Foreclosure Homes in Forest Grove, OR 97116

Current Market Conditions in Forest Grove, OR

The real estate market in Forest Grove has been experiencing steady growth over the past several years. With its attractive residential neighborhoods and proximity to Portland, demand for housing is high. Prices in Forest Grove tend to be more affordable compared to neighboring areas, appealing to first-time homeowners, families, and retirees looking for value.

Current trends show a shift towards more buyers seeking homes in this area as remote work becomes more common, leading to increased interest in spacious properties with larger outdoor spaces. Investors are also taking advantage of the competitive rental market fueled by the nearby university.

Rent Prices In Forest Grove, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forest Grove, OR, is on a rollercoaster ride. The average rent price in Forest Grove, OR, is $1,335.00. Indeed, when looking to rent in Forest Grove, OR, you can expect to pay as little as $660.00 or as much as $3,090.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Forest Grove, 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.