Is Rickreall, OR 97371 a buyer’s or seller’s market?
Rickreall is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Rickreall housing market right now
In the three months ending August 31, 2026, 0% of homes in Rickreall, OR 97371 sold above their list price, the typical home went under contract in 328 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (155 days then) and the median sale price fell 34% to $474,795. Overall, Rickreall is less competitive than a year ago, which gives buyers more room.
Within Polk County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Independence 97351 (30% sold over asking) and Monmouth 97361 (24% sold over asking) are even more competitive.
Run the numbers for 97371
Nearby markets
Dallas 97338Balanced $284 /sq ftFalls City 97344 — /sq ftIndependence 97351Balanced $294 /sq ftMonmouth 97361Balanced $284 /sq ft Browse all markets →Where Rickreall is
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Questions about Rickreall real estate
Is Rickreall a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Rickreall, OR 97371 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 Rickreall?
The typical home went under contract in 328 days in the latest three months.
Do homes in Rickreall sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Rickreall?
About 0.80% of a home’s value a year in Polk County, or roughly $3,200 on a $400,000 home.
What is the median home price in Rickreall?
The median sale price was $474,795 in the three months ending August 31, 2026, about $279 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