Multi-family Foreclosures in Selma, OR

Current Market Conditions in Selma, OR

The real estate market in Selma, OR, has been experiencing steady growth over the past year. Homes are in demand, and prices have shown an upward trend as more people are seeking the benefits of rural living with close proximity to nature and outdoor activities. The market is attractive to both buyers and investors due to its affordability compared to metropolitan areas in Oregon.

In the past month, there has been a slight increase in home sales, indicating a vibrant market ready for potential buyers. The average time homes are spending on the market has decreased, suggesting that buyers are making quick decisions. The appeal of Selma’s natural surroundings and community feel continue to attract interest from prospective homeowners.

Rent Prices In Selma, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Selma, OR, is on a rollercoaster ride. The average rent price in Selma, OR, is $1,194.00. Indeed, when looking to rent in Selma, OR, you can expect to pay as little as $620.00 or as much as $2,300.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Selma, 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.