Polk County, OR Home Values & Market Trends
The median home price in Polk County, OR is $450,968.25. There were 1,204 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 222, and the percentage of properties for sale is 222.00%. The county has 14 foreclosures, 1 bank owned properties, 13 headed for auction, and 222 properties for sale.
Polk County, OR Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Salem | $ 450,000 $ 255/sqft | Grand Ronde | $ 254,065 $ 227/sqft |
| Dallas | $ 509,068 $ 294/sqft | Falls City | $ 400,000 $ 246/sqft |
| Independence | $ 464,366 $ 289/sqft | Rickreall | $ 734,163 $ 383/sqft |
| Monmouth | $ 486,250 $ 267/sqft |
Housing Market Summary for Polk County, OR
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $499.9K | $435.8K | -12.82% |
| Median Sold Price | $449.7K | $435.8K | -3.08% |
| Homes For Sale | 218 | 207 | -5.05% |
| Homes Sold | 675 | 715 | 5.93% |
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 $18,474 to $8,270,216. Rickreall is the priciest city with a median listing home price of $1,590,000, and Grand Ronde is most affordable with average house prices of around $348,000.
- 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 $885,711 in Salem to the lowest value of $247,847 in Salem. Bank owned homes and properties account for 0.00% of properties in Polk County, OR. There are 7 cities within Polk County, OR; Salem containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSalem has 36 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 0.05% 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 $1,432,361 in Independence to the lowest value of $197,256 in Independence.
Compare Nearby Cities
More Real Estate Resources for Polk County, OR
Guide for Polk County, OR
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