97344
Falls City, Oregon.
Falls City, Polk County, OR · Salem, OR metro · population 1,534
to buy the typical home at today's mortgage rate — +$1,029 (+123%) since Jan 2020.
- 1 year
- Up $317 +0%
- $355,382$355,699 since Sep 2025
- 5 years
- Up $60,853 +21%
- $294,845$355,699 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 97344$1,867
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 18 years.
Typical home values in zip 97344 rose 0.1% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Falls City, OR — measured over the city limits, which is a different area from this zip.
Typical home value — 97344
Mid-tier homes, smoothed and seasonally adjusted.
- 97344$355,699
- Salem$447,087
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 7.8 | 97338 | Dallas | 23,419 | $1,498 | $472,671 |
| 9.4 | 97361 | Monmouth | 14,488 | $1,578 | $470,854 |
| 14.4 | 97351 | Independence | 11,454 | $1,929 | $423,907 |
| 14.7 | 97378 | Sheridan | 9,178 | — | $395,655 |
| 15.5 | 97371 | Rickreall | 694 | — | $752,870 |
| 17.3 | 97396 | Willamina | 3,446 | — | $357,173 |
| 17.3 | 97347 | Grand Ronde | 1,577 | — | $446,710 |
| 18.2 | 97326 | Blodgett | 759 | — | $545,156 |
| 18.4 | 97330 | Corvallis | 43,878 | $1,727 | $567,798 |
| 19.0 | 97306 | Salem | 34,383 | $1,871 | $489,921 |
| 19.4 | 97357 | Logsden | 154 | — | $497,457 |
| 19.7 | 97302 | Salem | 40,799 | $1,520 | $456,438 |
| 19.7 | 97101 | Amity | 3,914 | — | $571,333 |
| 20.0 | 97304 | Salem | 34,879 | $1,884 | $494,378 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.