There are currently 3,148 real estate properties in Terrebonne, OR, with a median automated valuation model (AVM) price of $436,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Terrebonne, 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 Terrebonne, OR, is $482,791.00, with the most expensive house in Terrebonne, OR, topping out at $4,118,000.00 and the cheapest home in Terrebonne, OR, clocking in at $126,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Terrebonne, OR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Terrebonne, OR, is on a rollercoaster ride. The average rent price in Terrebonne, OR, is $1,397.00. Indeed, when looking to rent in Terrebonne, OR, you can expect to pay as little as $710.00 or as much as $3,060.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Terrebonne, 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 Terrebonne, OR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Terrebonne, OR and much more. Save thousands at closing with home foreclosure listings in Terrebonne, OR — up to 75% off market value!
Terrebonne is located in Deschutes, Oregon, with an estimated municipal population of 1,658 residents. All of the best foreclosed homes for sale in Terrebonne are located in the following zip code areas on Foreclosure.com: 97760. The estimated population per square kilometer (.62 miles) in Terrebonne is 630.
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 Terrebonne, 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 Terrebonne is 39.6, split between 45.2 percent male versus 54.8 female. The percentage of residents who report being married in Terrebonne is 63.8, with an average family size of 2.81.
The percentage of residents who report their race in Terrebonne is as follows:
|Black / African American||0%|
|American Indian / Alaskan Native||4.9%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Terrebonne? Or maybe you are searching for 55+ active adult communities in and/or near Terrebonne?
The percentage of residents who report their age in Terrebonne 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 Terrebonne with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Terrebonne.
How do you know that living in -- or moving to -- Terrebonne is right where you need to be? Perhaps you grew up in Terrebonne or already live nearby; therefore, the decision to buy a home in Terrebonne is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Terrebonne 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 Terrebonne:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Terrebonne.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Terrebonne can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Terrebonne, meanwhile, can field multiple offers from more qualified buyers.
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