month, 47% sold over asking, 18 days to sellNDec: 11 new listings a month, 42% sold over asking, 25 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Oregon

Milwaukie now2017–192021 peakOR now
Sold over askingShare of sales that closed above the list price45%48%66%24%
Gone within two weeksShare of homes under contract within 14 days51%53%70%31%
Listings with a price cutShare of homes for sale that cut their price30%36%30%30%
Price paid vs. askingAverage sale price ÷ list price100.7%100.9%105.1%98.8%
Days to sellMedian days from listing to contract1914746
Supply

45 homes for sale on a typical day

That’s twice the 2021 low (23), about the 2017–19 level and well under 2012’s 79.

2012: 79 for sale’122013: 58 for sale2014: 51 for sale2015: 37 for sale’152016: 37 for sale2017: 31 for sale2018: 44 for sale’182019: 47 for sale2020: 27 for sale2021: 23 for sale’212022: 30 for sale2023: 30 for sale2024: 27 for sale’242025: 39 for saleLast 12 months: 45 for saleNow
Room to negotiate

1 in 3 listings has cut its price

30% in the last year, against 36% in 2017–19 and 30% across Oregon.

2015: 27%’152016: 28%2017: 38%2018: 37%’182019: 33%2020: 28%2021: 30%’212022: 40%2023: 34%2024: 36%’242025: 31%Last 12 months: 30%Now
Prices by type

Since 2019, houses are up 39%, condos 25%

A house typically sold for $530K in the last year (192 sales), a condo for $329K (21).

$225K$350K$475K$600K2013201520172019202120232025NowHouses 2013: $217K, 284 salesHouses 2014: $241K, 297 salesHouses 2015: $276K, 388 salesHouses 2016: $319K, 383 salesHouses 2017: $353K, 338 salesHouses 2018: $359K, 347 salesHouses 2019: $380K, 345 salesHouses 2020: $418K, 349 salesHouses 2021: $486K, 379 salesHouses 2022: $514K, 278 salesHouses 2023: $505K, 194 salesHouses 2024: $522K, 176 salesHouses 2025: $522K, 198 salesHouses last 12 months: $530K, 192 salesHouses $530KCondos 2013: $136K, 20 salesCondos 2014: $165K, 12 salesCondos 2015: $156K, 27 salesCondos 2016: $192K, 21 salesCondos 2017: $208K, 21 salesCondos 2018: $226K, 17 salesCondos 2019: $264K, 18 salesCondos 2020: $239K, 20 salesCondos 2021: $273K, 16 salesCondos 2022: $314K, 13 salesCondos 2023: $339K, 9 salesCondos 2024: $285K, 18 salesCondos 2025: $332K, 15 salesCondos last 12 months: $329K, 21 salesCondos $329K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Oregon

Milwaukie ranks 2nd of 109 busy Oregon markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Milwaukie is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Milwaukie home costs about $3,034 a month

Mortgage
Property tax
Insurance
Rent

Price: Milwaukie’s typical sale, last 12 months. Property tax at Milwaukie’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Milwaukie is affordable on local pay is on Cost of living.

Before you buy in Milwaukie

Six things worth knowing

40

New listings in June

The month with the most choice. December has the fewest, about 11.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $506K home, about $4,730 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Milwaukie, from test results, graduation and how much students grow.

Schools in Milwaukie
26 min

Typical commute

The average one-way trip to work for people who live in Milwaukie.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Oatfield, Jennings Lodge and Gladstone sell for less a square foot; Dunthorpe for far more

The busier markets within 25 miles of Milwaukie, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lake Oswego617$931K$37220%40
Milwaukie224$506K$31745%19
Oak Grove175$527K$31539%20
Oatfield161$570K$30735%29
Gladstone121$518K$29241%25
Jennings Lodge74$525K$30142%42
Dunthorpe30$1.9M$4277%77

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Milwaukie, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Milwaukie. People who follow the town see it, and so do people comparing Milwaukie with their own town. No commission, no listing fee.

Questions about buying a home in Milwaukie

What do homes sell for in Milwaukie, OR?

224 homes sold in the year to May 2026 at a typical $506K, $317 a square foot. Houses sold for about $530K, condos for about $329K.

Is Milwaukie a buyer’s or seller’s market?

A seller’s market: 36 homes were for sale in May 2026 and 27 sold, about 1.3 months of supply. Buyers paid 100.7% of asking on average, and 30% of listings cut their price.

When is the best time to buy in Milwaukie?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Milwaukie?

About 0.9% of a home’s value a year. On a $506K home that’s near $4,730.

Where can I see homes for sale in Milwaukie?

Zillow, Redfin, Realtor.com and Homes.com all carry Milwaukie’s MLS listings; the search links above open each one filtered to Milwaukie.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).