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Preforeclosure Homes in Monmouth, OR

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Monmouth, OR Foreclosures

How much do homes sell for in Monmouth, OR?
The average home price is currently $555,367.
In Monmouth, OR, how many homes are available?
There are currently 6 active home listings available in Monmouth.
What’s the average rental cost in Monmouth, OR?
The average rental price in Monmouth is $1,321.
What is the most expensive home in Monmouth?
The most expensive home sold in Monmouth had a price of $8,890,369.
What is currently the cheapest priced home in Monmouth, OR?
The cheapest home for sale in Monmouth is priced at $39,140.

Living in Monmouth, OR

Monmouth, OR is a peaceful town blending a rich community feel with the benefits of collegiate life. With parks, local culture, and safety, it’s an ideal location for families and students alike.

Current Market Conditions in Monmouth, OR

The real estate market in Monmouth currently shows a balanced environment with moderate demand and supply. Homes are selling at a steady pace, with an average time on the market around 30 to 45 days. This trend indicates a healthy market favorable for both buyers and sellers.

Recent data shows an increase in home values, reflecting the growing interest in the area. Many buyers are attracted to Monmouth for its affordability compared to surrounding regions, particularly the Salem metropolitan area.

Home Value Estimator For Monmouth, OR

There are currently 3,559 real estate properties in Monmouth, OR, with a median automated valuation model (AVM) price of $469,810.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monmouth, 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 Monmouth, OR, is $555,367.00, with the most expensive house in Monmouth, OR, topping out at $8,890,369.00 and the cheapest home in Monmouth, OR, clocking in at $39,140.00. In other words, there’s something for every potential homebuyer or savvy investor in Monmouth, OR!

Rent Prices In Monmouth, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monmouth, OR, is on a rollercoaster ride. The average rent price in Monmouth, OR, is $1,321.00. Indeed, when looking to rent in Monmouth, OR, you can expect to pay as little as $520.00 or as much as $2,980.00, 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 Monmouth, 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.

Monmouth, OR Preforeclosure Homes


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