Market Overview
Home Prices in Dallas, OR
The median home value in Dallas, OR is $481,153 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Dallas are priced17% above average. Dallas is part of the Salem, OR metro area.
Over the past five years, Dallas home values have risen by approximately18.1%, reflecting steady appreciation in this market.
Price History
Dallas Home Price Trend
2020
$338,861
$339K
—
2021
$407,566
$408K
+20.3%
2022
$466,763
$467K
+14.5%
2023
$460,186
$460K
-1.4%
2024
$469,767
$470K
+2.1%
2025
$474,656
$475K
+1.0%
2026
$481,153
$481K
+1.4%
City Comparison
Dallas vs. National Median
🏠 Dallas
$481,153
National Median
$410,000
At $481,153, homes in Dallas cost 17% above the national median of $410,000. Buyers in Dallas should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Dallas?
20% Down Payment
$96,231
on $481,153
Monthly P&I
$2,509/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,186/mo
incl. taxes & insurance
Income Needed
$127,440
gross annual (30% rule)
10% Down Option
$48,115
+ PMI applies
Loan Amount (20% dn)
$384,922
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Dallas, OR?
The median home value in Dallas is $481,153 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in Dallas?
Over the past year, home values in Dallas have increased by 1.4%. Over five years, prices have risen approximately 18.1%.
How much do I need to earn to buy a home in Dallas?
To comfortably afford the median home price of $481,153 with a 20% down payment ($96,231) at today's rates (6.8%), you'd need a gross annual income of approximately $127,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Dallas compare to the national average home price?
The national median home value is approximately $410,000. At $481,153, homes in Dallas are 17% above the national average.
What metro area is Dallas part of?
Dallas is part of the Salem, OR metropolitan area. Home prices and market conditions can vary across the broader metro region.