There are currently 3,441 real estate properties in Cave Junction, OR, with a median automated valuation model (AVM) price of $278,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cave Junction, 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 Cave Junction, OR, is $314,525.00, with the most expensive house in Cave Junction, OR, topping out at $6,438,500.00 and the cheapest home in Cave Junction, OR, clocking in at $14,706.00. In other words, there’s something for every potential homebuyer or savvy investor in Cave Junction, OR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cave Junction, OR, is on a rollercoaster ride. The average rent price in Cave Junction, OR, is $1,207.00. Indeed, when looking to rent in Cave Junction, OR, you can expect to pay as little as $590.00 or as much as $3,600.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Cave Junction, 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.
Cave Junction is located in Josephine, Oregon, with an estimated municipal population of 1,977 residents. All of the best foreclosed homes for sale in Cave Junction are located in the following zip code areas on Foreclosure.com: 97523. The estimated population per square kilometer (.62 miles) in Cave Junction is 422.
So, about how much do homes cost in Cave Junction? The most recent median value of resident-owned homes in Cave Junction is 166,442. An estimated 53.1 percent of households in Cave Junction own their homes, with an average family size of 2.95. The median household income in Cave Junction is 26,250, with9.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cave Junction, the median commute time of resident workers (in minutes) is 14.9. And last, but certainly not least, are you looking for homes to rent in Cave Junction? If so, the average rent price paid by renters in Cave Junction is 874, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cave Junction, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Cave Junction is 41.2, split between 46.1 percent male versus 53.9 female. The percentage of residents who report being married in Cave Junction is 37.5, with an average family size of 2.95.
The percentage of residents who report their race in Cave Junction is as follows:
| White | 95.9% |
| Black / African American | 1% |
| Asian | 2.3% |
| American Indian / Alaskan Native | 0.3% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.4% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Cave Junction? Or maybe you are searching for 55+ active adult communities in and/or near Cave Junction?
The percentage of residents who report their age in Cave Junction is as follows:
| Under 10 | 15.2% |
| Aged 10-19 | 15.7% |
| 20s | 6.9% |
| 30s | 10.5% |
| 40s | 15.4% |
| 50s | 10.8% |
| 60s | 9.4% |
| 70s | 10.1% |
| 80+ | 5.8% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cave Junction with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cave Junction.
How do you know that living in -- or moving to -- Cave Junction is right where you need to be? Perhaps you grew up in Cave Junction or already live nearby; therefore, the decision to buy a home in Cave Junction is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cave Junction for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cave Junction:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cave Junction.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cave Junction can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cave Junction, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.
Video for Foreclosure homes
