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Multi-family Foreclosures in Prospect, OR

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Prospect, OR Foreclosures

How much do homes sell for in Prospect, OR?
The average home price is currently $309,681.
In Prospect, OR, how many homes are available?
There are currently 1 active home listings available in Prospect.
What’s the average rental cost in Prospect, OR?
The average rental price in Prospect is $1,107.
What is the most expensive home in Prospect?
The most expensive home sold in Prospect had a price of $2,623,323.
What is currently the cheapest priced home in Prospect, OR?
The cheapest home for sale in Prospect is priced at $30,650.

Living in Prospect, OR

Prospect, OR, is a picturesque community surrounded by the majestic Cascade Mountains and is close to Crater Lake National Park. Known for its charming small-town atmosphere, Prospect provides its residents with an abundance of outdoor activities, a strong community spirit, and access to essential amenities. It's an ideal location for those looking to invest in a tranquil lifestyle surrounded by nature.

Current Market Conditions in Prospect, OR

The real estate market in Prospect is relatively stable, with properties appreciating slowly but steadily due to the area's natural beauty and demand for outdoor activities. The market sees interest primarily from buyers seeking vacation homes or those looking to escape city life.

As more individuals and families are discovering Prospect's charm and lifestyle opportunities, demand is expected to rise, making it a potential hotspot for future investment. Investors should note the growing trend of remote working, which is leading many to seek homes in serene locales like Prospect.

Home Value Estimator For Prospect, OR

There are currently 615 real estate properties in Prospect, OR, with a median automated valuation model (AVM) price of $267,240.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prospect, 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 Prospect, OR, is $309,681.00, with the most expensive house in Prospect, OR, topping out at $2,623,323.00 and the cheapest home in Prospect, OR, clocking in at $30,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Prospect, OR!

Rent Prices In Prospect, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prospect, OR, is on a rollercoaster ride. The average rent price in Prospect, OR, is $1,107.00. Indeed, when looking to rent in Prospect, OR, you can expect to pay as little as $600.00 or as much as $2,600.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Prospect, 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.

Prospect, OR Multi-family Homes


Market Trend for Prospect, OR

Total Listings Available: 1

Market Values:

Home Prices from $30,650 to $2,623,323

Average Sales Price: $309,681

Rental Values:

Rental from $600 to $2,600

Average Rent Value: $1,107 / month

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