While we strive for accuracy, the availability of foreclosure properties listed on our site is not guaranteed due to ever-changing market conditions. We invite you to explore other categories, including pre-foreclosures, offering valuable real estate investment opportunities.
Start by searching for available pre-foreclosure properties in your area. These properties aren't usually listed for sale, which means there's less competition from other buyers. Additionally, pre-foreclosures are often sold below market rate, making them great real estate deals. Don't miss out on this opportunity to get a great deal on a foreclosed property
Lents is a part of Southeast Portland that has been appreciated for its diverse population and affordable houses. This community is taking a notable transformation as it creates new parks, shops, and housing projects. Opportunities provided by Lents foreclosures are excellent for investors who are interested in making profits from the ongoing revival of this locality with increasing property prices.
Cully, one of the biggest neighborhoods in Northeast Portland, has urban and suburban areas. Green areas have been famous here as well as activities put in place by the society to live sustainably. Foreclosure homes in Cully give potential purchasers an opportunity to acquire homes at subsidized prices within neighborhoods that emphasize community growth.
East Portland includes several neighborhoods such as Hazelwood and Mill Park but remains more affordable than other parts of the city. The area comprises varying types of residences including single family dwellings to apartments among others. Investors can find some nice deals associated with foreclosure properties thus having high chances of obtaining substantial returns when the area undertakes further development thus improving its infrastructure.
St Johns, which is located north of downtown, offers residents the feel of a small town along with beautiful views over Willamette River. It consists mainly of older homes mixed with newer developments so it attracts many people looking for special residential options like this one. In St Johns, people could buy foreclosed houses so that they are able to participate in an appealing neighborhood that has a strong sense of self-identity and is gaining popularity.
Montavilla was developed within southeastern Portland into a popular neighborhood featuring numerous outlets, restaurants and cultural events These structures were constructed during different periods; typically from mid 20th century onwards up to present years but when occupied side by side on any street look similar or homogeneous at least until you take a closer look at them then you can see their individual differences. The foreclosure properties in Montavilla are a good bet for buyers seeking to invest in an up and coming vibrant neighborhood with much association among the locals.
These Portland neighborhoods offer opportunities for investment in properties under foreclosure. Every location has its specific taste and growth potential, which makes it ideal for real estate investors or home buyers.
Median Price (12 Mo): $550,000 (unchanged YoY)
Median Single Family Price: $622,900 (slightly down from last month)
Median Townhouse Price: $515,000
Median 2-Bedroom Price: $435,000
Median 1-Bedroom Price: $315,000
Average Price Per Sq Ft: $339
Number of Homes for Sale: 3,649 (up significantly YoY, with a current inventory of 2.8 months)
Last 12 Months Home Sales: Approximately 2,075 (up 8.5% YoY)
Months of Supply: 2.8 months (indicating a move towards a balanced market)
Median List Price: $525,000
Median Discount From 1st List Price: 2.7%
Median Home Sale Price YoY Change: 0%
Foreclosure Rate: 0.9% of total properties, with approximately 300 homes currently in foreclosure.
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