Foreclosure Homes in Myrtle Point, OR

Current Market Conditions in Myrtle Point, OR

The real estate market in Myrtle Point has been experiencing a steady increase in demand over the past year. Compared to other regions in Oregon, Myrtle Point remains relatively affordable, attracting first-time homebuyers and those seeking a peaceful retreat. The market conditions indicate a growing interest in rural properties, with many buyers drawn to its picturesque surroundings.

As of now, the market is leaning toward a seller's market due to a low inventory of homes and increasing prices. Homes are being sold quickly, and open house events often see multiple interested buyers. However, the area still shows potential for new developments, especially with its ample land availability.

Rent Prices In Myrtle Point, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Myrtle Point, OR, is on a rollercoaster ride. The average rent price in Myrtle Point, OR, is $1,080.00. Indeed, when looking to rent in Myrtle Point, OR, you can expect to pay as little as $520.00 or as much as $2,140.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Myrtle Point, 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.