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Foreclosure Homes in Prospect, OR

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Prospect, OR Foreclosures

How much do homes sell for in Prospect, OR?
The average home price is currently $304,074.
In Prospect, OR, how many homes are available?
There are currently 1 active home listings available in Prospect.
What’s the average rental cost in Prospect, OR?
The average rental price in Prospect is $1,107.
What is the most expensive home in Prospect?
The most expensive home sold in Prospect had a price of $2,433,464.
What is currently the cheapest priced home in Prospect, OR?
The cheapest home for sale in Prospect is priced at $30,650.

Living in Prospect, OR

Prospect, Oregon, is a hidden gem surrounded by nature and outdoor activities, perfect for those seeking a tranquil lifestyle. The town is known for its stunning landscapes, local charm, and proximity to Crater Lake National Park, offering plenty of opportunities for adventure. With a strong community vibe, residents enjoy local amenities while being immersed in the great outdoors.

Current Market Conditions in Prospect, OR

The real estate market in Prospect remains relatively stable, with a modest increase in home values over the past year. The demand for homes in areas close to outdoor recreation has seen a slight uptick, attracting buyers looking for vacation homes or retreats.

Prospect's market is characterized by a shortage of inventory, particularly for single-family homes. As more people look to escape urban settings, the area has gained attention for its quiet lifestyle and natural beauty.

Recent trends indicate a growing interest among retirees and second-home buyers, which may continue to push prices up in the coming months.

Home Value Estimator For Prospect, OR

There are currently 615 real estate properties in Prospect, OR, with a median automated valuation model (AVM) price of $256,285.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prospect, 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 Prospect, OR, is $304,074.00, with the most expensive house in Prospect, OR, topping out at $2,433,464.00 and the cheapest home in Prospect, OR, clocking in at $30,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Prospect, OR!

Rent Prices In Prospect, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prospect, OR, is on a rollercoaster ride. The average rent price in Prospect, OR, is $1,107.00. Indeed, when looking to rent in Prospect, OR, you can expect to pay as little as $600.00 or as much as $2,600.00, 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 Prospect, 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.

Prospect, OR Foreclosures


Market Trend for Prospect, OR

Total Listings Available: 1

Market Values:

Home Prices from $30,650 to $2,433,464

Average Sales Price: $304,074

Rental Values:

Rental from $600 to $2,600

Average Rent Value: $1,107 / month

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