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Foreclosure Homes in Hermiston, OR

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Hermiston, OR Foreclosures

Current Market Conditions in in Hermiston, OR As of March 2026?
In the past month, Hermiston's real estate market has shown a notable increase in activity. More homes have been listed for sale, and there has been an uptick in buyer interest, evidenced by faster sales times. Home prices have seen a modest increase as well, driven by the growing popularity of the area among newcomers seeking a balance of comfort and convenience.
How much do homes sell for in Hermiston, OR?
The average home price is currently $340,477.
In Hermiston, OR, how many homes are available?
There are currently 43 active home listings available in Hermiston.
What’s the average rental cost in Hermiston, OR?
The average rental price in Hermiston is $1,133.
What is the most expensive home in Hermiston?
The most expensive home sold in Hermiston had a price of $12,553,213.
What is currently the cheapest priced home in Hermiston, OR?
The cheapest home for sale in Hermiston is priced at $10,874.

Living in Hermiston, OR

Hermiston, Oregon, is a charming city that combines the best of rural and urban living. Known for its agricultural background, it offers a friendly community, multiple schools, and a range of recreational opportunities. The city's location allows residents to enjoy the outdoors while being close to larger urban areas.

Buyer vs Seller Market in Hermiston, OR

The real estate market in Hermiston is experiencing steady growth, attracting new residents and investors. Home prices have been on the rise due to increased demand and limited inventory, making it an attractive market for sellers.

More young families and professionals are moving to the area, looking for affordable housing and a supportive community, which has led to a positive shift in home values over recent months.

Home Value Estimator For Hermiston, OR

There are currently 10,382 real estate properties in Hermiston, OR, with a median automated valuation model (AVM) price of $293,541.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hermiston, 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 Hermiston, OR, is $340,477.00, with the most expensive house in Hermiston, OR, topping out at $12,553,213.00 and the cheapest home in Hermiston, OR, clocking in at $10,874.00. In other words, there’s something for every potential homebuyer or savvy investor in Hermiston, OR!

Rent Prices In Hermiston, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hermiston, OR, is on a rollercoaster ride. The average rent price in Hermiston, OR, is $1,133.00. Indeed, when looking to rent in Hermiston, OR, you can expect to pay as little as $580.00 or as much as $3,160.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Hermiston, 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.

Hermiston, OR Foreclosures

Market Trend for Hermiston, OR

Total Listings Available: 43

Market Values:

Home Prices from $10,874 to $12,553,213

Average Sales Price: $340,477

Rental Values:

Rental from $580 to $3,160

Average Rent Value: $1,133 / month

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