Moro First-Time Homebuyer Report for October

Moro has a much younger population than other areas in Oregon with a median age of 48 years. It is also affluent with a median income of $47,075 per household. The Moro market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. The top schools in the city are Evergreen Elementary School and Lorna Byrne Middle School.

Price Range

Homes in Moro are generally less expensive than others in the state with a median home value of $103,400 and an average list price of $118,789.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Moro:

$145K   $120K  

Typical Dwelling

A three-bedroom detached home valued around $86,625 is considered a typical dwelling in Moro. If a buyer was looking for a similar home, they would need good credit and a $17,325 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $28 and the property tax rate is $9.63 per $1,000 of taxable assessed value.

Get started right now by checking out Moro homes for sale or reviewing Moro real estate trends.


Data reported through 10/13/2016

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