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Foreclosure Homes in Sublimity, OR

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View this home at Ne Magnolia Ave Sublimity OR 97385
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$383,644 EMV
Ne Magnolia Ave
Sublimity, OR 97385
EST. RENT: $2,890
|
AUCTION: 04-03-2024
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Sublimity, OR Foreclosures

How much do homes sell for in Sublimity, OR?
The average home price is currently $505,204.
In Sublimity, OR, how many homes are available?
There are currently 973 active home listings available in Sublimity.
What’s the average rental cost in Sublimity, OR?
The average rental price in Sublimity is $1,615.
What is the most expensive home in Sublimity, Oregon?
The most expensive home sold in Sublimity had a price of $2,406,780.
What is currently the cheapest priced home in Sublimity, OR?
The cheapest home for sale in Sublimity is priced at $133,000.

Home Value Estimator For Sublimity, OR

There are currently 973 real estate properties in Sublimity, OR, with a median automated valuation model (AVM) price of $501,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sublimity, 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 Sublimity, OR, is $505,204.00, with the most expensive house in Sublimity, OR, topping out at $2,406,780.00 and the cheapest home in Sublimity, OR, clocking in at $133,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Sublimity, OR!


Rent Prices In Sublimity, OR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sublimity, OR, is on a rollercoaster ride. The average rent price in Sublimity, OR, is $1,615.00. Indeed, when looking to rent in Sublimity, OR, you can expect to pay as little as $840.00 or as much as $2,790.00, with the average rent median estimated to be $1,670.00. The good news is that finding an affordable and desirable property to rent in Sublimity, 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.


Top Reasons To Live In Sublimity, OR In 2024

Sublimity is located in Marion, Oregon, with an estimated municipal population of 2,772 residents. All of the best foreclosed homes for sale in Sublimity are located in the following zip code areas on Foreclosure.com: 97385. The estimated population per square kilometer (.62 miles) in Sublimity is 1,149.


Cost Of Living In Sublimity, OR

So, about how much do homes cost in Sublimity? The most recent median value of resident-owned homes in Sublimity is 323,356. An estimated 67.5 percent of households in Sublimity own their homes, with an average family size of 3.08. The median household income in Sublimity is 73,977, with30.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sublimity, the median commute time of resident workers (in minutes) is 26. And last, but certainly not least, are you looking for homes to rent in Sublimity? If so, the average rent price paid by renters in Sublimity is 1,153, according to recent statistics.


Diversity And Demographics In Sublimity, 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 Sublimity, 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 Sublimity is 46.5, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Sublimity is 64.7, with an average family size of 3.08.

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

White 91.8%
Black / African American 0%
Asian 2.1%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.5%
Other 2.2%

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

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

Under 10 15%
Aged 10-19 9.8%
20s 6.3%
30s 12.3%
40s 11.5%
50s 12.9%
60s 9.6%
70s 11.7%
80+ 10.8%

Best Schools In Sublimity, 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 Sublimity with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sublimity.


Pros And Cons Of Living In Sublimity, Oregon

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

  • 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 Sublimity.


Reasons To Move To Sublimity, 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 Sublimity can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sublimity, meanwhile, can field multiple offers from more qualified buyers.

Sublimity, OR Foreclosures


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