There are currently 20,382 real estate properties in Milwaukie, OR, with a median automated valuation model (AVM) price of $484,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Milwaukie, 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 Milwaukie, OR, is $497,648.00, with the most expensive house in Milwaukie, OR, topping out at $3,470,600.00 and the cheapest home in Milwaukie, OR, clocking in at $29,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Milwaukie, OR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Milwaukie, OR, is on a rollercoaster ride. The average rent price in Milwaukie, OR, is $1,448.00. Indeed, when looking to rent in Milwaukie, OR, you can expect to pay as little as $660.00 or as much as $3,480.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Milwaukie, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Milwaukie, OR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Milwaukie, OR and much more. Save thousands at closing with home foreclosure listings in Milwaukie, OR — up to 75% off market value!
Milwaukie is located in Clackamas, Oregon, with an estimated municipal population of 20,990 residents. All of the best foreclosed homes for sale in Milwaukie are located in the following zip code areas on Foreclosure.com: 97222 97269. The estimated population per square kilometer (.62 miles) in Milwaukie is 1,653.
So, about how much do homes cost in Milwaukie? The most recent median value of resident-owned homes in Milwaukie is 323,390. An estimated 58.8 percent of households in Milwaukie own their homes, with an average family size of 2.84. The median household income in Milwaukie is 61,902, with27.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Milwaukie, the median commute time of resident workers (in minutes) is 27. And last, but certainly not least, are you looking for homes to rent in Milwaukie? If so, the average rent price paid by renters in Milwaukie is 1,173, 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 Milwaukie, 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 Milwaukie is 39.8, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Milwaukie is 43.6, with an average family size of 2.84.
The percentage of residents who report their race in Milwaukie is as follows:
|Black / African American||1%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0.2%|
Looking for family-friendly neighborhoods in and/or near Milwaukie? Or maybe you are searching for 55+ active adult communities in and/or near Milwaukie?
The percentage of residents who report their age in Milwaukie is as follows:
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 Milwaukie with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Milwaukie.
How do you know that living in -- or moving to -- Milwaukie is right where you need to be? Perhaps you grew up in Milwaukie or already live nearby; therefore, the decision to buy a home in Milwaukie is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Milwaukie 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 Milwaukie:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Milwaukie.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Milwaukie can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Milwaukie, meanwhile, can field multiple offers from more qualified buyers.