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FALLS CITY, OR 97344

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

Market Analysis

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

The FALLS CITY, OR real estate market (97344) currently shows 5 active listings, with 1 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 73 days on market compared to 18 days last year.

The median listing price has fallen 47.1% year-over-year, from $366,725 to $194,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
5
⇧ 25% vs 4 last year
Pending
1
20% pending ratio
Median Price
$194,000
⇩ 47.1% vs $366,725 last year
Average Price
$276,750
⇩ 26.2% vs $375,054 last year
Days on Market
73
⇧ 305.6% vs 18 days last year

Price Per Square Foot

Median $/sqft
$200
⇩ 21.9% vs $256/sqft last year
Median Home Size
972 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 4 last year
  • Days on market: 73 now vs 18 last year

Median & Average Pricing

Year over Year
  • Median: $194,000 (-47.1% YoY)
  • Average: $276,750 (-26.2% 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 24.8 miles — 815 listings ($566,648,549 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97344Falls City, OR 973440.0 mi6$2,452,680$470,000$408,780
97361Monmouth, OR 973619.4 mi34$22,544,176$570,000$663,064
97378Sheridan, OR 9737814.7 mi34$24,098,622$436,788$708,783
97347Grand Ronde, OR 9734717.3 mi2$1,750,000$875,000$875,000
97326Blodgett, OR 9732618.2 mi1$699,000$699,000$699,000
97306Salem, OR 9730619.0 mi135$90,125,730$562,000$667,598
97302Salem, OR 9730219.7 mi169$109,601,232$546,950$648,528
97304Salem, OR 9730420.0 mi135$94,613,265$579,325$700,839
97321Albany, OR 9732122.2 mi105$65,966,145$559,368$628,249
97352Jefferson, OR 9735223.2 mi18$38,512,818$635,000$2,139,601
97310Salem, OR 9731024.2 mi1$650,000$650,000$650,000
97380Siletz, OR 9738024.3 mi4$4,277,800$1,059,475$1,069,450
97367Lincoln City, OR 9736724.8 mi171$111,357,081$551,750$651,211

Frequently Asked Questions

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

As of April 2026, there are 5 active listings in FALLS CITY, OR (zip code 97344), compared to 4 the prior year.

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

The median listing price in FALLS CITY, OR 97344 is $194,000 as of April 2026, a 47.1% decrease from $366,725 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 73 days on the market before going under contract, compared to 18 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 April 2026, FALLS CITY, OR 97344 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 73 days on market compared to 18 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 $3,880 compared to a typical 5% commission on the median listing price of $194,000. 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.