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Foreclosure Homes in Gearhart, OR 97138

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Gearhart, OR Foreclosures

How much do homes sell for in Gearhart, OR?
The average home price is currently $845,442.
In Gearhart, OR, how many homes are available?
There are currently 2 active home listings available in Gearhart.
What’s the average rental cost in Gearhart, OR?
The average rental price in Gearhart is $1,535.
What is the most expensive home in Gearhart?
The most expensive home sold in Gearhart had a price of $9,536,090.
What is currently the cheapest priced home in Gearhart, OR?
The cheapest home for sale in Gearhart is priced at $62,913.

Living in Gearhart, OR

Gearhart, Oregon is a picturesque coastal town with beautiful beaches and a close-knit community. Known for its outdoor activities and serene atmosphere, it offers a plethora of dining and shopping options. With easy access to nearby Seaside, Gearhart is perfect for those seeking a relaxed beach lifestyle.

Current Market Conditions in Gearhart, OR

The real estate market in Gearhart has been witnessing steady growth, with increasing interest from both buyers and investors. Home prices have seen an uptick as more people are discovering the charm and tranquility of this coastal community.

Current market trends indicate a competitive landscape, with homes often receiving multiple offers. The demand for beach rentals and second homes is particularly high, driven by both investors and families looking for vacation properties.

Home Value Estimator For Gearhart, OR

There are currently 1,703 real estate properties in Gearhart, OR, with a median automated valuation model (AVM) price of $680,978.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gearhart, 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 Gearhart, OR, is $845,442.00, with the most expensive house in Gearhart, OR, topping out at $9,536,090.00 and the cheapest home in Gearhart, OR, clocking in at $62,913.00. In other words, there’s something for every potential homebuyer or savvy investor in Gearhart, OR!

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.

Gearhart, OR 97138 Foreclosures

Market Trend for Gearhart, OR

Total Listings Available: 2

Market Values:

Home Prices from $62,913 to $9,536,090

Average Sales Price: $845,442

Rental Values:

Rental from $760 to $3,820

Average Rent Value: $1,535 / month

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