Is Dundee, OR 97115 a buyer’s or seller’s market?
Dundee is a seller’s market. With about 2.4 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 74% of U.S. ZIP codes, and #26 of 170 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Dundee housing market right now
In the three months ending August 31, 2026, 29% of homes in Dundee, OR 97115 sold above their list price, the typical home went under contract in 20 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 22%, homes sold faster (33 days then) and the median sale price fell 12% to $534,769. Overall, Dundee is more competitive than a year ago, so tougher for buyers.
Within Yamhill County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 89%. On our competition score, Dundee ranks #26 of 170 OR ZIP codes with enough sales (score 70 out of 100).
Nearby, buyers who want less competition could look at Yamhill 97148 (0% sold over asking) or Lafayette 97127 (7% sold over asking), while Sheridan 97378 (36% sold over asking) is even more competitive.
Run the numbers for 97115
Nearby markets
Amity 97101Buyer’s market $258 /sq ftCarlton 97111Balanced $314 /sq ftDayton 97114Balanced $272 /sq ftGrand Ronde 97347 — /sq ft Browse all markets →Towns like Dundee nearby
Find towns like Dundee in other states →Where Dundee is
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Questions about Dundee real estate
Is Dundee a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Dundee, OR 97115 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Dundee?
The typical home went under contract in 20 days in the latest three months.
Do homes in Dundee sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in Dundee?
About 0.73% of a home’s value a year in Yamhill County, or roughly $2,920 on a $400,000 home.
What is the median home price in Dundee?
The median sale price was $534,769 in the three months ending August 31, 2026, about $336 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology