Why Live in Rivercrest
Rivercrest in Oregon City is a neighborhood situated on the upper terrace where the river crests before descending Willamette Falls. This area, shaped by volcanic eruptions and ice age floods, is known for its proximity to downtown Oregon City, which is less than a five-minute drive away. The neighborhood spans 330 acres and features a mix of craftsman-style homes from the 1930s alongside minimalist traditional, ranch-style, and split-level houses from later decades. These homes typically sit on quarter-acre lots with small front lawns, driveways, and attached two-car garages. Despite the lack of sidewalks, minimal traffic allows for easy walks to nearby parks.
The Oregon City School District serves Rivercrest, with schools like Gaffney Lane Elementary, Gardiner Middle School, and Oregon City High School. Additionally, students have access to specialized institutions such as the Clackamas Academy of Industrial Sciences and the Oregon City Service Learning Academy.
For things to do, residents can visit several parks, including Water Board Park with its scenic overlook of Willamette Falls, Rivercrest Park with a splash pad and baseball field, and Singer Creek Park, which offers a disc golf course and forest-like walking paths. Shopping and dining options are available at the Hilltop Mall shopping center, featuring a Safeway and Bugatti's Oregon City. The waterfront area hosts breweries like McMenamins Oregon City and Oregon City Brewing Company, which also features food trucks and outdoor seating.
Rivercrest is accessible via major thoroughfares such as Interstate 205, state Route 99E, and state Route 213, though I-205 can experience congestion during peak hours.
Frequently Asked Questions
Is Rivercrest a good place to live?
Rivercrest is a good place to live. Rivercrest is considered car-dependent and bikeable with some transit options. Rivercrest is a suburban neighborhood. Rivercrest has 7 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 41. The average household income is $99,040 which is above the national average. College graduates make up 35% of residents. A majority of residents in Rivercrest are home owners, with 35.1% of residents renting and 64.9% of residents owning their home. A
local real estate agent serving Rivercrest can help you decide if this neighborhood is the right one for you. Learn more on our
Rivercrest neighborhood guide.
How much do you need to make to afford a house in Rivercrest?
The median home price in Rivercrest is $502,450. If you put a 20% down payment of $100,500 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,540 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $109K a year to afford the median home price in Rivercrest. The average household income in Rivercrest is $99K.
What are the best public schools in Rivercrest?
The best public schools that serve Rivercrest are:
What are the best private schools in Rivercrest?
The best private schools that serve Rivercrest are:
What are the most popular zip codes in Rivercrest, Oregon City, OR?
What are the most popular neighborhoods near Rivercrest, Oregon City, OR?
Are home prices dropping in Rivercrest?
Yes, home prices in Rivercrest are down 8% in the last 12 months.
Home Trends in Rivercrest, OR
On average, homes in Rivercrest, Oregon City sell after 56 days on the market compared to the national average of 52 days. The median sale price for homes in Rivercrest, Oregon City over the last 12 months is $470,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$470,000
Median Single Family Sale Price
$476,000
Average Price Per Sq Ft
$355
Number of Homes for Sale
7
Last 12 months Home Sales
23
Median List Price
$502,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-4%
