Timber, OR Foreclosures
How much do homes sell for in Timber, OR?
The average home price is currently $410,596.
In Timber, OR, how many homes are available?
There are currently 758 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 $755,875.
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, Oregon is a peaceful unincorporated community surrounded by natural beauty and outdoor recreational opportunities. It's a perfect retreat for individuals and families seeking a quieter lifestyle with a strong sense of community, while still being just a short drive away from urban amenities.
Current Market Conditions in Timber, OR
The real estate market in Timber, OR has remained fairly stable over the past month, with no significant fluctuations in property values. Homebuying activity has seen a steady interest with the scenic attributes of the area appealing to buyers looking for more space and natural surroundings. Although the market is generally slow compared to urban areas, there are signs of gradual increases in buyer interest, particularly for homes with larger lots that offer more privacy and outdoor space.
Over the past year, Timber's real estate market has shown modest growth, with an increase in demand for homes due to the ongoing trend of remote work and people relocating from more congested urban areas. Prices have appreciated slowly, reflecting the community’s charm and the value of its outdoor lifestyle. Listings tend to be snapped up quickly, especially those that come equipped with amenities or scenic views.
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 $411,374.00. 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 $410,596.00, with the most expensive house
in Timber, OR, topping out
at $755,875.00 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.
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