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Cheap Homes in Myrtle Point, OR

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Living in Myrtle Point, OR

Myrtle Point, OR is a charming small town known for its beautiful natural surroundings and strong community spirit. With excellent educational facilities, local amenities, and numerous outdoor activities, it is a great place for families and retirees. The agricultural heritage adds to its unique character, making it an appealing location for real estate investment.

Current Market Conditions in Myrtle Point, OR

The real estate market in Myrtle Point is characterized by reasonably priced homes, making it an appealing destination for first-time buyers and investors. The market is stable, with a steady demand for rental properties, indicating a healthy investment opportunity.

With its picturesque landscapes and growing community infrastructure, Myrtle Point is experiencing gradual growth, attracting new residents and businesses. The affordable pricing of homes relative to nearby larger towns indicates potential for appreciation in property values.

Home Value Estimator For Myrtle Point, OR

There are currently 1,566 real estate properties in Myrtle Point, OR, with a median automated valuation model (AVM) price of $282,444.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Myrtle Point, 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 Myrtle Point, OR, is $320,733.00, with the most expensive house in Myrtle Point, OR, topping out at $5,999,200.00 and the cheapest home in Myrtle Point, OR, clocking in at $11,652.00. In other words, there’s something for every potential homebuyer or savvy investor in Myrtle Point, OR!

Rent Prices In Myrtle Point, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Myrtle Point, OR, is on a rollercoaster ride. The average rent price in Myrtle Point, OR, is $1,081.00. Indeed, when looking to rent in Myrtle Point, OR, you can expect to pay as little as $520.00 or as much as $2,140.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Myrtle Point, 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.

Cheap Homes in Myrtle Point, OR


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