Timber, OR Foreclosures
How much do homes sell for in Timber, OR?
The average home price is currently $404,682.
In Timber, OR, how many homes are available?
There are currently 760 active home listings available in Timber.
What’s the average rental cost in Timber, OR?
The average rental price in Timber is $1,208.
What is the most expensive home in Timber?
The most expensive home sold in Timber had a price of $753,823.
What is currently the cheapest priced home in Timber, OR?
The cheapest home for sale in Timber is priced at $17,393.
Living in Timber, OR
Timber, OR, is a charming rural community surrounded by the natural beauty of Oregon's forests. Ideal for outdoor enthusiasts, it offers a variety of recreational activities such as hiking and fishing. With its serene environment, it appeals to families looking for a peaceful retreat while remaining conveniently close to urban amenities.
Current Market Conditions in Timber, OR
The real estate market in Timber has shown signs of stability over the past year, with home prices steadily increasing as demand for rural properties rises. There has been a notable interest in the area from buyers seeking refuge from populous urban areas, drawn by Timber’s natural surroundings and community vibe.
Recently, there has been a trend of increasing home values as more buyers look for properties with more land and access to outdoor activities. Although the inventory remains limited, homes in this area are receiving multiple offers, suggesting a competitive market.
Home Value Estimator For Timber, OR
There are currently 79 real estate properties
in Timber, OR,
with a median automated valuation model (AVM) price
of $408,118.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Timber, 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 Timber, OR,
is $404,682.00, with the most expensive house
in Timber, OR, topping out
at $753,823.00 and the cheapest home
in Timber, OR,
clocking in at $17,393.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Timber, OR!
Rent Prices
In Timber, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Timber, OR, is on
a rollercoaster ride. The
average rent price in Timber, OR,
is $1,208.00. Indeed, when looking to rent in
Timber, OR, you can expect to pay as little
as $720.00 or as much
as $1,900.00,
with the average rent median estimated to
be $1,230.00. The good news is that finding
an affordable and desirable property to rent in Timber, 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
