Dallas Housing Market Report December 2024•Polk County, Oregon

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Housing Prices in Dallas, OR

How much do homes in Dallas, OR cost?

Housing Market Conditions

Is Dallas, OR a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Dallas is a Seller's Market

Difference Since December 2023

At the same time last year, Dallas was a Buyer's Market.

Insight

Dallas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$430,000$290/SqFt
+$1,000
0.2%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Dallas has remained the same since last year.

Summary: The median home sold price in Dallas was $430,000 in December 2024, up 0.2% from last year, and the median price per square foot was $290.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$280K-
N/A
2$348K$374.4K
+7.6%
3$429.2K$420K
-2.2%
4$460K$499.9K
+8.7%
5$601K$680K
+13.1%

Summary: Dallas housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +7.6%. The home price for 3 bedroom homes decreased by -2.2%. The home price for 4 bedroom homes increased by +8.7%. The home price for 5 bedroom homes increased by +13.1%.

Housing supply in Dallas, OR

How many homes are available in Dallas, OR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
46Last MonthDec 2024
502 months agoNov 2024
-8.0 %
Change MoMNov – Dec

Summary: The Dallas real estate market had 46 homes for sale in Dec 2024, a 8.0 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
10Last MonthDec 2024
82 months agoNov 2024
+25.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
278
+14.3%
33429
-14.7%
477
0.0%
522
0.0%

Summary: Dallas housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 3 bedroom homes decreased by -14.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Dallas, OR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price3 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Dallas, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Dallas in December 2024, up by 25.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and and 40% were sold over asking.

Days on Market for Dallas, OR

How long does it take to sell a home in Dallas, OR?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days4 Homes

Over 90 Days5 Homes

Insight

Most homes in Dallas are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 10 homes were sold in Dallas; 10% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
105 DaysThis YearDec 2024
68 Days1 year agoDec 2023
+53.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Dallas had an average listing age of 105 days in Dec 2024, up by 53.9% compared to the previous year.

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Newest Listings in Dallas, OR

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Nearby markets aren't available for Dallas, OR

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MLS Disclaimers and Copyright

Based on information from Regional Multiple Listing Service, for the period 01/01/2023 - 01/01/2025

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.