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Preforeclosure Homes in Westfir, OR 97492

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Living in Westfir, OR

Westfir, Oregon, is a picturesque small town nestled in the Willamette Valley, known for its scenic beauty and outdoor recreational opportunities. With a friendly community atmosphere and close proximity to larger cities, it offers a perfect blend of rural charm and urban convenience. Residents can enjoy a peaceful lifestyle while having access to various amenities and activities.

Current Market Conditions in Westfir, OR

The real estate market in Westfir is currently stable, with a growing interest from buyers looking for vacation homes and retirees seeking a tranquil place to live. The demand for properties has led to a modest increase in home prices, particularly for those with scenic views or larger land plots.

Investors in Westfir can find opportunities in both residential and rental properties, as the area continues to attract visitors year-round. The potential for growth in home values, combined with the area's stunning natural surroundings, makes it a prime location for real estate investment.

Home Value Estimator For Westfir, OR

There are currently 267 real estate properties in Westfir, OR, with a median automated valuation model (AVM) price of $325,294.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Westfir, 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 Westfir, OR, is $351,609.00, with the most expensive house in Westfir, OR, topping out at $5,085,600.00 and the cheapest home in Westfir, OR, clocking in at $37,721.00. In other words, there’s something for every potential homebuyer or savvy investor in Westfir, OR!

Rent Prices In Westfir, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westfir, OR, is on a rollercoaster ride. The average rent price in Westfir, OR, is $1,209.00. Indeed, when looking to rent in Westfir, OR, you can expect to pay as little as $720.00 or as much as $1,920.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Westfir, 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.

Westfir, OR 97492 Preforeclosure Homes


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