Single-family Foreclosures in Philomath, OR 97370

Current Market Conditions in Philomath, OR

The real estate market in Philomath is experiencing a steady increase in demand, with many buyers drawn to the town's charm and affordable housing options compared to nearby Corvallis. The market remains competitive, with homes selling quickly, reflecting the growing interest in smaller towns with a friendly atmosphere.

A notable trend in the area is the growing preference for single-family homes with outdoor space. Many buyers are looking for properties that allow for home offices and flexible spaces, which has driven up prices in some segments of the market.

Rent Prices In Philomath, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Philomath, OR, is on a rollercoaster ride. The average rent price in Philomath, OR, is $1,341.00. Indeed, when looking to rent in Philomath, OR, you can expect to pay as little as $670.00 or as much as $3,550.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Philomath, 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.