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Short Sale Listings in Siletz, OR 97380

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Living in Siletz, OR

Siletz, Oregon is a serene small town known for its proximity to nature and rich cultural heritage. Surrounded by forests and the Siletz River, it offers a peaceful lifestyle ideal for outdoor activities. With a strong sense of community and essential amenities, Siletz is perfect for those seeking a relaxed pace of life.

Current Market Conditions in Siletz, OR

The Siletz real estate market has seen a steady increase in property values over the last few years, largely due to the area's appeal for rural living and outdoor activities. There has been a growing trend of families and retirees looking to relocate to Siletz for its peaceful environment and community-oriented lifestyle.

Currently, the market is characterized by a limited inventory of homes which has increased buyer competition, particularly for family homes and properties that offer land. This has allowed sellers to command higher prices, with many listings receiving multiple offers.

Home Value Estimator For Siletz, OR

There are currently 793 real estate properties in Siletz, OR, with a median automated valuation model (AVM) price of $350,052.00. 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 $418,888.00, with the most expensive house in Siletz, OR, topping out at $4,998,114.00 and the cheapest home in Siletz, OR, clocking in at $22,178.00. 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 $1,210.00. 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.

Siletz, OR 97380 Short Sale Listings

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