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Foreclosure Homes in Powell Butte, OR 97753

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Powell Butte, OR Foreclosures

How much do homes sell for in Powell Butte, OR?
The average home price is currently $987,191.
In Powell Butte, OR, how many homes are available?
There are currently 1 active home listings available in Powell Butte.
What’s the average rental cost in Powell Butte, OR?
The average rental price in Powell Butte is $1,606.
What is the most expensive home in Powell Butte?
The most expensive home sold in Powell Butte had a price of $24,460,000.
What is currently the cheapest priced home in Powell Butte, OR?
The cheapest home for sale in Powell Butte is priced at $75,617.

Living in Powell Butte, OR

Powell Butte, OR is a beautiful rural community that offers stunning natural landscapes and a strong sense of community. It is a perfect place for outdoor enthusiasts, with endless opportunities for hiking, biking, and enjoying nature. Located near bustling Redmond and Bend, residents can enjoy the best of both worlds: a tranquil lifestyle with convenient access to urban amenities.

Current Market Conditions in Powell Butte, OR

The Powell Butte real estate market has been characterized by a steady appreciation in property values, reflecting the desirability of rural living in Central Oregon. The area has seen an influx of buyers seeking larger lots and homes with expansive views, largely driven by the ongoing demand for more space due to remote work and the pandemic. Home sales have increased, demonstrating a strong interest in this community.

Currently, the market is favoring sellers due to low inventory levels, which has resulted in competitive bidding on desirable properties. Listings are moving quickly, often selling above the asking price, indicating a robust interest in this picturesque area. Buyers are encouraged to act quickly when new listings become available.

Home Value Estimator For Powell Butte, OR

There are currently 1,220 real estate properties in Powell Butte, OR, with a median automated valuation model (AVM) price of $843,833.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Powell Butte, 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 Powell Butte, OR, is $987,191.00, with the most expensive house in Powell Butte, OR, topping out at $24,460,000.00 and the cheapest home in Powell Butte, OR, clocking in at $75,617.00. In other words, there’s something for every potential homebuyer or savvy investor in Powell Butte, OR!

Rent Prices In Powell Butte, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Powell Butte, OR, is on a rollercoaster ride. The average rent price in Powell Butte, OR, is $1,606.00. Indeed, when looking to rent in Powell Butte, OR, you can expect to pay as little as $680.00 or as much as $3,240.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Powell Butte, 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.

Powell Butte, OR 97753 Foreclosures


Market Trend for Powell Butte, OR

Total Listings Available: 1

Market Values:

Home Prices from $75,617 to $24,460,000

Average Sales Price: $987,191

Rental Values:

Rental from $680 to $3,240

Average Rent Value: $1,606 / month

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