Living in Moro, OR
Moro, OR, is a small town with a charming atmosphere and beautiful landscapes, perfect for nature lovers. The community is close-knit, providing a sense of belonging and tranquility. Its convenient location near Highway 97 makes accessing nearby urban amenities easy while enjoying the rural lifestyle.
Current Market Conditions in Moro, OR
The real estate market in Moro is experiencing steady growth, driven by an increasing interest in rural living and outdoor recreation. Homebuyers are attracted to the affordability and spacious properties available in the area, which are often larger than those found in urban settings.
As more people seek to escape bustling city life, the demand for properties in Moro is expected to rise, presenting an excellent opportunity for investors looking to capitalize on this emerging market trend.
Home Value Estimator For Moro, OR
There are currently 65 real estate properties
in Moro, OR,
with a median automated valuation model (AVM) price
of $267,972.00. 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 $302,363.00, with the most expensive house
in Moro, OR, topping out
at $920,524.00 and the cheapest home
in Moro, OR,
clocking in at $74,722.00. 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 $1,214.00. Indeed, when looking to rent in
Moro, OR, you can expect to pay as little
as $870.00 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.