Elmo, MO Foreclosures
How much do homes sell for in Elmo, MO?
The average home price is currently $192,183.
What’s the average rental cost in Elmo, MO?
The average rental price in Elmo is $898.
What is the most expensive home in Elmo?
The most expensive home sold in Elmo had a price of $808,253.
What is currently the cheapest priced home in Elmo, MO?
The cheapest home for sale in Elmo is priced at $31,845.
Living in Elmo, MO
Elmo, MO is a quiet rural town offering serene living with beautiful landscapes. Known for its community spirit, residents enjoy various outdoor activities and a strong sense of belonging. It's also conveniently located near larger towns for additional amenities.
Current Market Conditions in Elmo, MO
The real estate market in Elmo, MO is characterized by affordable housing prices, making it an attractive option for first-time homebuyers and those looking to retire. The demand for houses has remained steady, with a slight increase in interest from buyers seeking a more tranquil lifestyle away from urban centers.
Currently, homes in Elmo are seeing a mix of demand and supply. Prices have remained stable, with modest appreciation over the past few months, reflecting the area's growing appeal for families and retirees.
Home Value Estimator For Elmo, MO
There are currently 169 real estate properties
in Elmo, MO,
with a median automated valuation model (AVM) price
of $110,307.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elmo, 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 Elmo, MO,
is $192,183.00, with the most expensive house
in Elmo, MO, topping out
at $808,253.00 and the cheapest home
in Elmo, MO,
clocking in at $31,845.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elmo, MO!
Rent Prices
In Elmo, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elmo, MO, is on
a rollercoaster ride. The
average rent price in Elmo, MO,
is $898.00. Indeed, when looking to rent in
Elmo, MO, you can expect to pay as little
as $870.00 or as much
as $950.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Elmo, 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.
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