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DALLAS, OR 97338

Real Estate Market Report  ·  Polk County
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The DALLAS, OR real estate market (97338) currently shows 139 active listings, with 28 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are selling faster, averaging 47 days on market compared to 66 days last year.

The median listing price has risen 7.2% year-over-year, from $489,900 to $524,950.

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
139
⇧ 15.8% vs 120 last year
Pending
28
20% pending ratio
Median Price
$524,950
⇧ 7.2% vs $489,900 last year
Average Price
$606,834
⇩ 9.5% vs $670,560 last year
Days on Market
47
⇩ 28.8% vs 66 days last year

Price Per Square Foot

Median $/sqft
$306
⇧ 0.3% vs $305/sqft last year
Median Home Size
1,755 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 139 this year vs 120 last year
  • Days on market: 47 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $524,950 (+7.2% YoY)
  • Average: $606,834 (-9.5% 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 June 2026, there are 139 active listings in DALLAS, OR (zip code 97338), compared to 120 the prior year.

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

The median listing price in DALLAS, OR 97338 is $524,950 as of June 2026, a 7.2% increase from $489,900 the prior year.

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

Homes in DALLAS, OR 97338 spend an average of 47 days on the market before going under contract, compared to 66 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 June 2026, DALLAS, OR 97338 is currently a Balanced Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 66 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 $10,499 compared to a typical 5% commission on the median listing price of $524,950. 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.