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Foreclosure Homes in Wallowa, OR 97885

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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.

Wallowa, OR 97885 Foreclosures


Market Trend for Wallowa, OR

Total Listings Available: 1

Market Values:

Home Prices from $31,236 to $2,559,272

Average Sales Price: $413,846

Rental Values:

Rental from $600 to $2,110

Average Rent Value: $1,140 / month

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