Depoe Bay, OR Foreclosures
How much do homes sell for in Depoe Bay, OR?
The average home price is currently $566,852.
In Depoe Bay, OR, how many homes are available?
There are currently 1 active home listings available in Depoe Bay.
What’s the average rental cost in Depoe Bay, OR?
The average rental price in Depoe Bay is $1,284.
What is the most expensive home in Depoe Bay?
The most expensive home sold in Depoe Bay had a price of $7,227,230.
What is currently the cheapest priced home in Depoe Bay, OR?
The cheapest home for sale in Depoe Bay is priced at $54,860.
Living in Depoe Bay, OR
Depoe Bay, Oregon, is a quaint coastal town famous for its breathtaking harbor views and vibrant local culture. With a variety of outdoor activities including whale watching and hiking, it offers a serene escape along the Pacific coast. Residents enjoy a close-knit community with local shops and restaurants that make this town a unique place to live and visit.
Current Market Conditions in Depoe Bay, OR
The real estate market in Depoe Bay has shown signs of steady growth over the past year, fueled by the area's popularity as a vacation destination and retirement locale. There is a mix of single-family homes, townhouses, and condos, appealing to a variety of buyers looking for coastal living.
Currently, the demand for homes in Depoe Bay is strong, with many listings receiving multiple offers. The market has a healthy turnover, making it ideal for both sellers and buyers. As the community develops, investments in infrastructure and amenities are creating opportunities for new residents.
Home Value Estimator For Depoe Bay, OR
There are currently 2,479 real estate properties
in Depoe Bay, OR,
with a median automated valuation model (AVM) price
of $548,133.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Depoe Bay, 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 Depoe Bay, OR,
is $566,852.00, with the most expensive house
in Depoe Bay, OR, topping out
at $7,227,230.00 and the cheapest home
in Depoe Bay, OR,
clocking in at $54,860.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Depoe Bay, OR!
Rent Prices
In Depoe Bay, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Depoe Bay, OR, is on
a rollercoaster ride. The
average rent price in Depoe Bay, OR,
is $1,284.00. Indeed, when looking to rent in
Depoe Bay, OR, you can expect to pay as little
as $530.00 or as much
as $2,400.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Depoe Bay, 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.
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