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Foreclosures in Cottage Grove, OR

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Living in Cottage Grove, OR

Cottage Grove, OR, is a charming small town in the scenic Willamette Valley known for its community spirit and outdoor lifestyle. With quaint shops, local dining, and historic landmarks, it's an attractive location for families and retirees. The area's schools and recreational activities enhance its appeal, making it a desirable destination for real estate investment.

Current Market Conditions in Cottage Grove, OR

Cottage Grove's real estate market is currently experiencing a steady demand due to its appealing lifestyle, leading to moderate price appreciation. Investors are taking notice of the influx of new residents seeking affordable housing options in charming neighborhoods, creating opportunities for rental properties.

The trend toward remote work is attracting buyers from larger cities looking for smaller-town living with access to nature. As a result, home values have shown resilience, with an increase in interest for both single-family homes and multi-family units, making it a promising market for investors.

Home Value Estimator For Cottage Grove, OR

There are currently 7,594 real estate properties in Cottage Grove, OR, with a median automated valuation model (AVM) price of $376,782.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cottage Grove, 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 Cottage Grove, OR, is $424,789.00, with the most expensive house in Cottage Grove, OR, topping out at $11,468,246.00 and the cheapest home in Cottage Grove, OR, clocking in at $14,098.00. In other words, there’s something for every potential homebuyer or savvy investor in Cottage Grove, OR!

Rent Prices In Cottage Grove, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cottage Grove, OR, is on a rollercoaster ride. The average rent price in Cottage Grove, OR, is $1,271.00. Indeed, when looking to rent in Cottage Grove, OR, you can expect to pay as little as $640.00 or as much as $2,720.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Cottage Grove, 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.

Cottage Grove, OR Foreclosures


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