Florence, OR Foreclosures
How much do homes sell for in Florence, OR?
The average home price is currently $434,095.
In Florence, OR, how many homes are available?
There are currently 5 active home listings available in Florence.
What’s the average rental cost in Florence, OR?
The average rental price in Florence is $1,212.
What is the most expensive home in Florence?
The most expensive home sold in Florence had a price of $6,697,310.
What is currently the cheapest priced home in Florence, OR?
The cheapest home for sale in Florence is priced at $15,521.
Living in Florence, OR
Florence, Oregon, is a charming coastal town known for its stunning scenery, vibrant community, and plethora of outdoor activities. Residents enjoy picturesque beaches, beautiful dunes, and a closely-knit atmosphere. With a variety of local amenities and festivals, Florence offers a unique blend of relaxation and recreation for all ages.
Current Market Conditions in Florence, OR
Currently, Florence has seen a steady increase in home prices, influenced by the demand from retirees and those seeking vacation homes. The real estate market is competitive, with homes often receiving multiple offers. Additionally, new developments and renovations of older properties have contributed to a rise in property values, indicating a healthy market. Buyers are keen on coastal properties, driving up interest and prices.
The rental market is also thriving, with vacation rentals in high demand due to Florence's appeal as a tourist destination. This has created opportunities for investors to enter the market, further stimulating economic activity in the area.
Home Value Estimator For Florence, OR
There are currently 10,973 real estate properties
in Florence, OR,
with a median automated valuation model (AVM) price
of $386,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Florence, 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 Florence, OR,
is $434,095.00, with the most expensive house
in Florence, OR, topping out
at $6,697,310.00 and the cheapest home
in Florence, OR,
clocking in at $15,521.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Florence, OR!
Rent Prices
In Florence, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Florence, OR, is on
a rollercoaster ride. The
average rent price in Florence, OR,
is $1,212.00. Indeed, when looking to rent in
Florence, OR, you can expect to pay as little
as $520.00 or as much
as $2,690.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Florence, 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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