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Preforeclosure Homes in Umpqua, OR

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Living in Umpqua, OR

Umpqua, OR is a tranquil community set along the Umpqua River, surrounded by natural beauty and outdoor activity options. Known for its friendly environment, it is perfect for families and retirees who appreciate a slower pace of life. The area offers recreational opportunities and a sense of community, making it an attractive place to live.

Current Market Conditions in Umpqua, OR

The real estate market in Umpqua has seen a stable trend in recent months, with a balanced supply of homes and buyer demand. Homes are available at various price points, making it attractive for both first-time buyers and investors looking for rental opportunities.

In recent months, property values have shown slight increases due to the area's scenic appeal and growing interest in rural living. This trend is expected to continue as more people look for homes outside of urban areas.

Home Value Estimator For Umpqua, OR

There are currently 330 real estate properties in Umpqua, OR, with a median automated valuation model (AVM) price of $351,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Umpqua, 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 Umpqua, OR, is $378,109.00, with the most expensive house in Umpqua, OR, topping out at $1,300,863.00 and the cheapest home in Umpqua, OR, clocking in at $78,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Umpqua, OR!

Rent Prices In Umpqua, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Umpqua, OR, is on a rollercoaster ride. The average rent price in Umpqua, OR, is $1,098.00. Indeed, when looking to rent in Umpqua, OR, you can expect to pay as little as $640.00 or as much as $1,810.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Umpqua, 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.

Umpqua, OR Preforeclosure Homes


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