Foreclosure Homes in Independence, OR

Current Market Conditions in Independence, OR

The real estate market in Independence is showing signs of stabilization after a period of rapid growth. Home prices have slightly decreased, which presents an excellent opportunity for buyers looking to enter the market. The demand for homes remains steady, fueled by the town's appealing lifestyle and attractive amenities.

Independence continues to draw interest due to its proximity to larger cities like Salem and Corvallis, combining small-town charm with easy access to metropolitan conveniences. The market is characterized by a mix of historical homes and newly constructed residences that appeal to a diverse range of buyers.

Rent Prices In Independence, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Independence, OR, is on a rollercoaster ride. The average rent price in Independence, OR, is $1,288.00. Indeed, when looking to rent in Independence, OR, you can expect to pay as little as $700.00 or as much as $3,050.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Independence, 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.