Dallas, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dallas Neighborhoods Since 2000




Dallas, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Dallas Housing Market Information

With 15,277 people, 5,667 houses or apartments, and a median cost of homes of $251,404, Dallas real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dallas, accounting for 63.42% of the city's housing units. Other types of housing that are prevalent in Dallas include duplexes, homes converted to apartments or other small apartment buildings ( 14.25%), large apartment complexes or high rise apartments ( 11.61%), and a few mobile homes or trailers ( 6.18%).

The most prevalent building size and type in Dallas are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.72% owning and 38.28% renting.

There is a lot of housing in Dallas built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dallas built between 1940-1969 ( 20.99%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.37%). There's also some housing in Dallas built before 1939 ( 10.77%).

Dallas Home Appreciation Rates

Appreciation rates for homes in Dallas have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.56%, which ranks in the top 50% nationwide. This equates to an annual average Dallas house appreciation rate of 0.06%.

Appreciation rates are so strong in Dallas that despite a nationwide downturn in the housing market, Dallas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dallas appreciation rates continue to be some of the highest in America, at 10.00%, which is higher than appreciation rates in 93.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dallas. Dallas appreciation rates in the latest quarter were at 2.28%, which equates to an annual appreciation rate of 9.45%.

Importantly, this makes Dallas one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oregon, our data show that Dallas's latest annual appreciation rate is higher than 60% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$251,404

Dallas, OR HOME PRICES

Value Range
> $1,237,000 0.6
$927,001 - $1,237,000 0.7
$619,001 - $927,000 2.7
$495,001 - $619,000 2.3
$371,001 - $495,000 14.6
$247,001 - $371,000 26.8
$124,001 - $247,000 40.3
$62,001 - $124,000 3.8
$0 - $62,000 8.2

Average for OR
High for Nation

Value Relative to Nation Value Relative to State
22.3192312199695 57.487922705314

Number Of Homes And Apartments:
5,667

Dallas Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
50.51% 2.40% 1 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$923 / per month

Homeownership Rate

Homeownership
Owners 61.72
Renters 38.28
Vacant 4.06

Housing Market Details

 

Age of Homes

AGE OF Dallas HOMES
2000 or Newer 20.4
1970 - 1999 47.9
1940 - 1969 21.0
1939 or Older 10.8

Types of Homes

TYPE OF Dallas HOMES
Single-Family 63.4
Townhomes 4.5
Small Apt. Buildings 14.3
Apt. Complexes 11.6
Mobile Homes 6.2
Other 0.0

Home Size

SIZE OF Dallas HOMES
No Bedroom 1.15
1 Bedroom 6.09
2 Bedrooms 27.05
3 Bedrooms 54.39
4 Bedrooms 9.77
5 or more bedrooms 1.54