Living in Bandon, OR
Bandon, Oregon is a picturesque coastal town that offers a unique blend of natural beauty and vibrant community life. Known for its stunning beaches and outdoor activities, Bandon attracts both residents seeking tranquility and tourists looking for adventure. With a rich arts scene and numerous recreational opportunities, it's a perfect location for those who appreciate nature and community.
Current Market Conditions in Bandon, OR
The real estate market in Bandon, OR has been experiencing steady growth, largely driven by its appeal as a vacation destination and retirement locale. Homes in the area have seen a moderate increase in value over the past year, and demand continues to outstrip supply, particularly for waterfront properties.
Many buyers are drawn to Bandon for its attractive climate, stunning landscapes, and rich local culture. As more people seek out quieter, natural settings post-pandemic, Bandon remains a top choice for those looking to invest in coastal real estate.
Home Value Estimator For Bandon, OR
There are currently 3,550 real estate properties
in Bandon, OR,
with a median automated valuation model (AVM) price
of $462,168.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bandon, 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 Bandon, OR,
is $534,260.00, with the most expensive house
in Bandon, OR, topping out
at $5,755,221.00 and the cheapest home
in Bandon, OR,
clocking in at $16,671.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bandon, OR!
Rent Prices
In Bandon, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bandon, OR, is on
a rollercoaster ride. The
average rent price in Bandon, OR,
is $1,259.00. Indeed, when looking to rent in
Bandon, OR, you can expect to pay as little
as $580.00 or as much
as $2,620.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Bandon, 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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