Westlake, OR Home Values & Market Trends

Real estate market trends reflect that there have been 12 transactions over the past year in Westlake. The median value for residential home transactions that occurred over the previous year is $437,353.5. The number of current listings in Westlake is 1, and the percentage of properties for sale in the city is 1.00%. Westlake, OR currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Westlake, OR Real Estate Market Overview

ZipMedian Est. Value
97493

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Housing Market Summary for Westlake, OR

Mar 2023February 2024Change
Median Listing Price$665.5K$306.6K-53.92%
Median Sold Price$370K$306.6K-17.12%
Homes For Sale21-50.00%
Homes Sold65-16.67%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Westlake, OR

Westlake home values range from $100,770 to $2,659,796. The median estimated value of a home in Westlake is $437,353.5. The median list price of a home is 486,000, and the total count of properties in the city is 227.

Foreclosure
There is 1 zips within Westlake, OR; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Westlake, OR with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Westlake, OR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Westlake, OR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Westlake, OR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Westlake, OR. There is 1 zips within Westlake, OR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Westlake, OR. Auction homes and other auction properties account for 0% of all properties in Westlake, OR. There is 1 zips within Westlake, OR; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Westlake, OR with 97493 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Westlake, OR; homes for sale in that zips, have a range of median values from $0 in 97493 to the lowest value of $0 in 97493.
    Sold Homes
    The median value for recently sold homes ranges from $1,165,440 in 97493 to the lowest price of $295,789 in 97493. There is 1 zips within Westlake, OR. 97493 has 4 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.76% of properties in Westlake, OR.

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      Guide for Westlake, OR

      Home Buying Guides & Tips
      Oregon Foreclosure Laws
      Investment Financing
      How to Decide How Much To Spend On Your First Home
      Wholesale
      What Is a Zombie Property?
      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      See More Articles
      Oregon Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Oregon Foreclosure Laws

      How to Decide How Much To Spend On Your First Home
      Investment Financing|posted 18 March 2024

      Learn about the 28% rule, expert tips, and budgeting strategies to ensure you spend wisely on your dream home.

      What Is a Zombie Property?
      Wholesale|posted 14 March 2024

      Learn what a Zombie property is and how to avoid your home becoming one.

      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      Recently Listed Homes Westlake, OR

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