Elgin, OR Foreclosures
How much do homes sell for in Elgin, OR?
The average home price is currently $333,194.
In Elgin, OR, how many homes are available?
There are currently 3 active home listings available in Elgin.
What’s the average rental cost in Elgin, OR?
The average rental price in Elgin is $1,043.
What is the most expensive home in Elgin?
The most expensive home sold in Elgin had a price of $3,567,949.
What is currently the cheapest priced home in Elgin, OR?
The cheapest home for sale in Elgin is priced at $11,056.
Living in Elgin, OR
Elgin, Oregon, is a quaint and friendly community located in the heart of the Grande Ronde Valley. With beautiful mountain vistas, outdoor activities, and a close-knit community, it is an excellent place for families and retirees alike. The city's local amenities and strong educational focus make it an appealing choice for anyone looking to settle in a peaceful environment.
Current Market Conditions in Elgin, OR
The real estate market in Elgin is currently stable, with a moderate inventory of homes available for sale. Recent trends indicate a gradual increase in home prices, reflecting the area's growing appeal as more people seek out rural living experiences post-pandemic. The market is attracting both first-time homebuyers and investors looking for affordable properties.
As the demand for homes in rural areas continues to rise, Elgin is seeing a positive shift in property values. Over the past several months, the market has shown resilience, with homes selling relatively quickly, indicating a competitive climate.
Home Value Estimator For Elgin, OR
There are currently 881 real estate properties
in Elgin, OR,
with a median automated valuation model (AVM) price
of $250,652.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elgin, 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 Elgin, OR,
is $333,194.00, with the most expensive house
in Elgin, OR, topping out
at $3,567,949.00 and the cheapest home
in Elgin, OR,
clocking in at $11,056.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elgin, OR!
Rent Prices
In Elgin, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elgin, OR, is on
a rollercoaster ride. The
average rent price in Elgin, OR,
is $1,043.00. Indeed, when looking to rent in
Elgin, OR, you can expect to pay as little
as $570.00 or as much
as $2,140.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Elgin, 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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