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Cedar Mill, Oregon Average Home Sizes and Asking Prices
| Updated On: May 19, 2012 |
| Sold Price History in 97229 |
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Homes for Sale in Cedar Mill
Cedar Mill Real Estate & Homes for Sale in Oregon
Covering 4 square miles with a residential population of about 14,500, the census-designated place of Cedar Mill began as a logging and lumbering community in the mid-1800s. Cedar Mill is located in Washington County just 15 minutes from Portland, 10 minutes from Beaverton, and about 25 minutes from Vancouver, Washington. Neighboring communities include the city of Beaverton, Cedar Hills, West Haven-Sylvan, Northwest Heights, Bethany, and Oak Hills.
Since residents are a part of the Portland-Vancouver-Beaverton metropolitan region, they have many options when it comes to education, recreation, and the job market. That's not to say that Cedar Mill doesn't provide for its citizens. Students are under the tutelage of the Beaverton School District as well as a number of well-renowned local colleges and universities, including the University of Portland and Portland State University. The agriculture industry still serves as an economic stronghold for Cedar Mills; however, residents may also choose to commute to Portland and throughout Washington County for work especially since Washington County is home to several well-known companies such as Nike, Columbia Sportswear, and IBM's Linux Technology Centers. Several recreational areas and parks are also within a short driving distance from Cedar Mill with many of the area's parks, recreation centers and programs being run by the Tualatin Hills Park & Recreation District. | Cedar Mill City Guide |
Cedar Mill Real Estate Market: Price Range for Cedar Mill Homes for Sale
Listings for single-family homes dominate the real estate market in Cedar Mill, with prices ranging between the low $210,000s and $825,000. Current average listing prices for homes run at approximately $370,000. Future homeowners can expect to find ranch-style residences complete with picket fences and generous amounts of land, custom-built Victorian style homes, and traditional styled properties. Many of Cedar Mill's homes can be found in new home subdivisions as well as planned and gated neighborhoods.
Cedar Mill Real Estate Stats and Trends for the week of May 14th, 2012: homes priced around $470,627 compared to $463,740 the previous week, showing a increase of more than +1%. For Saturday, May 19th, the current national mortgage rate for a 30 year fixed mortgage is 3.73%; the 15 year fixed rate is at 3.03%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.39%, while the 15 year jumbo rate currently is at 3.60%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Cedar Mill OR. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Cedar Mill to help you find the best home! |