Foreclosures in Silverton, OR

Current Market Conditions in Silverton, OR

The real estate market in Silverton, OR has shown significant resilience and growth over the past few years. Current trends indicate an increasing demand for housing, especially single-family homes, which are attracting diverse buyers including families and retirees. As more individuals seek to escape urban living for a quieter lifestyle, inventory remains lower than desired, keeping prices elevated.

Rental properties are also in high demand, driven by the influx of people moving to the area for its natural beauty and quality of life. Specific neighborhoods like the Historic Silverton District have seen notable appreciation, while newer developments cater to those looking for modern amenities.

Rent Prices In Silverton, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Silverton, OR, is on a rollercoaster ride. The average rent price in Silverton, OR, is $1,319.00. Indeed, when looking to rent in Silverton, OR, you can expect to pay as little as $720.00 or as much as $2,600.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Silverton, 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.