Is The Dalles, OR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing The Dalles is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, The Dalles has remained a Seller's Market.

Key Takeaway

The Dalles is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in The Dalles, OR

How much do homes in The Dalles, OR cost?

Median Sold Price

$378,000

$225/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$12,000(-3.1%)

Key Takeaway

Homes in The Dalles have sold for 3.1% less than they did a year ago.

Summary: The median home sold price in The Dalles was $378,000 in October 2024, down 3.1% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $162K$274.5K
+69.4%
2 $299K$323.5K
+8.2%
3 $394.9K$406K
+2.8%
4 $446K$429K
-3.8%
5+ $485K$490K
+1.0%

Summary: The Dalles housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 69.4%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 1%.

Housing Supply in The Dalles, OR

How many homes are available in The Dalles, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9284-8.7%

Summary: The The Dalles real estate market had 84 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1414
0.0%
3 5249
-5.8%
4 1915
-21.1%
5+ 65
-16.7%

Summary: The The Dalles housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in The Dalles, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in The Dalles in October 2024, up by 36.4% month-over-month. Of the 15 sold homes, 53% were sold under asking, 33% were sold at asking, and 13% were sold over asking.

Days on Market for The Dalles, OR

How long does it take to sell a home in The Dalles, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days66 Days+44.4%

Summary: Homes in The Dalles had an average of 66 days on market in Oct 2024, up by 44.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in The Dalles are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in The Dalles; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in The Dalles, OR

Nearby Markets to The Dalles, OR