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Foreclosures in Cannon Beach, OR 97110

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Living in Cannon Beach, OR

Cannon Beach, Oregon, is a picturesque coastal town known for its breathtaking natural beauty, charming boutiques, and a vibrant food scene. With numerous outdoor activities and festivals, it offers an active and engaging lifestyle for visitors and residents alike. The town is family-friendly, featuring quality education and essential services that cater well to its community.

Current Market Conditions in Cannon Beach, OR

The real estate market in Cannon Beach is currently experiencing increased demand due to its desirable coastal location. Properties are highly sought after, leading to competitive prices, especially for oceanfront homes and unique architectural designs.

While the prices have risen significantly, the market also offers opportunities for investments, particularly in vacation rentals as tourism continues to thrive. Investment in properties here can yield substantial returns, capitalizing on seasonal tourist influx and the area's growing popularity.

Home Value Estimator For Cannon Beach, OR

There are currently 1,721 real estate properties in Cannon Beach, OR, with a median automated valuation model (AVM) price of $1,024,209.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cannon Beach, 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 Cannon Beach, OR, is $1,226,153.00, with the most expensive house in Cannon Beach, OR, topping out at $6,364,300.00 and the cheapest home in Cannon Beach, OR, clocking in at $84,317.00. In other words, there’s something for every potential homebuyer or savvy investor in Cannon Beach, OR!

Rent Prices In Cannon Beach, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cannon Beach, OR, is on a rollercoaster ride. The average rent price in Cannon Beach, OR, is $1,620.00. Indeed, when looking to rent in Cannon Beach, OR, you can expect to pay as little as $720.00 or as much as $3,820.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Cannon Beach, 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.

Cannon Beach, OR 97110 Foreclosures

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