Fossil, OR

Fossil is a small town located in the Columbia River Gorge. The population is just over 2,000 people and the median age is just over 40 years old. Fossil was founded in 1883 and it has been a lumber town ever since. In the early 1900s, Fossil became known for its coal mining operations. However, with the closure of the mines in the 1980s, Fossil began to experience a decline in its economy.

Today, Fossil is primarily known for its real estate market. The town has a variety of housing options available, from single-family homes to apartments and condos. There are also a number of commercial properties available for sale or lease. The average home price in Fossil is just under $300,000.

The real estate market in Fossil has been experiencing steady growth over the past few years. This is likely due to several factors: 1) the strong economy nationwide; 2) low interest rates; and 3) high demand for housing stock due to population growth and an influx of new residents into the area.

There are several factors that prospective home buyers should keep in mind when shopping for property in Fossil: 1) access to amenities – whether this includes schools, shopping centers, or recreational facilities; 2) commute time – how far it takes you to get to work; 3) crime rates – how safe your neighborhood feels; 4) weather conditions – what kind of climate you can expect year-round; 5) property taxes – how much you will be paying each year; 6) availability of financing – whether you can qualify for a mortgage or not; 7) cost of living – what expenses are typically associated with living in this area (e.g., groceries, utilities).