Westlake, OR Foreclosures
How much do homes sell for in Westlake, OR?
The average home price is currently $436,740.
In Westlake, OR, how many homes are available?
There are currently 504 active home listings available in Westlake.
What’s the average rental cost in Westlake, OR?
The average rental price in Westlake is $1,195.
What is the most expensive home in Westlake?
The most expensive home sold in Westlake had a price of $1,552,800.
What is currently the cheapest priced home in Westlake, OR?
The cheapest home for sale in Westlake is priced at $28,887.
Living in Westlake, OR
Nestled in the lush scenery of Lincoln County, Westlake, OR, combines the beauty of nature with a tight-knit community atmosphere. With easy access to outdoor activities and essential amenities, it offers a serene lifestyle perfect for families and retirees alike. Its proximity to larger cities provides diverse options while maintaining the charm of small-town living.
Current Market Conditions in Westlake, OR
Currently, Westlake's real estate market is experiencing a steady demand, with property values showing a gradual increase over the past few months. With the area's stunning natural beauty and appealing lifestyle, it attracts both local buyers and those looking for vacation homes, contributing to the overall market growth.
As the community continues to develop while preserving its natural charm, more amenities are being introduced, along with increased interest in housing development. This trend indicates a positive trajectory for the Westlake real estate market over the next several years.
Home Value Estimator For Westlake, OR
There are currently 263 real estate properties
in Westlake, OR,
with a median automated valuation model (AVM) price
of $385,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Westlake, 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 Westlake, OR,
is $436,740.00, with the most expensive house
in Westlake, OR, topping out
at $1,552,800.00 and the cheapest home
in Westlake, OR,
clocking in at $28,887.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Westlake, OR!
Rent Prices
In Westlake, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Westlake, OR, is on
a rollercoaster ride. The
average rent price in Westlake, OR,
is $1,195.00. Indeed, when looking to rent in
Westlake, OR, you can expect to pay as little
as $700.00 or as much
as $2,460.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Westlake, 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.
Learn more on Foreclosure homes
