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Preforeclosure Homes in Reedsport, OR

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Reedsport, OR Foreclosures

How much do homes sell for in Reedsport, OR?
The average home price is currently $298,631.
In Reedsport, OR, how many homes are available?
There are currently 3 active home listings available in Reedsport.
What’s the average rental cost in Reedsport, OR?
The average rental price in Reedsport is $1,085.
What is the most expensive home in Reedsport?
The most expensive home sold in Reedsport had a price of $3,624,700.
What is currently the cheapest priced home in Reedsport, OR?
The cheapest home for sale in Reedsport is priced at $22,264.

Living in Reedsport, OR

Reedsport, OR, is a coastal gem nestled by the Umpqua River, offering a relaxed lifestyle amidst stunning natural beauty. With easy access to outdoor activities like hiking and fishing, this charming town has a welcoming community and numerous local amenities. It's an ideal spot for those seeking both adventure and tranquility in a small-town setting.

Current Market Conditions in Reedsport, OR

The real estate market in Reedsport is currently experiencing modest growth with increasing demand for homes, especially among retirees and families looking for a quieter lifestyle. The inventory remains low, leading to competitive offers on desirable properties. As the town continues to gain popularity due to its scenic beauty, the trend towards a more active market is expected to persist.

In recent months, Reedsport has seen an uptick in new construction projects which have added to the revitalization of the neighborhood. Investors are also showing interest in the potential of the area, mostly due to its appeal for vacation rentals and second homes. The price trends suggest a balanced market where buyers and sellers are starting to find common ground.

Home Value Estimator For Reedsport, OR

There are currently 2,321 real estate properties in Reedsport, OR, with a median automated valuation model (AVM) price of $286,855.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reedsport, 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 Reedsport, OR, is $298,631.00, with the most expensive house in Reedsport, OR, topping out at $3,624,700.00 and the cheapest home in Reedsport, OR, clocking in at $22,264.00. In other words, there’s something for every potential homebuyer or savvy investor in Reedsport, OR!

Rent Prices In Reedsport, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reedsport, OR, is on a rollercoaster ride. The average rent price in Reedsport, OR, is $1,085.00. Indeed, when looking to rent in Reedsport, OR, you can expect to pay as little as $570.00 or as much as $2,080.00, with the average rent median estimated to be $1,080.00. The good news is that finding an affordable and desirable property to rent in Reedsport, 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.

Reedsport, OR Preforeclosure Homes


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