Foreclosure Homes in Cedar Mill, OR

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Top Reasons To Live In Cedar Mill, OR In 2024

Cedar Mill is located in Washington, Oregon, with an estimated municipal population of 17,659 residents. All of the best foreclosed homes for sale in Cedar Mill are located in the following zip code areas on 97229 97296. The estimated population per square kilometer (.62 miles) in Cedar Mill is 2,048.

Cost Of Living In Cedar Mill, OR

So, about how much do homes cost in Cedar Mill? The most recent median value of resident-owned homes in Cedar Mill is 597,923. An estimated 77.7 percent of households in Cedar Mill own their homes, with an average family size of 3.31. The median household income in Cedar Mill is 145,057, with62.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cedar Mill, the median commute time of resident workers (in minutes) is 24.6. And last, but certainly not least, are you looking for homes to rent in Cedar Mill? If so, the average rent price paid by renters in Cedar Mill is 1,382, according to recent statistics.

Diversity And Demographics In Cedar Mill, Oregon

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 Cedar Mill, 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 Cedar Mill is 40.4, split between 47.2 percent male versus 52.8 female. The percentage of residents who report being married in Cedar Mill is 62.4, with an average family size of 3.31.

The percentage of residents who report their race in Cedar Mill is as follows:

White 73.5%
Black / African American 2.4%
Asian 16.1%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0.3%
Multi-racial 6.3%
Other 1%

Looking for family-friendly neighborhoods in and/or near Cedar Mill? Or maybe you are searching for 55+ active adult communities in and/or near Cedar Mill?

The percentage of residents who report their age in Cedar Mill is as follows:

Under 10 13.2%
Aged 10-19 16.5%
20s 8.2%
30s 11.3%
40s 17.4%
50s 15.1%
60s 10.6%
70s 5.5%
80+ 2.1%

Best Schools In Cedar Mill, Oregon

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 Cedar Mill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cedar Mill.

Pros And Cons Of Living In Cedar Mill, Oregon

How do you know that living in -- or moving to -- Cedar Mill is right where you need to be? Perhaps you grew up in Cedar Mill or already live nearby; therefore, the decision to buy a home in Cedar Mill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cedar Mill 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 Cedar Mill:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cedar Mill.

Reasons To Move To Cedar Mill, Oregon, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cedar Mill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cedar Mill, meanwhile, can field multiple offers from more qualified buyers.

Cedar Mill, OR Foreclosures


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