Rainier, OR Foreclosures
How much do homes sell for in Rainier, OR?
The average home price is currently $416,393.
In Rainier, OR, how many homes are available?
There are currently 1 active home listings available in Rainier.
What’s the average rental cost in Rainier, OR?
The average rental price in Rainier is $1,226.
What is the most expensive home in Rainier?
The most expensive home sold in Rainier had a price of $6,218,729.
What is currently the cheapest priced home in Rainier, OR?
The cheapest home for sale in Rainier is priced at $33,695.
Living in Rainier, OR
Rainier, Oregon, is a quaint riverside town perfect for those seeking a peaceful lifestyle amidst stunning natural beauty. With its charming community, various outdoor activities, and accessibility to Portland, it offers an excellent balance between tranquility and convenience. The town is known for its strong sense of community and commitment to preserving the beauty of its surroundings.
Current Market Conditions in Rainier, OR
The real estate market in Rainier is currently experiencing moderate activity, with homes priced within a range that appeals to both first-time buyers and those looking to downsize. The demand for spacious properties with outdoor space has increased, reflecting a national trend towards seeking homes with more land and outdoor amenities. As of now, the market is stable, with homes typically selling within a reasonable timeframe, though more desirable properties may attract multiple offers.
Recent months have shown a steady interest in real estate, with a slight uptick in home values. This trend can be attributed to the ongoing appeal of rural living, coupled with the ease of access to larger urban centers. Overall, Rainier remains an attractive destination for homebuyers looking for affordable pricing compared to urban areas.
Home Value Estimator For Rainier, OR
There are currently 2,823 real estate properties
in Rainier, OR,
with a median automated valuation model (AVM) price
of $382,788.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rainier, 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 Rainier, OR,
is $416,393.00, with the most expensive house
in Rainier, OR, topping out
at $6,218,729.00 and the cheapest home
in Rainier, OR,
clocking in at $33,695.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rainier, OR!
Rent Prices
In Rainier, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rainier, OR, is on
a rollercoaster ride. The
average rent price in Rainier, OR,
is $1,226.00. Indeed, when looking to rent in
Rainier, OR, you can expect to pay as little
as $670.00 or as much
as $2,620.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Rainier, 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.