Monroe, OR Foreclosures
How much do homes sell for in Monroe, OR?
The average home price is currently $545,825.
In Monroe, OR, how many homes are available?
There are currently 2 active home listings available in Monroe.
What’s the average rental cost in Monroe, OR?
The average rental price in Monroe is $1,262.
What is the most expensive home in Monroe?
The most expensive home sold in Monroe had a price of $4,859,849.
What is currently the cheapest priced home in Monroe, OR?
The cheapest home for sale in Monroe is priced at $13,592.
Living in Monroe, OR
Monroe, OR, is a charming small town situated in the beautiful Willamette Valley. With its tranquil rural atmosphere, Monroe offers various outdoor activities, local events, and a strong sense of community. Families appreciate the excellent schools and tight-knit neighborhoods, providing a perfect balance of quiet living and access to urban amenities in nearby cities.
Current Market Conditions in Monroe, OR
The housing market in Monroe, OR, is currently experiencing steady growth, with a mix of affordable homes and more upscale properties. The popularity of rural living is drawing new buyers to the area, keeping demand high and inventory relatively low. As a result, homes in the area are holding their value well, making it an attractive option for both first-time buyers and investors.
With interest rates fluctuating, the market remains competitive, especially as more people seek the tranquility of small-town life while working remotely. The area is witnessing new construction projects, catering to growing family needs and attracting those looking to escape urban settings.
Home Value Estimator For Monroe, OR
There are currently 1,508 real estate properties
in Monroe, OR,
with a median automated valuation model (AVM) price
of $473,376.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Monroe, 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 Monroe, OR,
is $545,825.00, with the most expensive house
in Monroe, OR, topping out
at $4,859,849.00 and the cheapest home
in Monroe, OR,
clocking in at $13,592.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Monroe, OR!
Rent Prices
In Monroe, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Monroe, OR, is on
a rollercoaster ride. The
average rent price in Monroe, OR,
is $1,262.00. Indeed, when looking to rent in
Monroe, OR, you can expect to pay as little
as $700.00 or as much
as $2,730.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Monroe, 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.
Learn more on Foreclosure homes
