Foreclosure Homes in Woodburn, OR

Current Market Conditions in Woodburn, OR

The real estate market in Woodburn has seen a consistent rise in property values, driven by an increase in demand from buyers seeking affordable housing options in the Willamette Valley. The median home price has increased by approximately 12% over the past year, making it an appealing market for both first-time homebuyers and investors looking for solid returns.

In recent months, Woodburn's market has remained competitive amid tight inventory conditions. Homes in desirable neighborhoods are seeing multiple offers, while properties in need of renovation are attracting attention from investors looking to capitalize on the area's growth potential.

Rent Prices In Woodburn, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Woodburn, OR, is on a rollercoaster ride. The average rent price in Woodburn, OR, is $1,310.00. Indeed, when looking to rent in Woodburn, OR, you can expect to pay as little as $700.00 or as much as $3,020.00, with the average rent median estimated to be $1,260.00. The good news is that finding an affordable and desirable property to rent in Woodburn, 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.