Siletz, OR Foreclosures
How much do homes sell for in Siletz, OR?
The average home price is currently $447,497.
What’s the average rental cost in Siletz, OR?
The average rental price in Siletz is $1,209.
What is the most expensive home in Siletz?
The most expensive home sold in Siletz had a price of $4,706,094.
What is currently the cheapest priced home in Siletz, OR?
The cheapest home for sale in Siletz is priced at $22,002.
Living in Siletz, OR
Siletz, Oregon, is a quaint community that stands out for its deep Native American heritage and peaceful rural lifestyle. With an abundance of outdoor recreational opportunities and essential amenities, it's an excellent place for those seeking tranquility and scenic beauty. Local schools provide a robust educational experience, making it suitable for families.
Current Market Conditions in Siletz, OR
The real estate market in Siletz has been relatively stable over recent months, with a slight increase in the number of homes being sold. Buyers are attracted to the area's natural beauty and affordability compared to nearby coastal cities. As a result, prices have seen mild appreciation, reflecting a steady interest in the Siletz market, particularly from those looking for vacation homes or investment properties.
Siletz continues to experience a demand for housing, particularly among families and retirees. The availability of land for new construction is favorable, and the community's cultural attributes make it particularly appealing. While inventory levels remain moderate, the trend points towards a healthy market with potential for further growth. Demand is fueled by buyers looking for a peaceful lifestyle, underscored by the area's cultural significance and outdoor activities.
Home Value Estimator For Siletz, OR
There are currently 954 real estate properties
in Siletz, OR,
with a median automated valuation model (AVM) price
of $368,893.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Siletz, 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 Siletz, OR,
is $447,497.00, with the most expensive house
in Siletz, OR, topping out
at $4,706,094.00 and the cheapest home
in Siletz, OR,
clocking in at $22,002.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Siletz, OR!
Rent Prices
In Siletz, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Siletz, OR, is on
a rollercoaster ride. The
average rent price in Siletz, OR,
is $1,209.00. Indeed, when looking to rent in
Siletz, OR, you can expect to pay as little
as $550.00 or as much
as $2,860.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Siletz, 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.
Learn more on Foreclosure homes
