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FALLS CITY, OR 97344

Real Estate Market Report  ·  Polk County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
1
25% pending ratio
Median Price
$357,500
⇩ 5.9% vs $379,950 last year
Average Price
$366,633
⇩ 3.5% vs $379,950 last year
Days on Market
197
⇧ 328.3% vs 46 days last year

Market Context

Population: 1,605  ·  Density: 53.8/mi²  ·  Median household income: $50,179

Typical home value: $254,990  ·  Homeownership: 70.8%

Market Analysis

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

The FALLS CITY, OR real estate market (97344) currently shows 4 active listings, with 1 pending sales. Homes are averaging 197 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 197 days on market compared to 46 days last year.

The median listing price has fallen 5.9% year-over-year, from $379,950 to $357,500.

Whether you are buying or selling in FALLS CITY, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 197 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $357,500 (-5.9% YoY)
  • Average: $366,633 (-3.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 541 listings ($353,413,776 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97344Falls City, OR 973440.0 mi4$1,466,532$357,500$366,633
97361Monmouth, OR 973619.4 mi30$25,437,450$663,800$847,915
97378Sheridan, OR 9737814.7 mi33$23,070,663$519,000$699,111
97347Grand Ronde, OR 9734717.3 mi2$798,000$399,000$399,000
97330Corvallis, OR 9733018.4 mi81$63,027,963$675,000$778,123
97357Logsden, OR 9735719.4 mi2$870,000$435,000$435,000
97101Amity, OR 9710119.7 mi20$19,547,440$899,250$977,372
97370Philomath, OR 9737020.0 mi21$16,238,460$573,800$773,260
97368Otis, OR 9736822.9 mi20$18,750,500$877,000$937,525
97301Salem, OR 9730123.3 mi126$53,362,260$395,000$423,510
97303Salem, OR 9730324.3 mi86$43,652,912$474,900$507,592
97343Eddyville, OR 9734324.5 mi2$2,248,600$1,124,300$1,124,300
97128Mcminnville, OR 9712824.9 mi114$84,942,996$529,000$745,114

Frequently Asked Questions

How many homes are for sale in FALLS CITY, OR 97344?

As of January 2026, there are 4 active listings in FALLS CITY, OR (zip code 97344), compared to 2 the prior year.

What is the median home price in FALLS CITY, OR 97344?

The median listing price in FALLS CITY, OR 97344 is $357,500 as of January 2026, a 5.9% decrease from $379,950 the prior year.

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

Homes in FALLS CITY, OR 97344 spend an average of 197 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in FALLS CITY, OR 97344?

Based on current inventory and days-on-market data as of January 2026, FALLS CITY, OR 97344 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 197 days on market compared to 46 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FALLS CITY, OR 97344 save an estimated $7,150 compared to a typical 5% commission on the median listing price of $357,500. 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.