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Foreclosure Homes in Gervais, OR 97026

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Gervais, OR Foreclosures

How much do homes sell for in Gervais, OR?
The average home price is currently $434,608.
In Gervais, OR, how many homes are available?
There are currently 3 active home listings available in Gervais.
What’s the average rental cost in Gervais, OR?
The average rental price in Gervais is $1,431.
What is the most expensive home in Gervais?
The most expensive home sold in Gervais had a price of $2,849,723.
What is currently the cheapest priced home in Gervais, OR?
The cheapest home for sale in Gervais is priced at $51,334.

Living in Gervais, OR

Gervais, OR, is a charming small town located in Marion County, offering a peaceful lifestyle amidst beautiful rural landscapes. Just a short distance from Salem, this cozy community features essential amenities, parks, and schools, making it family-friendly and inviting. With its agricultural roots and a variety of outdoor activities, Gervais is perfect for those looking to escape the urban rush.

Current Market Conditions in Gervais, OR

The current real estate market in Gervais is stable, with a mix of affordable homes and a few higher-end properties available. Over the past few months, activity has picked up as more families and individuals seek the peaceful lifestyle that Gervais can offer. Home values remain relatively affordable compared to nearby urban areas, making it an attractive option for first-time buyers and those looking for investment properties.

Home Value Estimator For Gervais, OR

There are currently 970 real estate properties in Gervais, OR, with a median automated valuation model (AVM) price of $412,806.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gervais, 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 Gervais, OR, is $434,608.00, with the most expensive house in Gervais, OR, topping out at $2,849,723.00 and the cheapest home in Gervais, OR, clocking in at $51,334.00. In other words, there’s something for every potential homebuyer or savvy investor in Gervais, OR!

Rent Prices In Gervais, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gervais, OR, is on a rollercoaster ride. The average rent price in Gervais, OR, is $1,431.00. Indeed, when looking to rent in Gervais, OR, you can expect to pay as little as $730.00 or as much as $2,150.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Gervais, 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.

Gervais, OR 97026 Foreclosures

Market Trend for Gervais, OR

Total Listings Available: 3

Market Values:

Home Prices from $51,334 to $2,849,723

Average Sales Price: $434,608

Rental Values:

Rental from $730 to $2,150

Average Rent Value: $1,431 / month

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