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DALLAS, OR 97338

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The DALLAS, OR real estate market (97338) currently shows 112 active listings, with 32 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has tightened compared to last year, with 32 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 72 days on market compared to 105 days last year.

The median listing price has fallen 14% year-over-year, from $542,450 to $466,750.

Whether you are buying or selling in DALLAS, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 23,201  ·  Density: 71.8/mi²  ·  Median household income: $75,417

Typical home value: $354,375  ·  Homeownership: 74.9%

Market Overview

Active Listings
112
⇩ 22.2% vs 144 last year
Pending
32
29% pending ratio
Median Price
$466,750
⇩ 14% vs $542,450 last year
Average Price
$558,019
⇩ 16.1% vs $665,070 last year
Days on Market
72
⇩ 31.4% vs 105 days last year

Price Per Square Foot

Median $/sqft
$306
⇧ 2.7% vs $298/sqft last year
Median Home Size
1,600 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 112 this year vs 144 last year
  • Days on market: 72 now vs 105 last year

Median & Average Pricing

Year over Year
  • Median: $466,750 (-14% YoY)
  • Average: $558,019 (-16.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.1 miles — 835 listings ($553,500,801 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97338Dallas, OR 973380.0 mi115$67,051,670$470,000$583,058
97344Falls City, OR 973447.8 mi6$2,452,680$470,000$408,780
97378Sheridan, OR 9737810.9 mi34$24,098,622$436,788$708,783
97304Salem, OR 9730412.3 mi135$94,613,265$579,325$700,839
97302Salem, OR 9730213.5 mi169$109,601,232$546,950$648,528
97396Willamina, OR 9739615.4 mi17$7,368,871$360,000$433,463
97303Salem, OR 9730316.7 mi104$51,675,832$466,100$496,883
97347Grand Ronde, OR 9734718.5 mi2$1,750,000$875,000$875,000
97352Jefferson, OR 9735220.1 mi18$38,512,818$635,000$2,139,601
97330Corvallis, OR 9733020.8 mi88$66,108,416$671,343$751,232
97114Dayton, OR 9711421.5 mi10$9,072,770$749,450$907,277
97321Albany, OR 9732122.2 mi105$65,966,145$559,368$628,249
97127Lafayette, OR 9712724.1 mi32$15,228,480$468,450$475,890

Frequently Asked Questions

How many homes are for sale in DALLAS, OR 97338?

As of March 2026, there are 112 active listings in DALLAS, OR (zip code 97338), compared to 144 the prior year.

What is the median home price in DALLAS, OR 97338?

The median listing price in DALLAS, OR 97338 is $466,750 as of March 2026, a 14% decrease from $542,450 the prior year.

How long do homes stay on the market in DALLAS, OR?

Homes in DALLAS, OR 97338 spend an average of 72 days on the market before going under contract, compared to 105 days the prior year.

Is it a seller's or buyer's market in DALLAS, OR 97338?

Based on current inventory and days-on-market data as of March 2026, DALLAS, OR 97338 is currently a Seller's Market. Inventory has tightened compared to last year, with 32 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 72 days on market compared to 105 days last year.

How much can I save on real estate commission in DALLAS, OR?

With SELL123.com's maximum 3% commission, sellers in DALLAS, OR 97338 save an estimated $9,335 compared to a typical 5% commission on the median listing price of $466,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.