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As-is Deals in Island City, OR

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Island City, OR Foreclosures

How much do homes sell for in Island City, OR?
The average home price is currently $363,467.
What’s the average rental cost in Island City, OR?
The average rental price in Island City is $1,125.
What is the most expensive home in Island City?
The most expensive home sold in Island City had a price of $2,309,052.
What is currently the cheapest priced home in Island City, OR?
The cheapest home for sale in Island City is priced at $95,693.

Living in Island City, OR

Island City, Oregon is a tranquil community that offers a serene lifestyle surrounded by nature. Known for its outdoor recreational activities and friendly atmosphere, this town is perfect for those seeking a peaceful retreat while still being close to urban amenities. With good schools and a low crime rate, it’s an excellent place for families and nature enthusiasts alike.

Current Market Conditions in Island City, OR

The real estate market in Island City is currently exhibiting stability with a steady increase in home values. Buyers are attracted to the area’s affordability compared to urban centers, and many are looking for properties with land to enjoy the rural lifestyle.

In the past few months, there has been a noticeable uptick in demand for homes in Island City, particularly from individuals seeking a second home or a quiet place to retire. This has resulted in a competitive market with homes selling quickly, often above the asking price.

Home Value Estimator For Island City, OR

There are currently 398 real estate properties in Island City, OR, with a median automated valuation model (AVM) price of $346,463.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Island City, 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 Island City, OR, is $363,467.00, with the most expensive house in Island City, OR, topping out at $2,309,052.00 and the cheapest home in Island City, OR, clocking in at $95,693.00. In other words, there’s something for every potential homebuyer or savvy investor in Island City, OR!

Rent Prices In Island City, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Island City, OR, is on a rollercoaster ride. The average rent price in Island City, OR, is $1,125.00. Indeed, when looking to rent in Island City, OR, you can expect to pay as little as $670.00 or as much as $2,130.00, 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 Island City, 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.

Island City, OR As-is Deals


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