Is Falls City, OR 97344 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Falls City is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Falls City housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Polk County, OR

Population	1,534
Median income	$59,000
Average income	$70,996
Median home value	$320,700
Median rent	$1,086/month
Owner-occupied	77% of homes
Median year built	1975

Natural hazard riskEarthquakes (relatively high), extreme heat (relatively high), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 97344; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 97344

Prefilled for 97344Can I win this house?Multiple-offer likelihood for a listing Prefilled for 97344Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Dallas 97338Balanced $284 /sq ft Independence 97351Balanced $294 /sq ft Monmouth 97361Balanced $284 /sq ft Rickreall 97371Buyer’s market $279 /sq ft Browse all markets →

Towns like Falls City nearby

Find towns like Falls City in other states →

Willamina, OR97396 · 15 miles away81% similarpricier homes ($30K more) · larger Toledo, OR97391 · 29 miles away73% similarpricier homes ($32K more) · larger Dayton, OR97114 · 29 miles away72% similarhigher income ($25K more) · pricier homes ($142K more) Cloverdale, OR97112 · 34 miles away70% similarpricier homes ($91K more) · older residents

Where Falls City is

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Questions about Falls City real estate

What are property taxes in Falls City?

About 0.80% of a home’s value a year in Polk County, or roughly $3,200 on a $400,000 home.

Local agents

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More tools for 97344

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Polk County property taxes Polk County loan limits Closing costs in Oregon Hottest ZIP codes in Oregon

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology