If you had acreage real estate to sell in Marion County Oregon last year, your odds of selling were higher than acreage homes close in to Salem and Keizer, 50.67% compared to 36. %. Marion county includes property in places like Turner, Silverton, parts of Stayton, Aumsville, Jefferson and parts of Woodburn.
The average market time was 190 days for the properties that sold, or 6.3 months. September saw a huge increase in market time, similar to acreage homes in Salem and Keizer, with 260 days on market. There was a total of 151 acreage homes sold last year, not bad. Median market price was $299,366, no doubt the USDA Rural Housing program had something to do with this. It is one of the few zero down programs left, but properties have to be located in designated areas to qualify for the program, among other criteria.
If you would like to get your acreage home sold this year, let’s talk!