Westlake, OR Foreclosures
How much do homes sell for in Westlake, OR?
The average home price is currently $434,929.
In Westlake, OR, how many homes are available?
There are currently 523 active home listings available in Westlake.
What’s the average rental cost in Westlake, OR?
The average rental price in Westlake is $1,195.
What is the most expensive home in Westlake?
The most expensive home sold in Westlake had a price of $1,552,800.
What is currently the cheapest priced home in Westlake, OR?
The cheapest home for sale in Westlake is priced at $28,887.
Living in Westlake, OR
Westlake, OR is a picturesque community nestled along the Oregon Coast that offers a perfect blend of outdoor activities and community spirit. With stunning natural landscapes, access to nearby parks, and a welcoming atmosphere, it’s an ideal place for families and individuals seeking tranquility. The town boasts local amenities alongside the charm of coastal living, making it a desirable destination for homebuyers.
Current Market Conditions in Westlake, OR
The real estate market in Westlake has been steadily gaining attention due to its picturesque backdrop and outdoor recreational opportunities. Over the past year, there has been an increase in interest from buyers looking for vacation homes and permanent residences, contributing to a rise in home prices. Nonetheless, the market remains competitive, with homes selling relatively quickly, particularly those that are move-in ready or renovated to meet modern standards.
Despite the rising prices, Westlake continues to attract diverse demographics, including families and retirees. The combination of beautiful scenery and a robust housing market has encouraged new developments while preserving the community's charm. Potential investors are exploring opportunities, particularly in vacation rentals, as tourism grows along the Oregon coast.
Home Value Estimator For Westlake, OR
There are currently 263 real estate properties
in Westlake, OR,
with a median automated valuation model (AVM) price
of $383,789.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Westlake, OR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Westlake, OR,
is $434,929.00, with the most expensive house
in Westlake, OR, topping out
at $1,552,800.00 and the cheapest home
in Westlake, OR,
clocking in at $28,887.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Westlake, OR!
Rent Prices
In Westlake, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Westlake, OR, is on
a rollercoaster ride. The
average rent price in Westlake, OR,
is $1,195.00. Indeed, when looking to rent in
Westlake, OR, you can expect to pay as little
as $700.00 or as much
as $2,460.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Westlake, OR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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