Drexel, MO Foreclosures
How much do homes sell for in Drexel, MO?
The average home price is currently $328,214.
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 $1,739,609.
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
Drexell is a small, tight-knit community in Missouri that offers a blend of rural charm and modern amenities. Residents enjoy a peaceful environment with easy access to nature and outdoor activities. With convenient proximity to larger towns, it provides a quiet retreat while still being connected to essential services.
Current Market Conditions in Drexel, MO
The Drexell real estate market is currently experiencing steady growth with increasing demand for homes. Due to the town's small size, available homes are limited, which has resulted in competitive bidding among prospective buyers. The community's attractiveness and affordability make it a desirable location for families and retirees alike. Overall, the market trend indicates a healthy balance between buyer interest and available properties, leading to market stability.
In recent months, there has been a noticeable interest from out of state buyers looking for peaceful and affordable homes in rural settings. This trend is driving up prices slightly, but the overall market remains accessible for first-time home buyers and those looking to downsize.
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 $264,970.00. 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 $328,214.00, with the most expensive house
in Drexel, MO, topping out
at $1,739,609.00 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.
Learn more on Foreclosure homes
