Much like its surrounding areas, it is substantially less expensive compared to the entire country. Compared to the city of Redmond, it's a lot less expensive.
Home prices
The median home in Fossil costs $104,600. In comparison to the surrounding areas it is about $2,080 (2%) higher.Compared to the nation as a whole it is roughly $112,900 (51%) lower, and in comparison to the city of Redmond is approximately $153,700 (59%) lower.
Rents
Fossil's median monthly rent is $696. It is about $14 (1%) lower compared to its surrounding areas.Compared to the country as a whole it is approximately $366 (34%) lower, and compared to the city of Redmond is roughly $394 (36%) lower.
Nearby places
Condon
Condon is about 14 miles north from Fossil. Its real estate prices are pretty similar. The price of the median home in Condon is $107,600, which comes out to $3,000 (2%) higher than Fossil. Rents there are fairly similar. The median monthly rent in Condon is $704, which comes out to $8 (1%) higher than Fossil.
Spray
Spray is about 20 miles southeast of Fossil. Its housing prices are a bit more expensive. The median home in Spray is valued at $114,200, which comes out to $9,600 (8%) higher than Fossil. Rent there is a little less expensive. Spray's median rent is $600 per month, which works out to $96 (15%) lower than Fossil.
Mitchell
Mitchell is about 27 miles south of Fossil. Real estate prices there are a bit less expensive. The median home cost in Mitchell is $86,100, which works out to $18,500 (21%) lower than Fossil. Rent there is a bit more expensive. In Mitchell the median rent is $763 a month, which is $67 (8%) higher than Fossil.
Grass Valley
Grass Valley is roughly 32 miles northwest of Fossil. Its housing prices are somewhat less expensive. The cost of the median home in Grass Valley is $98,000, which comes out to $6,600 (6%) lower than Fossil. The rent there is somewhat more expensive. The median rent in Grass Valley is $950 a month, which works out to $254 (26%) higher than Fossil.
Heppner
Heppner is roughly 35 miles northeast from Fossil. Its housing prices are pretty similar. The median home price in Heppner is $106,700, which comes out to $2,100 (1%) higher than Fossil. Rents there are somewhat less expensive. In Heppner the median monthly rent is $531, which comes out to $165 (31%) lower than Fossil.
