Wallowa, OR Foreclosures
How much do homes sell for in Wallowa, OR?
The average home price is currently $413,846.
In Wallowa, OR, how many homes are available?
There are currently 1 active home listings available in Wallowa.
What’s the average rental cost in Wallowa, OR?
The average rental price in Wallowa is $1,140.
What is the most expensive home in Wallowa?
The most expensive home sold in Wallowa had a price of $2,559,272.
What is currently the cheapest priced home in Wallowa, OR?
The cheapest home for sale in Wallowa is priced at $31,236.
Living in Wallowa, OR
Wallowa, Oregon is a small, charming town set in a picturesque valley surrounded by mountains and national forests. It offers a unique blend of outdoor adventure, artistic culture, and a tight-knit community. Perfect for those looking for a peaceful retreat while still enjoying access to essential amenities.
Current Market Conditions in Wallowa, OR
The Wallowa real estate market has shown a steady increase in interest over the past year, driven by its attractiveness as a destination for second homes and retirees. Properties in the area are sought after, particularly those near bodies of water or with expansive mountain views, leading to increased competition among buyers.
As of October 2023, home prices have experienced a modest appreciation compared to last year, reflecting a broader trend in rural areas where people seek more space and tranquility. Sellers are often receiving multiple offers, particularly on homes that are well-maintained and located in prime areas.
Home Value Estimator For Wallowa, OR
There are currently 604 real estate properties
in Wallowa, OR,
with a median automated valuation model (AVM) price
of $308,060.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wallowa, 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 Wallowa, OR,
is $413,846.00, with the most expensive house
in Wallowa, OR, topping out
at $2,559,272.00 and the cheapest home
in Wallowa, OR,
clocking in at $31,236.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wallowa, OR!
Rent Prices
In Wallowa, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wallowa, OR, is on
a rollercoaster ride. The
average rent price in Wallowa, OR,
is $1,140.00. Indeed, when looking to rent in
Wallowa, OR, you can expect to pay as little
as $600.00 or as much
as $2,110.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Wallowa, 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.