Living in Dundee, OR
Dundee, OR is a quaint town nestled among rolling hills and expansive vineyards, perfect for those looking for a peaceful community. Known for its rich wine culture and scenic parks, it offers a relaxed lifestyle while maintaining easy access to larger urban centers. The town is ideal for families, retirees, and investors alike, as it continues to grow in popularity and amenities.
Current Market Conditions in Dundee, OR
Dundee's real estate market is currently experiencing steady growth, driven primarily by its desirable location near Portland and robust local amenities. The demand for homes has increased as more people seek a balance between rural living and proximity to urban conveniences. Investors can expect a range of property options, including single-family homes, new developments, and luxury estates.
The market is characterized by a competitive environment with varying price ranges, attracting different types of buyers. Given the ongoing interest in the area, particularly in the wine and hospitality sectors, real estate investment in Dundee can yield significant returns, making it a prime location for potential growth.
Home Value Estimator For Dundee, OR
There are currently 1,676 real estate properties
in Dundee, OR,
with a median automated valuation model (AVM) price
of $548,354.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dundee, 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 Dundee, OR,
is $674,072.00, with the most expensive house
in Dundee, OR, topping out
at $4,441,574.00 and the cheapest home
in Dundee, OR,
clocking in at $33,715.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dundee, OR!
Rent Prices
In Dundee, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dundee, OR, is on
a rollercoaster ride. The
average rent price in Dundee, OR,
is $1,451.00. Indeed, when looking to rent in
Dundee, OR, you can expect to pay as little
as $820.00 or as much
as $3,820.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Dundee, 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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