Orovada, NV Foreclosures
How much do homes sell for in Orovada, NV?
The average home price is currently $663,811.
What’s the average rental cost in Orovada, NV?
The average rental price in Orovada is $1,389.
What is the most expensive home in Orovada?
The most expensive home sold in Orovada had a price of $6,904,843.
What is currently the cheapest priced home in Orovada, NV?
The cheapest home for sale in Orovada is priced at $21,910.
Living in Orovada, NV
Orovada, NV, is a charming rural community surrounded by the stunning Ruby Mountains. Ideal for outdoor enthusiasts, it offers a peaceful lifestyle alongside a rich historical heritage. Residents can enjoy local amenities while basking in the natural beauty of Northern Nevada.
Current Market Conditions in Orovada, NV
The real estate market in Orovada is characterized by its affordability and low competition compared to urban centers. Home prices remain competitive, attracting those looking for investment opportunities or a primary residence in a serene setting. Over recent months, interest in the area has grown, driven by a desire for quieter living spaces and proximity to nature.
As of late 2023, the market shows signs of stability, with steady pricing trends and increasing demand for homes that embrace the natural landscape. Sellers are not experiencing significant bidding wars, making it easier for buyers to negotiate favorable terms.
Home Value Estimator For Orovada, NV
There are currently 55 real estate properties
in Orovada, NV,
with a median automated valuation model (AVM) price
of $272,600.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Orovada, NV, 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 Orovada, NV,
is $663,811.00, with the most expensive house
in Orovada, NV, topping out
at $6,904,843.00 and the cheapest home
in Orovada, NV,
clocking in at $21,910.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Orovada, NV!
Rent Prices
In Orovada, NV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Orovada, NV, is on
a rollercoaster ride. The
average rent price in Orovada, NV,
is $1,389.00. Indeed, when looking to rent in
Orovada, NV, you can expect to pay as little
as $790.00 or as much
as $3,080.00,
with the average rent median estimated to
be $1,260.00. The good news is that finding
an affordable and desirable property to rent in Orovada, NV
-- 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.
Learn more on Foreclosure homes
