Living in Metolius, OR
Metolius, Oregon, is a small yet vibrant town known for its scenic beauty and friendly community. The area boasts incredible outdoor activities and a peaceful lifestyle, making it an attractive place for real estate investment. With essential amenities nearby and a strong sense of community, it's an excellent choice for families and outdoor enthusiasts alike.
Current Market Conditions in Metolius, OR
The real estate market in Metolius is currently experiencing steady interest due to its picturesque landscapes and friendly environment. As more people seek properties in serene locales away from busy urban centers, home values are gradually increasing, making it a promising investment destination.
The area remains affordable compared to larger cities, attracting first-time buyers and investors aiming for rental properties. With an ongoing demand for housing in small communities, investors can expect a favorable return on investment as the market continues to grow.
Home Value Estimator For Metolius, OR
There are currently 387 real estate properties
in Metolius, OR,
with a median automated valuation model (AVM) price
of $292,183.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Metolius, 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 Metolius, OR,
is $287,171.00, with the most expensive house
in Metolius, OR, topping out
at $916,200.00 and the cheapest home
in Metolius, OR,
clocking in at $26,053.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Metolius, OR!
Rent Prices
In Metolius, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Metolius, OR, is on
a rollercoaster ride. The
average rent price in Metolius, OR,
is $1,061.00. Indeed, when looking to rent in
Metolius, OR, you can expect to pay as little
as $580.00 or as much
as $1,480.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Metolius, 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.
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