Wheeler, OR Foreclosures
How much do homes sell for in Wheeler, OR?
The average home price is currently $493,108.
In Wheeler, OR, how many homes are available?
There are currently 38 active home listings available in Wheeler.
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 $2,690,434.
What is currently the cheapest priced home in Wheeler, OR?
The cheapest home for sale in Wheeler is priced at $41,958.
Living in Wheeler, OR
Wheeler, OR, is a picturesque coastal town known for its small-town charm and stunning natural beauty. Nestled on the Nehalem Bay, this community is perfect for outdoor enthusiasts with various recreational activities available. From its friendly atmosphere to waterfront dining, Wheeler represents the ideal balance of relaxation and adventure.
Current Market Conditions in Wheeler, OR
The real estate market in Wheeler, OR, has shown steady growth over the past year, with an increase in demand for coastal properties. The scenic views and tranquil lifestyle attract homebuyers looking for vacation homes as well as retirees seeking a quieter life. Properties here are generally priced more affordably compared to larger coastal cities, making Wheeler an appealing option for many.
Interest in homes in Wheeler has surged as more people seek remote living options and prioritize smaller communities. This has led to a competitive market, with homes selling quickly, and in many cases, above asking price. Real estate investment is becoming increasingly popular here due to favorable market conditions.
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 $478,179.00. 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 $493,108.00, with the most expensive house
in Wheeler, OR, topping out
at $2,690,434.00 and the cheapest home
in Wheeler, OR,
clocking in at $41,958.00. 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.