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Foreclosures in Drain, OR

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Drain, OR Foreclosures

How much do homes sell for in Drain, OR?
The average home price is currently $283,624.
In Drain, OR, how many homes are available?
There are currently 1 active home listings available in Drain.
What’s the average rental cost in Drain, OR?
The average rental price in Drain is $1,026.
What is the most expensive home in Drain?
The most expensive home sold in Drain had a price of $1,138,243.
What is currently the cheapest priced home in Drain, OR?
The cheapest home for sale in Drain is priced at $10,960.

Living in Drain, OR

Drain, Oregon is a picturesque small town that combines tranquility with outdoor adventure. Nestled in Douglas County, it features a captivating landscape with easy access to nature. With a friendly community atmosphere and local amenities, Drain is a perfect choice for families and individuals seeking a rustic lifestyle.

Current Market Conditions in Drain, OR

The real estate market in Drain, OR is currently experiencing moderate activity, with a slight increase in home prices attributed to a surge in interest from buyers looking for affordable properties in scenic areas. The blend of affordability and natural beauty makes it a desirable location for first-time homebuyers and retirees alike.

Homes are generally selling within a reasonable timeframe, and there is a balanced level of buyer and seller activity. Properties that are well-maintained and appropriately priced are receiving considerable attention.

Home Value Estimator For Drain, OR

There are currently 907 real estate properties in Drain, OR, with a median automated valuation model (AVM) price of $274,492.00. 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 $283,624.00, with the most expensive house in Drain, OR, topping out at $1,138,243.00 and the cheapest home in Drain, OR, clocking in at $10,960.00. 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 $1,026.00. Indeed, when looking to rent in Drain, OR, you can expect to pay as little as $520.00 or as much as $1,670.00, 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 Foreclosures


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