Living in Moro, OR
Moro is a quaint town located in the north-central region of Oregon, offering a serene and picturesque setting for those seeking a quiet lifestyle. The town is nestled among rolling hills and provides a close-knit community atmosphere. Its proximity to the Columbia River Gorge National Scenic Area makes it an ideal spot for outdoor enthusiasts.
Current Market Conditions in Moro, OR
Moro's real estate market has seen steady growth over the past few years, with increasing interest among buyers looking for affordable options. The town's scenic beauty and quiet lifestyle have attracted both families and individuals seeking a peaceful retreat.
As the market continues to grow, prices for homes have appreciated modestly, allowing for opportunities for both buyers and investors. The current trend is leaning towards increased demand for residential properties, spurring new developments in the area.
Home Value Estimator For Moro, OR
There are currently 66 real estate properties
in Moro, OR,
with a median automated valuation model (AVM) price
of $268,530.00. 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 $301,590.00, with the most expensive house
in Moro, OR, topping out
at $903,070.00 and the cheapest home
in Moro, OR,
clocking in at $75,111.00. 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.
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