Average Sold Price by Number of Acres in Polk County Oregon
Go West! At least West of the Willamette River. Year to date, homes with between 1 and 3 acres in Polk County Oregon have sold for an average of $266,666, which is 89% of the asking price. It takes almost 7 months on average to get these properties sold.a
For homes situated on 3-6 acres, sellers saw better results, receiving 97% of their asking price, or $339,217. It also took less time than the smaller parcels, just 143 days. The most expensive properties sold in West Salem, followed by Dallas.
Property of 6-10 acres took a little over 7 months to sell, at 226 days with an average price of $260,785. Several of these were in Sheridan and Willamina, further out from major metropolitan areas. There are little jobs in these areas, which keeps the prices down. But makes for a great place to live if you work from home or don’t have to work at all.
Polk County Oregon homes with 10-20 acres sold quite quickly this year, just 73 days on average. Property averaged $294,210 at the escrow table.
Acreage homes with 20 acres or more averaged a sales price of $669,816 but took a little over a year to sell at 382 days. These properties included locations such as Sheridan, Dallas, Monmouth, and Independence. There was one sale at over $2 Million however that has skewed this number, without this sale, the average was just $353, 780.
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