Drexel, MO Foreclosures
How much do homes sell for in Drexel, MO?
The average home price is currently $335,954.
In Drexel, MO, how many homes are available?
There are currently 3 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 $5,124,898.
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, Missouri, is a quaint town offering a warm community atmosphere and a peaceful rural lifestyle. Nestled in southwestern Missouri, it provides easy access to larger urban areas while allowing residents to enjoy outdoor activities and local amenities. The town is characterized by friendly neighbors and a close-knit community feel, making it a great place to call home.
Current Market Conditions in Drexel, MO
The real estate market in Drexel, MO, has shown stability with modest growth in property values over the past year. Homes in the area typically attract buyers looking for affordable housing options, especially first-time buyers and families seeking a small-town environment. Given the limited inventory, homes tend to sell relatively quickly when they come on the market, indicating healthy demand.
Recent interest in the region has been bolstered by its attractive prices and the appeal of rural living, leading to increased activity from both investors and individual buyers.
Home Value Estimator For Drexel, MO
There are currently 861 real estate properties
in Drexel, MO,
with a median automated valuation model (AVM) price
of $265,442.00. 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 $335,954.00, with the most expensive house
in Drexel, MO, topping out
at $5,124,898.00 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
