Foreclosure Homes in Gearhart, OR

Current Market Conditions in Gearhart, OR

The real estate market in Gearhart has remained steady in recent months, with a slight increase in home prices as demand for coastal properties continues to rise. Buyers are drawn to the area for its natural beauty and peaceful lifestyle, leading to competitive offers on well-priced homes.

Vacancy rates are low, indicating a strong interest in rentals, especially during the tourist season. The area has seen a mix of both seasonal and permanent residents, which helps to maintain a lively community feel throughout the year.

Rent Prices In Gearhart, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gearhart, OR, is on a rollercoaster ride. The average rent price in Gearhart, OR, is $1,535.00. Indeed, when looking to rent in Gearhart, OR, you can expect to pay as little as $760.00 or as much as $3,820.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Gearhart, 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.