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Foreclosures in Redmond, OR

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Living in Redmond, OR

Redmond, Oregon is a charming city in Central Oregon, offering a blend of outdoor adventure and suburban comfort. With numerous recreational activities and amenities, it's an ideal location for families and individuals. The well-rated school district and close-knit community add to its appeal.

Current Market Conditions in Redmond, OR

The current real estate market in Redmond is witnessing strong demand, driven by an influx of new residents drawn to the city's natural beauty and quality of life. The median home prices have shown consistent growth, indicating a healthy appreciation potential for investors.

In recent years, property developments have increased, and there is a growing interest in new housing projects, projected to accommodate the expanding population. This trend points towards a favorable environment for real estate investment in the near future.

Home Value Estimator For Redmond, OR

There are currently 17,972 real estate properties in Redmond, OR, with a median automated valuation model (AVM) price of $509,124.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Redmond, 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 Redmond, OR, is $599,589.00, with the most expensive house in Redmond, OR, topping out at $22,683,684.00 and the cheapest home in Redmond, OR, clocking in at $21,541.00. In other words, there’s something for every potential homebuyer or savvy investor in Redmond, OR!

Rent Prices In Redmond, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Redmond, OR, is on a rollercoaster ride. The average rent price in Redmond, OR, is $1,348.00. Indeed, when looking to rent in Redmond, OR, you can expect to pay as little as $680.00 or as much as $3,360.00, 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 Redmond, 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.

Redmond, OR Foreclosures


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