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Foreclosures in Boring, OR 97009

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Living in Boring, OR

Boring, Oregon is a quaint community that offers a peaceful, rural lifestyle just a short drive from the bustle of Portland. It's perfect for families who appreciate nature and community. The area has a variety of local farms, parks, and excellent schools, making it an ideal choice for those looking to settle in a serene environment.

Current Market Conditions in Boring, OR

The real estate market in Boring, OR, has been witnessing steady growth, with an increase in home values over the past year. The demand is driven by buyers seeking a more affordable living option just outside of Portland, combined with the allure of spacious lots and access to outdoor activities.

As of now, homes in Boring tend to sell quickly, often receiving multiple offers due to the limited inventory. The low interest rates have encouraged many buyers to enter the market, further increasing competition for available listings.

Home Value Estimator For Boring, OR

There are currently 3,063 real estate properties in Boring, OR, with a median automated valuation model (AVM) price of $669,788.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Boring, 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 Boring, OR, is $742,391.00, with the most expensive house in Boring, OR, topping out at $9,100,404.00 and the cheapest home in Boring, OR, clocking in at $25,977.00. In other words, there’s something for every potential homebuyer or savvy investor in Boring, OR!

Rent Prices In Boring, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Boring, OR, is on a rollercoaster ride. The average rent price in Boring, OR, is $1,490.00. Indeed, when looking to rent in Boring, OR, you can expect to pay as little as $790.00 or as much as $2,940.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Boring, 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.

Boring, OR 97009 Foreclosures


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