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Preforeclosure Homes in Wheeler, OR

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Living in Wheeler, OR

Wheeler, Oregon is a serene waterfront town located along the beautiful Nehalem River. Known for its stunning natural scenery and outdoor recreation opportunities, the town offers a laid-back lifestyle perfect for those seeking peace away from the hustle and bustle. The friendly community and local amenities provide residents with everything they need for a comfortable living experience.

Current Market Conditions in Wheeler, OR

The real estate market in Wheeler has been showing promising growth, with a steady increase in property values as more buyers are discovering the charm of this coastal town. The market appeals to both vacation home buyers and permanent residents seeking a tranquil lifestyle.

As of late 2023, there is a moderate demand for homes, with a limited inventory spurring favorable conditions for sellers. Properties near the waterfront tend to attract more interest, leading to quicker sales and higher price points.

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 $480,226.00. 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 $496,580.00, with the most expensive house in Wheeler, OR, topping out at $2,715,660.00 and the cheapest home in Wheeler, OR, clocking in at $42,352.00. 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.

Wheeler, OR Preforeclosure Homes


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