Moro, OR Foreclosures
How much do homes sell for in Moro, OR?
The average home price is currently $325,880.
What’s the average rental cost in Moro, OR?
The average rental price in Moro is $1,193.
What is the most expensive home in Moro?
The most expensive home sold in Moro had a price of $897,904.
What is currently the cheapest priced home in Moro, OR?
The cheapest home for sale in Moro is priced at $73,280.
Living in Moro, OR
Moro, Oregon is a quaint and friendly small town located in the heart of Sherman County. Known for its scenic views and tight-knit community, this town offers a rural lifestyle perfect for those seeking tranquility. The surrounding landscapes feature rolling hills and the nearby John Day River, which is excellent for outdoor enthusiasts.
Current Market Conditions in Moro, OR
The real estate market in Moro is currently showing stable growth, driven by the increasing interest in rural and suburban living. Buyers are looking for affordable housing opportunities away from larger cities, and this trend has been positively impacting home values in the area. With new developments on the rise, Moro is becoming an attractive option for investors.
Recently, there has been a noticeable uptick in interest from buyers, particularly those seeking second homes or vacation properties due to the town's scenic surroundings. This has resulted in homes selling moderately within a few months of being listed, indicating a competitive market.
Home Value Estimator For Moro, OR
There are currently 70 real estate properties
in Moro, OR,
with a median automated valuation model (AVM) price
of $272,108.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Moro, 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 Moro, OR,
is $325,880.00, with the most expensive house
in Moro, OR, topping out
at $897,904.00 and the cheapest home
in Moro, OR,
clocking in at $73,280.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Moro, OR!
Rent Prices
In Moro, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Moro, OR, is on
a rollercoaster ride. The
average rent price in Moro, OR,
is $1,193.00. Indeed, when looking to rent in
Moro, OR, you can expect to pay as little
as $630.00 or as much
as $1,660.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Moro, 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.