Polk County, OR Home Values & Market Trends

The median home price in Polk County, OR is $477,705. There were 1,137 home sales in Polk County, OR over the past 12 months. The median residential Polk County, OR home value for transactions over the previous year is $437,000. The number of current listings in Polk County, OR is 1,582, and the percentage of properties for sale is 1582.00%. The county has 6 foreclosures, 4 bank owned properties, 2 headed for auction, and 1,582 properties for sale.

Polk County, OR Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Salem

$ 446,405

$ 271/sqft

Falls City

$ 376,022

$ 232/sqft

Dallas

$ 457,921

$ 296/sqft

Rickreall

$ 395,000

$ 279/sqft

Independence

$ 418,777

$ 286/sqft

Grand Ronde

$ 681,734

$ 294/sqft

Monmouth

$ 485,743

$ 287/sqft

Housing Market Summary for Polk County, OR

Sep 2025September 2026Change
Median Listing Price$499.9K$482.8K-3.43%
Median Sold Price$493.8K$488.4K-1.10%
Homes For Sale1,1351,56838.15%
Homes Sold533386-27.58%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Polk County, OR

Polk County, OR home values range from $46,651 to $3,200,000. Grand Ronde is the priciest city with a median listing home price of $580,000, and Rickreall is most affordable with average house prices of around $346,450.

Foreclosure
There are 7 cities within Polk County, OR; within these cities, the median estimated home value for homes in foreclosure ranges from $522,850 in Salem to the lowest value of $209,000 in Salem. Foreclosure homes account for 0.00% of properties in Polk County, OR with Salem containing 48 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Polk County, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Polk County, OR; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Polk County, OR ranges from the highest value of $899,900 in Monmouth to the lowest value of $242,271 in Salem. Bank owned homes and properties account for 0.20% of properties in Polk County, OR. There are 7 cities within Polk County, OR; Salem containing 11 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Salem has 37 auction properties, the highest number of properties going to auction in a single city in the state of Polk County, OR. Auction homes and other auction properties account for 0.10% of all properties in Polk County, OR. There are 7 cities within Polk County, OR; of those cities, the median estimated home value for homes going to auction ranges from $862,904 in Dallas to the lowest value of $209,000 in Dallas.
Homes for Sale
Homes and properties that are actively listed for sale account for 78.16% of residential properties in Polk County, OR with Salem containing 3832 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Polk County, OR; homes for sale in those cities, have a range of median values from $825,000 in Grand Ronde to the lowest value of $46,651 in Dallas.
    Sold Homes
    The median value for recently sold homes ranges from $692,394 in Grand Ronde to the lowest price of $136,583 in Grand Ronde. There are 7 cities within Polk County, OR. Salem has 1106 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 21.25% of properties in Polk County, OR.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Polk County, OR
      $
      $

      Guide for Polk County, OR

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.