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Foreclosure Homes in Drain, OR 97435

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Drain, OR Foreclosures

Current Market Conditions in in Drain, OR As of March 2026?
In the last month, Drain has seen a modest uptick in home sales as buyers continue to flock to the area for its affordability and lifestyle offerings. Listings are moving quickly, and homes in good condition are often receiving multiple offers. This trend indicates a growing interest in rural living, contributing to competitive market conditions.
How much do homes sell for in Drain, OR?
The average home price is currently $316,729.
In Drain, OR, how many homes are available?
There are currently 2 active home listings available in Drain.
What’s the average rental cost in Drain, OR?
The average rental price in Drain is $1,024.
What is the most expensive home in Drain?
The most expensive home sold in Drain had a price of $3,327,721.
What is currently the cheapest priced home in Drain, OR?
The cheapest home for sale in Drain is priced at $10,765.

Living in Drain, OR

Drain, Oregon is a charming small town known for its beautiful landscapes and friendly community vibe. It offers a variety of outdoor activities and local amenities that cater to families and individuals alike.

Buyer vs Seller Market in Drain, OR

Currently, the real estate market in Drain is stable with steady demand for properties. The town's serene environment and affordable housing options attract both first-time homebuyers and retirees.

Over the past few months, there has been a slight increase in home values, reflective of a trend where buyers are seeking more space and tranquility, especially post-pandemic.

Home Value Estimator For Drain, OR

There are currently 1,168 real estate properties in Drain, OR, with a median automated valuation model (AVM) price of $293,681.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Drain, 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 Drain, OR, is $316,729.00, with the most expensive house in Drain, OR, topping out at $3,327,721.00 and the cheapest home in Drain, OR, clocking in at $10,765.00. In other words, there’s something for every potential homebuyer or savvy investor in Drain, OR!

Rent Prices In Drain, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Drain, OR, is on a rollercoaster ride. The average rent price in Drain, OR, is $1,024.00. Indeed, when looking to rent in Drain, OR, you can expect to pay as little as $520.00 or as much as $1,680.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Drain, 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.

Drain, OR 97435 Foreclosures


Market Trend for Drain, OR

Total Listings Available: 2

Market Values:

Home Prices from $10,765 to $3,327,721

Average Sales Price: $316,729

Rental Values:

Rental from $520 to $1,680

Average Rent Value: $1,024 / month

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