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Foreclosure Homes in Hermiston, OR 97838

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Hermiston, OR Foreclosures

How much do homes sell for in Hermiston, OR?
The average home price is currently $344,882.
In Hermiston, OR, how many homes are available?
There are currently 38 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 $13,021,987.
What is currently the cheapest priced home in Hermiston, OR?
The cheapest home for sale in Hermiston is priced at $11,025.

Living in Hermiston, OR

Hermiston, OR is a vibrant community nestled in Eastern Oregon, famous for its agricultural richness and warm, friendly residents. With a myriad of outdoor activities and events throughout the year, Hermiston mixes the charm of small-town living with the conveniences of modern amenities. The thriving local economy and local schools further enhance its appeal for families and individuals alike.

Current Market Conditions in Hermiston, OR

Currently, Hermiston's real estate market is experiencing a steady increase in both property values and demand. The affordable housing market continues to attract homebuyers who are drawn to the region's scenic beauty and lively community spirit.

Trends indicate that Hermiston is becoming a sought-after location for first-time homebuyers and families looking for more space, leading to a rise in new housing developments and renovations in older homes.

Home Value Estimator For Hermiston, OR

There are currently 10,380 real estate properties in Hermiston, OR, with a median automated valuation model (AVM) price of $299,179.00. 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 $344,882.00, with the most expensive house in Hermiston, OR, topping out at $13,021,987.00 and the cheapest home in Hermiston, OR, clocking in at $11,025.00. 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 97838 Foreclosures

Market Trend for Hermiston, OR

Total Listings Available: 38

Market Values:

Home Prices from $11,025 to $13,021,987

Average Sales Price: $344,882

Rental Values:

Rental from $580 to $3,160

Average Rent Value: $1,133 / month

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