The median sales price for acreage homes around Polk County in Oregon increased considerably in February of 2013 over the same time period last year. In February 2012, the median sales price was just $164,827 vs. $240,000 this February. It did take sellers longer to get their offers and close, an average of 113 days, vs. just 46 last February.
With the low interest rates and sudden rise in property values, buyers are scrambling to purchase their country dream properties before values reach the peaks they saw in 2007.
If you are ready to start the buying process of acreage real estate, schedule your free consultation today.