Multi-family Foreclosures in Silverton, OR

Current Market Conditions in Silverton, OR

The real estate market in Silverton has demonstrated steady growth over the past year. Home prices have increased, reflecting a strong demand for properties in the area, particularly due to its desirable location near outdoor attractions and a tight-knit community atmosphere. Buyers are drawn to the charm and quality of life Silverton offers, making it a competitive market for home seekers.

Current market trends indicate a preference for single-family homes, with buyers looking for properties that feature outdoor space and proximity to local amenities. Inventory levels fluctuate, but overall, the demand has outpaced supply, leading to a seller's market where homes tend to sell quickly.

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.