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All market snapshots / 97338

Dallas, OR 97338 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Dallas, OR inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 8484PendingPending sales: 22
Dallas, OR: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $497k$497kSoldMedian sold price (last 6 months): $455k$455k
What homes actually sell for in Dallas, OR
Distribution of 192 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $378k to $572k
$148k to $239k: 11 sales$148k$239k to $330k: 14 sales$330k to $421k: 47 sales47sales$330k$421k to $512k: 39 sales$512k to $603k: 32 sales$512k$603k to $693k: 11 sales$693k to $784k: 10 sales$693k$784k to $875k: 10 salesMedian $455k

What the numbers say

As of October 5, 2026, Resideline is tracking 84 active listings and 2 pending sales in ZIP code 97338. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $497,440, while the median of the 192 closed sales Resideline tracked over the last six months was $455,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 97338 for 80 days.

Frequently asked questions

What is the median home price in 97338?

The median closed sale price in Dallas, OR 97338 was $455,000 over the last six months, based on 192 closed sales tracked by Resideline. The middle half of those sales ranged from $378,000 to $572,500.

Is 97338 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 84 active listings in 97338, a pending-to-active ratio of 0.02. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 97338 currently looks like a balanced market.

Nearby ZIP code market data

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