Sprague River, OR Foreclosures
How much do homes sell for in Sprague River, OR?
The average home price is currently $283,930.
In Sprague River, OR, how many homes are available?
There are currently 3 active home listings available in Sprague River.
What’s the average rental cost in Sprague River, OR?
The average rental price in Sprague River is $965.
What is the most expensive home in Sprague River?
The most expensive home sold in Sprague River had a price of $6,339,792.
What is currently the cheapest priced home in Sprague River, OR?
The cheapest home for sale in Sprague River is priced at $14,398.
Living in Sprague River, OR
Sprague River, OR is a serene and picturesque community designed for nature lovers and those seeking a tranquil lifestyle. Known for its proximity to natural attractions, residents enjoy year-round outdoor activities in a peaceful environment. With essential amenities nearby, Sprague River offers a unique combination of relaxation and convenience.
Current Market Conditions in Sprague River, OR
The real estate market in Sprague River has remained stable, with moderate price appreciation observed in recent months due to the area's growing popularity among retirees and outdoors enthusiasts. Homes are selling quicker than in the past, indicative of rising demand. Investors are beginning to explore the region due to its beautiful landscapes and affordable properties, which may drive future growth in home values.
Over the past month, inventory levels have slightly decreased, leading to more competition among buyers. Sellers are receiving multiple offers, especially on well-maintained properties close to the river or with larger land lots.
Home Value Estimator For Sprague River, OR
There are currently 193 real estate properties
in Sprague River, OR,
with a median automated valuation model (AVM) price
of $187,194.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sprague River, 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 Sprague River, OR,
is $283,930.00, with the most expensive house
in Sprague River, OR, topping out
at $6,339,792.00 and the cheapest home
in Sprague River, OR,
clocking in at $14,398.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sprague River, OR!
Rent Prices
In Sprague River, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sprague River, OR, is on
a rollercoaster ride. The
average rent price in Sprague River, OR,
is $965.00. Indeed, when looking to rent in
Sprague River, OR, you can expect to pay as little
as $570.00 or as much
as $1,510.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Sprague River, 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
