Polk County, OR Home Values & Market Trends
The median home price in Polk County, OR is $457,179.51. There were 1,192 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 $425,000. The number of current listings in Polk County, OR is 178, and the percentage of properties for sale is 178.00%. The county has 16 foreclosures, 2 bank owned properties, 14 headed for auction, and 178 properties for sale.
Polk County, OR Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Salem | $ 451,787 $ 261/sqft | Grand Ronde | $ 275,000 $ 217/sqft |
Dallas | $ 533,875 $ 282/sqft | Falls City | $ 332,719 $ 239/sqft |
Independence | $ 401,583 $ 304/sqft | Rickreall | $ 731,243 $ 382/sqft |
Monmouth | $ 540,664 $ 293/sqft |
Housing Market Summary for Polk County, OR
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $489.3K | $441.5K | -9.77% |
Median Sold Price | $445.5K | $441.5K | -0.89% |
Homes For Sale | 187 | 180 | -3.74% |
Homes Sold | 712 | 778 | 9.27% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Polk County, OR
Browse Homes in Polk County, OR
Polk County, OR home values range from $20,320 to $10,000,000. Rickreall is the priciest city with a median listing home price of $1,690,000, and Falls City is most affordable with average house prices of around $375,000.
- Pre-ForeclosurePre-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 OwnedThe median estimated home value of bank owned homes (REO properties) in Polk County, OR ranges from the highest value of $424,900 in Grand Ronde to the lowest value of $260,491 in Salem. Bank owned homes and properties account for 0.01% of properties in Polk County, OR. There are 7 cities within Polk County, OR; Salem containing 4 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSalem has 31 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 0.06% 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 $1,335,051 in Independence to the lowest value of $189,000 in Independence.
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More Real Estate Resources for Polk County, OR
Guide for Polk County, OR
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