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Preforeclosure Homes in Hermiston, OR

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Hermiston, OR Foreclosures

How much do homes sell for in Hermiston, OR?
The average home price is currently $333,184.
In Hermiston, OR, how many homes are available?
There are currently 16 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 $11,489,256.
What is currently the cheapest priced home in Hermiston, OR?
The cheapest home for sale in Hermiston is priced at $13,989.

Living in Hermiston, OR

Hermiston, Oregon, is a charming city nestled in the northeast region, offering a blend of rural lifestyle and modern conveniences. Residents enjoy a variety of outdoor activities, local events, and easy access to nearby cities. With a strong sense of community and thriving agricultural background, Hermiston is an appealing place for families and individuals alike.

Current Market Conditions in Hermiston, OR

The real estate market in Hermiston has been on an upward trend, with a noticeable increase in home values over the past year. As more people recognize the city's appeal, particularly in terms of affordability and community, demand for housing continues to grow.

Interest rates have affected home buying power, yet the housing market remains competitive. There has been a healthy turnover of properties, especially among first-time homebuyers looking for affordable options. Sales in market segments like single-family homes have seen consistent appreciation, making it an attractive area for real estate investment.

Home Value Estimator For Hermiston, OR

There are currently 9,804 real estate properties in Hermiston, OR, with a median automated valuation model (AVM) price of $296,703.00. 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 $333,184.00, with the most expensive house in Hermiston, OR, topping out at $11,489,256.00 and the cheapest home in Hermiston, OR, clocking in at $13,989.00. 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 Preforeclosure Homes


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