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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 $440,558.
In Gervais, OR, how many homes are available?
There are currently 4 active home listings available in Gervais.
What’s the average rental cost in Gervais, OR?
The average rental price in Gervais is $1,433.
What is the most expensive home in Gervais?
The most expensive home sold in Gervais had a price of $2,771,586.
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, Oregon, is a small, family-oriented town known for its strong agricultural background and welcoming community. The area features a variety of outdoor recreational activities and is conveniently located near larger cities like Salem. With its vibrant lifestyle and scenic beauty, Gervais is an attractive option for real estate investors looking to tap into a growing market.

Current Market Conditions in Gervais, OR

The Gervais real estate market is currently experiencing a steady demand, fueled by young families and individuals seeking affordable housing options away from more populous urban centers. With housing prices comparatively lower than those in nearby cities, the area is becoming increasingly appealing to first-time homebuyers and investors alike.

Recent trends indicate that home values in Gervais are on the rise due to the demand for residential properties. With the ongoing development and growth of amenities and community resources, Gervais shows promising potential for appreciation, making it an ideal time for investment in the local real estate market.

Home Value Estimator For Gervais, OR

There are currently 963 real estate properties in Gervais, OR, with a median automated valuation model (AVM) price of $424,700.00. 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 $440,558.00, with the most expensive house in Gervais, OR, topping out at $2,771,586.00 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 $1,433.00. 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: 4

Market Values:

Home Prices from $51,334 to $2,771,586

Average Sales Price: $440,558

Rental Values:

Rental from $730 to $2,150

Average Rent Value: $1,433 / month

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