Echo, OR Foreclosures
How much do homes sell for in Echo, OR?
The average home price is currently $461,553.
What’s the average rental cost in Echo, OR?
The average rental price in Echo is $1,113.
What is the most expensive home in Echo?
The most expensive home sold in Echo had a price of $8,071,800.
What is currently the cheapest priced home in Echo, OR?
The cheapest home for sale in Echo is priced at $19,361.
Living in Echo, OR
Nestled in the beautiful Umatilla County, Echo, OR, is a charming small town that offers a peaceful lifestyle surrounded by nature. With a community-focused atmosphere, residents enjoy local amenities, outdoor activities, and a rich history. Echo serves as a perfect retreat for those looking to escape the hustle and bustle of city life.
Current Market Conditions in Echo, OR
The current real estate market in Echo, OR, is seeing a steady increase in home prices. With its affordability compared to larger urban areas, many buyers are looking to invest in this charming locale as a primary residence or vacation home. The demand for properties here is growing, making it a potential hotspot for real estate investment.
As more families and retirees are drawn to Echo's tranquil lifestyle and natural beauty, the market is witnessing a gradual appreciation in property values. New home listings are appearing, and older homes are being renovated or updated to meet modern standards, enhancing the overall appeal of the community.
Home Value Estimator For Echo, OR
There are currently 429 real estate properties
in Echo, OR,
with a median automated valuation model (AVM) price
of $272,250.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Echo, 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 Echo, OR,
is $461,553.00, with the most expensive house
in Echo, OR, topping out
at $8,071,800.00 and the cheapest home
in Echo, OR,
clocking in at $19,361.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Echo, OR!
Rent Prices
In Echo, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Echo, OR, is on
a rollercoaster ride. The
average rent price in Echo, OR,
is $1,113.00. Indeed, when looking to rent in
Echo, OR, you can expect to pay as little
as $540.00 or as much
as $2,420.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Echo, 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.
Learn more on Foreclosure homes
