Canby, OR — Momentum Score, Home Values & Best-For

Clackamas County · Portland-Vancouver-Hillsboro · population 18,027

Small-town feel
View watchlist →
59
Stable
Momentum score · 0–100

Where Canby stands

At or near all-time high.

Median home $596,176
1-year +0.5%
5-yr CAGR +3.5%
vs 5-yr peak -0.6%
Population -0.2%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2022-06$596k$313k$416k$520k$624k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
15/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
77/100
Strong remote-work fit
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$2,036/mo$1,809$1,983$2,15820242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent10210410020242026

Rent vs buy

Price-to-rent ratio: 24.4
Lean rent

At a 24.4 price-to-rent ratio, the math is starting to lean toward renting in Canby. Owner-occupier ROI requires longer holds and the assumption that prices keep appreciating roughly at the rate of rent.

How the momentum score breaks down

methodology →
Home YoY
53 · w22%
Home 5-yr CAGR
56 · w22%
Distance from peak
86 · w18%
Population growth
42 · w16%
Rent YoY
50 · w12%
Home 10-yr CAGR
67 · w10%
Long thesis

Canby has held up across the cycle: home values at $596,176 with +3.5% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Canby's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Canby

Canby is a city in Clackamas County, Oregon, with an estimated population of 18,027. It anchors the Portland-Vancouver-Hillsboro metro area. The median home value in Canby is $596,176 as of 2026-04, up 0.5% over the last 12 months. Over the last five years, home values have averaged +3.5% annual growth, with prices at or near the 5-year peak. Rents in Canby average $2,036 per month, roughly flat year-over-year (+0.8%). The composite momentum score is 59 of 100 (Stable). Conditions are neither hot nor cold, so the local fit matters more than market timing.

Bull case

Held the highs: currently -0.6% from the 5-year peak — this market refused to give back gains.
The data is the data: Canby has at least 5 years of Zillow tracking, full Census identification, and is included in the 2-criteria momentum score on this page.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

Playbook

Buyer

Lifestyle fit matters more than market timing in a Stable market. Take your time on the home and neighborhood; the macro trend isn't urgent. Negotiate normally.

Seller

Price competitively from day one or risk a 60+ day listing. Staging, photography, and presentation matter more in Stable markets than in Hot ones.

Investor

Stable cap rates, no big appreciation story to lean on. Underwrite this as a pure cash-flow play — the math has to work on rent alone.

Local safety & alerts

No active National Weather Service alerts for Clackamas County right now.

Public-safety links are official .gov sources, not curated by us. Clackamas County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Canby

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
47° / 35°
avg high / low
Summer (Jul)
82° / 53°
avg high / low
Sunny days/yr
178
~49% of year
Annual precip
28″ rain
12″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very low
Wildfire
High
Earthquake
High
Flood
Low

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Canby listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local sports teams

Major professional teams the Portland-Vancouver-Hillsboro area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Local economy & environment

Humidity
75%
Very humid climate
Median household income
$80,400
Oregon state median
Top industries (state-level)
Tech (Intel)ManufacturingForestry

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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