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 buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, The Dalles was a Seller's Market.

Key Takeaway

The Dalles is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in The Dalles, OR

How much do homes in The Dalles, OR cost?

Median Sold Price

$395,625

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$125(0.0%)

Key Takeaway

The sold price of homes in The Dalles has remained the same since last year.

Summary: The median home sold price in The Dalles was $395,625 in February 2024, the same as last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $235K$160K
-31.9%
2 $319K$305K
-4.4%
3 $402K$403.5K
0.4%
4 $442.5K$425K
-4.0%
5+ $485K$490K
+1.0%

Summary: The Dalles housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 4%, 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

Jan 2024Feb 2024CHANGE
7685+11.8%

Summary: The The Dalles real estate market had 85 homes for sale in February 2024, a 11.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 1513
-13.3%
3 3637
+2.8%
4 1827
+50.0%
5+ 55
0.0%

Summary: The The Dalles housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
880.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 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. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in The Dalles in February 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% 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

Feb 2023Feb 2024CHANGE
75 Days79 Days+5.0%

Summary: Homes in The Dalles had an average of 79 days on market in Feb 2024, up by 5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in The Dalles are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 8 homes were sold in The Dalles; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

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