Condo Foreclosures in Bourbon, MO

Current Market Conditions in Bourbon, MO

The real estate market in Bourbon has shown consistent stability in recent years, with a healthy balance of buyers and sellers. The low cost of living paired with the small-town charm has attracted new residents looking for a quieter lifestyle away from the hustle and bustle of larger cities.

There has been a notable increase in interest in Bourbon from those looking to retire or find vacation homes due to its proximity to outdoor recreational activities, which has spurred some growth in property prices. However, compared to the national average, housing prices remain relatively affordable.

Rent Prices In Bourbon, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bourbon, MO, is on a rollercoaster ride. The average rent price in Bourbon, MO, is $1,021.00. Indeed, when looking to rent in Bourbon, MO, you can expect to pay as little as $580.00 or as much as $2,250.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Bourbon, MO -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.