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Preforeclosure Homes in Odessa, WA

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Living in Odessa, WA

Odessa, WA, is a charming small town known for its agricultural landscape and strong community spirit. The area offers a peaceful rural lifestyle with easy access to a variety of outdoor activities. It is an appealing location for families and retirees seeking a friendly environment.

Current Market Conditions in Odessa, WA

The real estate market in Odessa is currently showing signs of stability, with moderate home price increases over the past year. Homes in the area are sought after for their affordability and the peaceful lifestyle they offer. Investors looking for long-term rental opportunities may find advantageous conditions, as demand for housing remains consistent due to the area's quality of life.

Though the market is small, Odessa presents a unique opportunity for investors interested in rental properties. The limited inventory combined with steady demand makes this location an attractive option for those looking to invest in residential rental homes.

Home Value Estimator For Odessa, WA

There are currently 547 real estate properties in Odessa, WA, with a median automated valuation model (AVM) price of $211,244.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Odessa, WA, 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 Odessa, WA, is $254,152.00, with the most expensive house in Odessa, WA, topping out at $1,730,200.00 and the cheapest home in Odessa, WA, clocking in at $29,186.00. In other words, there’s something for every potential homebuyer or savvy investor in Odessa, WA!

Rent Prices In Odessa, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Odessa, WA, is on a rollercoaster ride. The average rent price in Odessa, WA, is $1,046.00. Indeed, when looking to rent in Odessa, WA, you can expect to pay as little as $640.00 or as much as $1,980.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Odessa, WA -- 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.

Odessa, WA Preforeclosure Homes


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