Wheeler, OR Foreclosures
How much do homes sell for in Wheeler, OR?
The average home price is currently $492,481.
What’s the average rental cost in Wheeler, OR?
The average rental price in Wheeler is $1,257.
What is the most expensive home in Wheeler?
The most expensive home sold in Wheeler had a price of $2,664,549.
What is currently the cheapest priced home in Wheeler, OR?
The cheapest home for sale in Wheeler is priced at $41,554.
Living in Wheeler, OR
Wheeler, Oregon, is a quaint coastal town nestled by the Nehalem River and is known for its beautiful natural surroundings and relaxed atmosphere. Perfect for outdoor enthusiasts, Wheeler offers activities such as fishing, kayaking, and beach walks. With a close-knit community vibe and nearby amenities, it's a peaceful retreat on the Oregon Coast.
Current Market Conditions in Wheeler, OR
The real estate market in Wheeler, OR, currently reflects a strong interest in coastal properties, particularly for vacation homes and retirement residences. The market has seen an uptick in demand due to its scenic beauty and small-town charm, resulting in a variety of homes on the market that cater to different budgets and preferences.
As of late 2023, the demand for homes in Wheeler has led to a competitive market, with an increase in property values driven by an influx of buyers seeking vacation rentals and second homes. People are attracted to the lifestyle that offers both tranquility and access to nature, causing a notable rise in purchase activity and price appreciation.
Home Value Estimator For Wheeler, OR
There are currently 235 real estate properties
in Wheeler, OR,
with a median automated valuation model (AVM) price
of $471,393.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wheeler, 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 Wheeler, OR,
is $492,481.00, with the most expensive house
in Wheeler, OR, topping out
at $2,664,549.00 and the cheapest home
in Wheeler, OR,
clocking in at $41,554.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wheeler, OR!
Rent Prices
In Wheeler, OR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wheeler, OR, is on
a rollercoaster ride. The
average rent price in Wheeler, OR,
is $1,257.00. Indeed, when looking to rent in
Wheeler, OR, you can expect to pay as little
as $770.00 or as much
as $2,080.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Wheeler, 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
