Living in Adrian, OR
Adrian, Oregon is a quaint town offering a relaxed rural lifestyle. Known for its agricultural roots and scenic landscapes, it provides residents with a strong sense of community and numerous outdoor activities. Proximity to larger urban centers makes it an ideal place for those seeking peace with access to city conveniences.
Current Market Conditions in Adrian, OR
The real estate market in Adrian, OR is currently stable, with a growing interest in rural properties among buyers seeking affordable housing options. Home prices have been consistent, and with low inventory, properties are selling relatively quickly. Investment opportunities in agricultural land are particularly appealing, making this area a potential hot spot for new buyers.
As more individuals and families look to leave metropolitan areas for quieter living and lower costs, Adrian is seeing a gradual increase in real estate demand. The community's charm combined with affordable housing prices is attracting new residents, which may positively influence home values and overall market conditions.
Home Value Estimator For Adrian, OR
There are currently 236 real estate properties
in Adrian, OR,
with a median automated valuation model (AVM) price
of $539,600.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Adrian, 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 Adrian, OR,
is $690,332.00, with the most expensive house
in Adrian, OR, topping out
at $4,331,957.00 and the cheapest home
in Adrian, OR,
clocking in at $73,733.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Adrian, OR!
Rent Prices
In Adrian, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Adrian, OR, is on
a rollercoaster ride. The
average rent price in Adrian, OR,
is $1,226.00. Indeed, when looking to rent in
Adrian, OR, you can expect to pay as little
as $520.00 or as much
as $2,130.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Adrian, 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.