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Short Sale Listings in Cornelius, OR 97123

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Living in Cornelius, OR

Cornelius, Oregon is a vibrant and growing community known for its friendly atmosphere and access to nature. Located just a short drive from Portland, it offers a blend of suburban comfort and rural charm. The area is rich in schools, parks, and recreational activities, making it an ideal place for families.

Current Market Conditions in Cornelius, OR

The real estate market in Cornelius has seen steady growth over the past year, with an increase in home values and a surge in demand for properties. The area is becoming increasingly attractive to homebuyers due to its affordability compared to neighboring cities and its proximity to Portland.

There is a notable trend of young families moving into the area, attracted by the quality of schools and spacious homes. This influx is contributing to a competitive market, resulting in homes selling faster and closer to asking price.

Home Value Estimator For Cornelius, OR

There are currently 5,354 real estate properties in Cornelius, OR, with a median automated valuation model (AVM) price of $473,779.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cornelius, 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 Cornelius, OR, is $527,973.00, with the most expensive house in Cornelius, OR, topping out at $13,255,213.00 and the cheapest home in Cornelius, OR, clocking in at $16,505.00. In other words, there’s something for every potential homebuyer or savvy investor in Cornelius, OR!

Rent Prices In Cornelius, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cornelius, OR, is on a rollercoaster ride. The average rent price in Cornelius, OR, is $1,470.00. Indeed, when looking to rent in Cornelius, OR, you can expect to pay as little as $820.00 or as much as $3,780.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Cornelius, 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.

Cornelius, OR 97123 Short Sale Listings


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