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Short Sale Listings in Florence, OR

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Living in Florence, OR

Florence, Oregon is a beautiful coastal city known for its stunning ocean views, outdoor activities, and friendly community atmosphere. With access to beaches, parks, and a vibrant arts scene, it is a great place for both relaxation and adventure. The local economy is supported by tourism and a growing residential market.

Current Market Conditions in Florence, OR

The real estate market in Florence has been experiencing steady growth, with increasing demand for homes as more people discover the charm of this coastal community. Recent trends show rising home prices, making it an attractive location for investors looking for properties that can appreciate in value over time.

The inventory of homes in Florence is limited, which has led to competitive bidding in certain price ranges. Investors may benefit from looking into various property types, including single-family homes and vacation rentals, as the area continues to gain popularity.

Home Value Estimator For Florence, OR

There are currently 10,979 real estate properties in Florence, OR, with a median automated valuation model (AVM) price of $387,315.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Florence, 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 Florence, OR, is $434,197.00, with the most expensive house in Florence, OR, topping out at $6,661,812.00 and the cheapest home in Florence, OR, clocking in at $15,521.00. In other words, there’s something for every potential homebuyer or savvy investor in Florence, OR!

Rent Prices In Florence, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Florence, OR, is on a rollercoaster ride. The average rent price in Florence, OR, is $1,213.00. Indeed, when looking to rent in Florence, OR, you can expect to pay as little as $520.00 or as much as $2,690.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Florence, 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.

Florence, OR Short Sale Listings


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