Detroit, OR Foreclosures
How much do homes sell for in Detroit, OR?
The average home price is currently $388,875.
In Detroit, OR, how many homes are available?
There are currently 549 active home listings available in Detroit.
What’s the average rental cost in Detroit, OR?
The average rental price in Detroit is $1,006.
What is the most expensive home in Detroit?
The most expensive home sold in Detroit had a price of $1,902,800.
What is currently the cheapest priced home in Detroit, OR?
The cheapest home for sale in Detroit is priced at $33,413.
Living in Detroit, OR
Detroit, Oregon, is a small, picturesque town located in the Cascade Mountains. Known for its beautiful natural surroundings, it offers numerous outdoor activities, including hiking, fishing, and water sports. A tight-knit community thrives here, making it an ideal place for those looking to live in a peaceful and scenic environment.
Current Market Conditions in Detroit, OR
The real estate market in Detroit, OR, is relatively stable, with a mix of vacation homes and permanent residences due to its scenic location. The area has seen a steady interest from buyers looking for properties near outdoor recreational activities, leading to a gradual increase in property values over recent years.
With the ongoing interest in rural living and nature-centric homes, the demand for residential properties has been consistent, with many homes being purchased for weekend getaways as well as primary residences.
Home Value Estimator For Detroit, OR
There are currently 543 real estate properties
in Detroit, OR,
with a median automated valuation model (AVM) price
of $281,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Detroit, 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 Detroit, OR,
is $388,875.00, with the most expensive house
in Detroit, OR, topping out
at $1,902,800.00 and the cheapest home
in Detroit, OR,
clocking in at $33,413.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Detroit, OR!
Rent Prices
In Detroit, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Detroit, OR, is on
a rollercoaster ride. The
average rent price in Detroit, OR,
is $1,006.00. Indeed, when looking to rent in
Detroit, OR, you can expect to pay as little
as $520.00 or as much
as $2,120.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Detroit, 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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