Falls City, OR—97344
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Falls City, OR
As of Oct '25, the median home price in Falls City, OR is $355,000, with a year-over-year change of 1.3%. This indicates that home prices in Falls City, OR are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $355,000 | 1.3% |
| Single Family | $355,000 | 1.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $311,000 | 2.3% |
3 Bed | $371,000 | 2.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Falls City, OR
Falls City, OR lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Falls City, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Falls City, OR is 113. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | 1.0% |
Listing Count | 4 | 44.0% |
| Listings as % of Homes | 0.6% | 44.0% |
Days on Market | 113 | 27.0% |
Demographics — Falls City, OR
As of the latest ACS Survey released in 2023, Falls City, OR has a population of 1,460, which has increased by 8.5% over the past 5 years. Falls City, OR is a moderately popular place for families, as children make up 18.6% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,460 | 8.5% |
% Under 18 | 18.6% | -8.8% |
% Seniors | 16.1% | -13.9% |
% WFH | 8.0% | 21.2% |
% w/ College Degree | 17.9% | 2.9% |
As of the latest ACS Survey released in 2023, Falls City, OR is a predominantly white area, with 84.8% of the population identifying as white. The white population has grown by 10.3% in the last 5 years. The second most common race or ethnicity in Falls City, OR is hispanic, making up 8.7% of the population. Foreign-born residents account for 1.5% of the population in Falls City, OR, and this percentage has decreased by 37.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.8% | 10.3% |
% Black | 0.0% | -100.0% |
% Hispanic | 8.7% | 10.1% |
% Asian | 0.5% | -91.2% |
% Foreign Born | 1.5% | -37.5% |
Mortgage and Risk — Falls City, OR
Falls City, OR lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Falls City, OR
Falls City, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 4.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,130 |
| 2 Bedroom | N/A | N/A | $1,450 |
| 3 Bedroom | N/A | N/A | $2,020 |
| 4 Bedroom | N/A | N/A | $2,190 |
Affordability — Falls City, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $355,000 |
| Median Household Income | $54,000 |