Welches, Oregon.
Typical home $422,011 (-0.3% in a year). Portland-Vancouver-Hillsboro, OR-WA metro.
to buy the typical home at today's mortgage rate — +$1,120 (+102%) since Jan 2020.
- 1 year
- Down $1,140 -0%
- $423,151$422,011 since Sep 2025
- 5 years
- Up $43,085 +11%
- $378,926$422,011 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Welches$2,215
- Oregon$2,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 32 years.
Typical home values in Welches, OR fell 0.3% over the past year — slower than the nation's +1.2%.
Living in Welches, Clackamas County, Oregon
The Census does not count Welches on its own, so the figures here are Clackamas County's. Half the county's households earn more than $103,517 a year and half less; 8% of the county's people live below the poverty line. 71% of the county's homes are lived in by their owners and 29% are rented. Unemployment in Clackamas County was 4.8% in August 2026, and the county had 0.3% more jobs in 2025 than the year before. The most people in Clackamas County work in schools and health care, then shops.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Welches is a small community in Clackamas County, Oregon, in the foothills of the Cascade Mountains near Mount Hood. Winters bring a great deal of snow, and the rain is steady through much of the year. Most homes here are lived in by their owners, and the county's population includes many people who have been settled in the area for years.
Work. Across Clackamas County, unemployment has eased a little over the past year, and the number of jobs has grown slightly. Many residents work in schools, hospitals and social care, in shops, in professional and business services, and in manufacturing. A sizable share of adults hold a college degree, and a fair number of people work from home.
Things to do. Multnomah Falls, one of the best known waterfalls in the region, lies a longer drive away. Mirror Lake is a short drive away and makes a quiet place for a lakeside outing. The Salmon–Huckleberry Wilderness, a protected area, is in or beside town.
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- 163,845households
- 42.3median age
- 40%of adults have a degree
- 8%below the poverty line
- 26 mintypical commute
- 21%work from home
What people in Clackamas County work in
Employed residents by industry, from the Census survey. Clackamas County had 174,819 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 35° and lows near 26°; warmest in August, with highs near 70° and lows near 48°. About 232 inches of snow and 90 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Government Camp weather station, 11 miles away (NOAA).
Largest workplaces in Clackamas County
- Clackamas CountyGeneral public administration2,659
- North Clackamas SD 12School district1,875FTE
- Kaiser Sunnyside Medical CenterGeneral hospital1,720FTE
- West Linn-Wilsonville SD 3JSchool district1,144FTE
- Fred Meyer StoresGeneral warehouse and storage895
- Lake Oswego SD 7JSchool district887FTE
- Oregon City SD 62School district858FTE
- Clackamas Community CollegeTwo-year college776
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 408 workplaces with 20 or more staff, 47,277 people in all. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Cold wavesRelatively high
- Inland floodingRelatively high
- Strong windRelatively high
- Ice stormsRelatively high
- AvalanchesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Clackamas County, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Clackamas County and the Portland-Vancouver-Hillsboro, OR-WA metro.
Welches home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Welches$422,011
- Oregon$492,753
- United States$366,157
Sellers are cutting prices on about 1 in 3 Welches listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Welches30.30%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Welches35
New listings per month
Sellers arriving at the market.
- Welches8
Zip codes with a Welches address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Welches — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Welches
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 97067 | Welches | 2,125 | — | $442,419 |
| 97028 | Government Camp | 230 | — | $671,459 |