Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 19,689 ↑ 1.9% since 2020 |
| Median Household Income | $61,005 18% below national median |
| Median Home Value | $281,100 |
| Unemployment Rate | 4.3% |
| Median Age | 54.4 years |
| Housing Vacancy Rate | 20.3% |
| Total Land Sales (Past 12 Months) | 31 transactions |
| Active Listings | 70 properties |
| Avg Days on Market | 581 days |
Rural Land Sales (1+ Acres) (Mar 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $16,627 |
| Recent Sales | 27 transactions |
| Avg Days on Market | 153 days |
| Avg Parcel Size | 56.35 acres |
| Active Listings | 48 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Mar 2026New | 7.57 | $159,000 | $21,004 | 0 Independence Hwy | Independence |
| Feb 2026 | 1.86 | $115,000 | $61,828 | 470 N Gun Club Rd | Independence |
| Jan 2026 | 47.90 | $290,000 | $6,054 | 0 Mill Creek Rd | Sheridan |
| Jan 2026 | 47.90 | $290,000 | $6,054 | 0 SW Mill Creek Rd | Sheridan |
| Jan 2026 | 2.65 | $175,900 | $66,377 | 1139 SE Monmouth Cut Off Rd | Dallas |
| Jan 2026 | 2.00 | $290,000 | $145,000 | 2515 E Ellendale Ave | Dallas |
| Dec 2025 | 113.44 | $619,500 | $5,461 | 8700 Steel Bridge Rd | Sheridan |
| Dec 2025 | 69.42 | $380,000 | $5,474 | E Ellendale Ave #1402 | Dallas |
| Dec 2025 | 69.42 | $380,000 | $5,474 | 0 E Ellendale Ave | Dallas |
| Nov 2025 | 1.18 | $175,000 | $148,305 | 2396 Morrow Ct NW | Salem |
| Date | Acres | Price | $/Acre | Address | City |
|---|---|---|---|---|---|
| Nov 2025 | 6.06 | $400,000 | $66,007 | 4995 Zena Rd NW | Salem |
| Oct 2025 | 298.96 | $874,000 | $2,923 | 14060 Simpson Rd | Monmouth |
| Oct 2025 | 9.62 | $159,950 | $16,627 | 0 Finn Rd | Sheridan |
| Oct 2025 | 32.00 | $515,000 | $16,094 | 0 Cooper Hollow Rd | Dallas |
| Oct 2025 | 32.00 | $515,000 | $16,094 | Cooper Hollow Rd | Dallas |
| Sep 2025 | 37.19 | $245,000 | $6,588 | 0 McTimmonds Rd | Dallas |
| Sep 2025 | 37.19 | $245,000 | $6,588 | McTimmonds Rd | Dallas |
| Sep 2025 | 466.00 | $3,495,000 | $7,500 | 11435 Elkins Rd | Monmouth |
| Aug 2025 | 2.00 | $440,000 | $220,000 | Eagle Crest Rd NW | Salem |
| Aug 2025 | 32.21 | $205,000 | $6,364 | Gooseneck Rd #210 | Sheridan |
| Aug 2025 | 2.00 | $440,000 | $220,000 | PARCEL 1 Eagle Crest Rd NW | Salem |
| Aug 2025 | 174.56 | $3,850,000 | $22,055 | 15375 Highway 22 | Dallas |
| Aug 2025 | 3.57 | $240,000 | $67,227 | Wells Landing Rd #1 | Independence |
| May 2025 | 4.81 | $182,000 | $37,838 | 5598 Violet Dr | Sheridan |
| May 2025 | 1.66 | $175,000 | $105,422 | 0 Brush College Rd NW | Salem |
| Apr 2025 | 9.79 | $330,000 | $33,708 | 7150/7160 Alvord Alley Rd | Grand Ronde |
| Mar 2025 | 8.39 | $125,000 | $14,899 | 19475 Frost Rd | Dallas |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Lot Price | $150,000 |
| Recent Sales | 4 transactions |
| Avg Days on Market | 84 days |
| Avg Parcel Size | 0.26 acres |
| Active Listings | 22 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Address | City |
|---|---|---|---|---|
| Mar 2026New | 0.44 | $85,000 | 2386 Morrow Ct NW | Salem |
| Jan 2026 | 0.20 | $150,000 | 1845 Turnage St NW | Salem |
| Nov 2025 | 0.20 | $275,000 | 1361 W Way NW | Salem |
| Oct 2025 | 0.20 | $115,000 | 2458 Morrow Ct NW | Salem |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 88,553 |
| Population (2020) | 87,433 |
| Population Growth | 1.28% |
| Median Household Income | $81,318 |
| Median Home Value | $419,500 |
| Total Housing Units | 34,446 |
| Vacant Housing Units | 1,872 |
| Housing Vacancy Rate | 5.4% |
| Median Age | 37.6 |
| Bachelor's Degree or Higher | 10,913 (12.3%) |
| Unemployment Rate | 4.3% |
Market Overview
Polk County, Oregon has a population of 88,553, which has grown 1.28% since 2020. The median household income is $81,318, above the national median of $74,580 by 9.0%. The housing vacancy rate of 5.4% suggests tight market conditions. The county's location in Oregon makes it accessible for investors and developers seeking rural land. Recent rural land sales show a median price of $33,708 per acre, with properties averaging 39.10 acres. There are currently 70 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Polk County, Oregon?
As of the 2023 American Community Survey, Polk County has a population of 88,553. The county has grown 1.28% since the 2020 Census, indicating a growing community.
What is the median household income in Polk County?
The median household income in Polk County is $81,318, which is 9.0% above the national median of $74,580.
Is Polk County growing or shrinking?
Polk County is growing. The population has increased 1.28% since 2020.
What is the housing market like in Polk County?
The median home value in Polk County is $419,500. The housing vacancy rate is 5.4%, which suggests tight market conditions. The unemployment rate is 4.3%, reflecting the local economic conditions. Recent rural land sales (1+ acres) show a median price of $33,708 per acre. Suburban/urban lots under 1 acre have a median lot price of $142,000.
Does Reelvest buy land in Polk County, Oregon?
Yes! Reelvest Properties buys vacant land throughout Oregon, including Polk County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.