Homes For Sale in Friendly Area, Eugene, OR
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The Friendly Area Neighborhood in Eugene, Oregon truly lives up to its name. This charming neighborhood embodies the spirit of Eugene and offers a diverse mix of architectural styles and personal expressions. The majority of the area features flat terrain, with hills beginning to rise as you head south, adding a scenic touch to the landscape. One of the highlights of the Friendly Area Neighborhood is the local market situated right within the community: The Friendly Street Market. This market serves as a gathering place for residents, offering a convenient and friendly spot to shop for everyday needs and local products.
What about Frendly Area Real Estate Market? The median price for homes in this neighborhood is $520,564. That makes it more expensive than 62.5% of neighborhoods in Oregon and 75.0% of neighborhoods across the entire United States. Friendly North offers a higher-end real estate market compared to many other areas. If you’re considering renting in Friendly North, the average rental price is currently $2,703. This puts it higher than 81.6% of neighborhoods in Oregon. While it may not be the most affordable rental option in the state, it presents a range of choices for those seeking a rental property in this desirable neighborhood.
The real estate landscape in Friendly Area is predominantly composed of medium-sized single-family homes, ranging from three to four bedrooms, as well as smaller options like studios and two-bedroom residences. Additionally, the neighborhood encompasses small apartment buildings, offering a variety of housing choices for residents. One of the distinguishing features of Friendly North is its dynamic mix of homeowners and renters, fostering a lively and diverse community.
Many of the residences in Friendly Area have a touch of history, as they were built between 1940 and 1969. These older, well-established homes add a sense of charm and character to the neighborhood. Additionally, you’ll find homes built between 1970 and 1999, showcasing a range of architectural styles and options.
With a low vacancy rate of 1.8%, which is lower than 88.7% of neighborhoods in the United States, Friendly Area experiences high demand for housing. This indicates that the housing supply is limited compared to the demand, creating a competitive market for properties in the area. So, if you’re interest to an urban setting, diverse housing choices, and the allure of a tight housing market, this area presents an intriguing neighborhood to consider for your next home.