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Foreclosure Homes in Bonanza, OR 97623

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Bonanza, OR Foreclosures

How much do homes sell for in Bonanza, OR?
The average home price is currently $343,232.
In Bonanza, OR, how many homes are available?
There are currently 4 active home listings available in Bonanza.
What’s the average rental cost in Bonanza, OR?
The average rental price in Bonanza is $1,029.
What is the most expensive home in Bonanza?
The most expensive home sold in Bonanza had a price of $10,569,575.
What is currently the cheapest priced home in Bonanza, OR?
The cheapest home for sale in Bonanza is priced at $14,833.

Living in Bonanza, OR

Bonanza, Oregon, is a quaint rural community characterized by its stunning landscapes and peaceful setting. Residents enjoy a close-knit environment, making it an appealing option for those seeking tranquility. The area also offers a variety of outdoor activities, schools, and essential local services.

Current Market Conditions in Bonanza, OR

The real estate market in Bonanza is currently experiencing a steady demand, characterized by affordable housing options and a variety of available listings. The area's picturesque setting and community vibe attract buyers looking for second homes or investment properties, leading to a gradual increase in property values over recent months.

There has been a noticeable interest from families relocating to rural areas, contributing to the upward trend of housing demand in Bonanza. As more people seek a peaceful lifestyle away from urban centers, the market is likely to continue evolving.

Home Value Estimator For Bonanza, OR

There are currently 1,021 real estate properties in Bonanza, OR, with a median automated valuation model (AVM) price of $232,040.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bonanza, 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 Bonanza, OR, is $343,232.00, with the most expensive house in Bonanza, OR, topping out at $10,569,575.00 and the cheapest home in Bonanza, OR, clocking in at $14,833.00. In other words, there’s something for every potential homebuyer or savvy investor in Bonanza, OR!

Rent Prices In Bonanza, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bonanza, OR, is on a rollercoaster ride. The average rent price in Bonanza, OR, is $1,029.00. Indeed, when looking to rent in Bonanza, OR, you can expect to pay as little as $500.00 or as much as $2,620.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Bonanza, 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.

Bonanza, OR 97623 Foreclosures


Market Trend for Bonanza, OR

Total Listings Available: 4

Market Values:

Home Prices from $14,833 to $10,569,575

Average Sales Price: $343,232

Rental Values:

Rental from $500 to $2,620

Average Rent Value: $1,029 / month

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