Living in Powers, OR
Powers, OR is a picturesque small town known for its beautiful landscapes and a close-knit community atmosphere. It offers a wealth of outdoor activities and a peaceful lifestyle that suits families and retirees alike. With local amenities and a solid educational framework, it's an ideal place for real estate investment.
Current Market Conditions in Powers, OR
The real estate market in Powers is currently favorable for investors. Home prices are relatively low compared to urban areas, presenting a unique opportunity for those looking to invest in rental properties or starter homes. The market is steadily growing, with signs of increased interest from home buyers seeking a quieter lifestyle away from the hustle and bustle of city living.
In recent years, Powers has seen an influx of families and retirees looking for affordable housing options. The town's appeal lies in its natural beauty and community-oriented vibe, making it an attractive prospect for real estate development and long-term investment.
Home Value Estimator For Powers, OR
There are currently 343 real estate properties
in Powers, OR,
with a median automated valuation model (AVM) price
of $171,690.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Powers, 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 Powers, OR,
is $201,189.00, with the most expensive house
in Powers, OR, topping out
at $885,282.00 and the cheapest home
in Powers, OR,
clocking in at $19,072.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Powers, OR!
Rent Prices
In Powers, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Powers, OR, is on
a rollercoaster ride. The
average rent price in Powers, OR,
is $954.00. Indeed, when looking to rent in
Powers, OR, you can expect to pay as little
as $470.00 or as much
as $1,650.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Powers, 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.
Learn more on Foreclosure homes
