Living in Gleneden Beach, OR
Gleneden Beach, OR, is a picturesque coastal town known for its stunning beaches and beautiful natural surroundings. With plenty of outdoor activities, local arts, and dining options, it grants residents a perfect blend of relaxation and community involvement. The area fosters a friendly atmosphere, making it ideal for families and those seeking a quieter lifestyle by the ocean.
Current Market Conditions in Gleneden Beach, OR
The real estate market in Gleneden Beach is currently experiencing steady growth, with a noticeable increase in demand for vacation homes and rentals. The appeal of coastal living and the rise of remote work have led many to seek homes in this serene beach town, contributing to a competitive market. Houses near the ocean see a premium, while inland properties remain more affordable, creating a diverse range of options for buyers.
Home prices have shown resilience even in the face of broader economic challenges, with median home values reflecting an upward trend. Interest rates have impacted some buyers' decisions, but cash offers and second home investments continue to bolster the market.
Home Value Estimator For Gleneden Beach, OR
There are currently 326 real estate properties
in Gleneden Beach, OR,
with a median automated valuation model (AVM) price
of $587,038.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gleneden Beach, 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 Gleneden Beach, OR,
is $631,904.00, with the most expensive house
in Gleneden Beach, OR, topping out
at $2,893,955.00 and the cheapest home
in Gleneden Beach, OR,
clocking in at $63,011.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gleneden Beach, OR!
Rent Prices
In Gleneden Beach, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gleneden Beach, OR, is on
a rollercoaster ride. The
average rent price in Gleneden Beach, OR,
is $1,348.00. Indeed, when looking to rent in
Gleneden Beach, OR, you can expect to pay as little
as $670.00 or as much
as $2,920.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Gleneden Beach, 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.
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