Lorane, OR Foreclosures
How much do homes sell for in Lorane, OR?
The average home price is currently $459,908.
In Lorane, OR, how many homes are available?
There are currently 523 active home listings available in Lorane.
What’s the average rental cost in Lorane, OR?
The average rental price in Lorane is $1,265.
What is the most expensive home in Lorane?
The most expensive home sold in Lorane had a price of $3,423,400.
What is currently the cheapest priced home in Lorane, OR?
The cheapest home for sale in Lorane is priced at $46,845.
Living in Lorane, OR
Lorane, Oregon, is a quaint rural community that boasts stunning landscapes and a peaceful atmosphere. Perfect for those seeking a slower pace of life, it offers numerous outdoor activities and a welcoming community. Located just a short drive from larger cities, residents can enjoy the best of both worlds.
Current Market Conditions in Lorane, OR
The real estate market in Lorane, OR, has shown stable growth over the past few years. Home prices are typically affordable compared to larger urban centers, which attracts first-time buyers and those looking for investment opportunities in rural properties. As more people seek to escape city life, the demand for homes in this area is expected to continue growing, especially for properties with acreage.
New developments are coming to the area, but most homes maintain their charm and accommodate buyers looking for something unique and spacious. Additionally, the influx of remote workers has led to an increased interest in homes that offer rural comfort close to nature.
Home Value Estimator For Lorane, OR
There are currently 226 real estate properties
in Lorane, OR,
with a median automated valuation model (AVM) price
of $394,600.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lorane, 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 Lorane, OR,
is $459,908.00, with the most expensive house
in Lorane, OR, topping out
at $3,423,400.00 and the cheapest home
in Lorane, OR,
clocking in at $46,845.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lorane, OR!
Rent Prices
In Lorane, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lorane, OR, is on
a rollercoaster ride. The
average rent price in Lorane, OR,
is $1,265.00. Indeed, when looking to rent in
Lorane, OR, you can expect to pay as little
as $730.00 or as much
as $1,970.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Lorane, 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.
Learn more on Foreclosure homes
