foreclosure.com

Foreclosure Homes in Otis, OR

Search within map
Displaying 1 - 6 of 6
 
More real estate for sale

Other cities with foreclosures
Zip codes

Otis, OR Foreclosures

How much do homes sell for in Otis, OR?
The average home price is currently $410,530.
In Otis, OR, how many homes are available?
There are currently 6 active home listings available in Otis.
What’s the average rental cost in Otis, OR?
The average rental price in Otis is $1,154.
What is the most expensive home in Otis?
The most expensive home sold in Otis had a price of $14,715,286.
What is currently the cheapest priced home in Otis, OR?
The cheapest home for sale in Otis is priced at $18,813.

Living in Otis, OR

Otis, OR, is a serene small town known for its natural beauty and recreational opportunities. Surrounded by forests and close to beaches, it offers a peaceful lifestyle for families and retirees. The community prioritizes education and has various local businesses that enhance its economy.

Current Market Conditions in Otis, OR

The real estate market in Otis is characterized by a mix of charming cottages and contemporary homes, appealing to a range of buyers from investors to first-time homeowners. As interest in rural living grows, property values are steadily increasing, making it an opportune time for investment.

In recent months, there has been a noticeable rise in demand for vacation rentals and second homes in the area, driven primarily by its attractive natural surroundings and outdoor activities. This trend indicates potential for strong returns on real estate investments, particularly in the short-term rental market.

Home Value Estimator For Otis, OR

There are currently 1,933 real estate properties in Otis, OR, with a median automated valuation model (AVM) price of $325,855.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Otis, 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 Otis, OR, is $410,530.00, with the most expensive house in Otis, OR, topping out at $14,715,286.00 and the cheapest home in Otis, OR, clocking in at $18,813.00. In other words, there’s something for every potential homebuyer or savvy investor in Otis, OR!

Rent Prices In Otis, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Otis, OR, is on a rollercoaster ride. The average rent price in Otis, OR, is $1,154.00. Indeed, when looking to rent in Otis, OR, you can expect to pay as little as $560.00 or as much as $3,120.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Otis, 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.

Otis, OR Foreclosures


Market Trend for Otis, OR

Total Listings Available: 6

Market Values:

Home Prices from $18,813 to $14,715,286

Average Sales Price: $410,530

Rental Values:

Rental from $560 to $3,120

Average Rent Value: $1,154 / month

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.