Foreclosure Homes in Mount Angel, OR 97362

Current Market Conditions in Mount Angel, OR

The real estate market in Mount Angel has shown resilience despite national trends, making it an attractive option for buyers. The combination of affordable home prices and scenic beauty means that demand for housing remains steady. Recently, the area has seen increased interest among families and retirees, contributing to a more competitive market. The availability of homes, particularly those with land, is driving a good mix of buyers seeking either primary residences or vacation homes.

Investors have noted the potential for growth in Mount Angel due to the town's proximity to larger urban areas such as Salem and Portland. The small-town charm accompanied by a reasonable cost of living and active community events is appealing. However, homes are not sitting on the market for long; buyers are encouraged to act swiftly. The trend towards remote work options has also contributed to the demand as people seek homes in quieter settings.

Rent Prices In Mount Angel, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Angel, OR, is on a rollercoaster ride. The average rent price in Mount Angel, OR, is $1,432.00. Indeed, when looking to rent in Mount Angel, OR, you can expect to pay as little as $800.00 or as much as $2,620.00, with the average rent median estimated to be $1,470.00. The good news is that finding an affordable and desirable property to rent in Mount Angel, 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.