Elmira, MO Foreclosures
How much do homes sell for in Elmira, MO?
The average home price is currently $204,820.
What’s the average rental cost in Elmira, MO?
The average rental price in Elmira is $1,397.
What is the most expensive home in Elmira?
The most expensive home sold in Elmira had a price of $650,362.
What is currently the cheapest priced home in Elmira, MO?
The cheapest home for sale in Elmira is priced at $62,616.
Living in Elmira, MO
Elmira, MO, is a serene small town nestled in the heart of Missouri, ideal for families and individuals seeking a tranquil lifestyle. Known for its friendly community, Elmira offers easy access to beautiful parks and outdoor activities. Despite its small size, residents enjoy necessary amenities and good schools, making it an attractive place to live.
Current Market Conditions in Elmira, MO
Currently, Elmira's real estate market is stable, with a steady demand for single-family homes and an increase in new constructions. As more people seek a peaceful lifestyle away from the hustle of major cities, interest in properties here has started to rise, and homes are being listed more frequently.
The market shows signs of gradual appreciation, with homes averaging an increase in value year-over-year. Buyers find competitive prices in comparison to surrounding areas, making it an appealing option for first-time homebuyers.
Home Value Estimator For Elmira, MO
There are currently 21 real estate properties
in Elmira, MO,
with a median automated valuation model (AVM) price
of $193,260.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elmira, 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 Elmira, MO,
is $204,820.00, with the most expensive house
in Elmira, MO, topping out
at $650,362.00 and the cheapest home
in Elmira, MO,
clocking in at $62,616.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elmira, MO!
Rent Prices
In Elmira, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elmira, MO, is on
a rollercoaster ride. The
average rent price in Elmira, MO,
is $1,397.00. Indeed, when looking to rent in
Elmira, MO, you can expect to pay as little
as $1,200.00 or as much
as $1,770.00,
with the average rent median estimated to
be $1,390.00. The good news is that finding
an affordable and desirable property to rent in Elmira, 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
