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As-is Deals in Drexel, MO 64742

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Drexel, MO Foreclosures

How much do homes sell for in Drexel, MO?
The average home price is currently $323,320.
In Drexel, MO, how many homes are available?
There are currently 2 active home listings available in Drexel.
What’s the average rental cost in Drexel, MO?
The average rental price in Drexel is $1,432.
What is the most expensive home in Drexel?
The most expensive home sold in Drexel had a price of $1,965,865.
What is currently the cheapest priced home in Drexel, MO?
The cheapest home for sale in Drexel is priced at $33,050.

Living in Drexel, MO

Drexel, MO is a small, welcoming town known for its friendly community and peaceful rural charm. With various outdoor recreational opportunities and a tight-knit atmosphere, it's an ideal place for families and those seeking a quieter lifestyle. The town's proximity to larger cities also ensures easy access to additional amenities.

Current Market Conditions in Drexel, MO

The real estate market in Drexel has shown promising growth over the last year. Home prices have steadily increased, reflecting a growing interest in small-town living. The demand for homes in Drexel is fueled by its appealing lifestyle, making it a hot spot for first-time homebuyers and those looking to escape city life.

Investment opportunities are rising in Drexel due to its affordability compared to nearby metropolitan areas. The local economy is stable, which encourages a healthy housing market. Families and individuals are seeking homes with larger lots, and as more people discover the charm of Drexel, housing inventory is becoming limited.

Home Value Estimator For Drexel, MO

There are currently 761 real estate properties in Drexel, MO, with a median automated valuation model (AVM) price of $262,149.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Drexel, MO, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Drexel, MO, is $323,320.00, with the most expensive house in Drexel, MO, topping out at $1,965,865.00 and the cheapest home in Drexel, MO, clocking in at $33,050.00. In other words, there’s something for every potential homebuyer or savvy investor in Drexel, MO!

Rent Prices In Drexel, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Drexel, MO, is on a rollercoaster ride. The average rent price in Drexel, MO, is $1,432.00. Indeed, when looking to rent in Drexel, MO, you can expect to pay as little as $620.00 or as much as $2,050.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Drexel, 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.

Drexel, MO 64742 As-is Deals


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