Elmo, MO Foreclosures
How much do homes sell for in Elmo, MO?
The average home price is currently $175,531.
In Elmo, MO, how many homes are available?
There are currently 15 active home listings available in Elmo.
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 $759,800.
What is currently the cheapest priced home in Elmo, MO?
The cheapest home for sale in Elmo is priced at $34,204.
Living in Elmo, MO
Elmo, Missouri, is a quaint rural community that offers a serene lifestyle surrounded by picturesque landscapes. With a strong sense of community and access to local parks and outdoor activities, Elmo is ideal for those seeking tranquility away from city life. The nearby larger town of Maryville enhances the amenities available without overwhelming the charm of Elmo.
Current Market Conditions in Elmo, MO
The real estate market in Elmo, MO, is currently characterized by affordability and a steady appreciation in property values, appealing to first-time homebuyers and investors alike. The demand for homes in rural settings has seen a noticeable rise over the past year as more people seek out the peace and safety of small-town living. This has created a favorable atmosphere for sellers, while buyers can find good value for their money.
Currently, homes in Elmo are generally priced lower than in urban areas, making it an attractive spot for those looking to enter the real estate market or invest in rental properties. The local economy remains stable, with ongoing developments that are likely to support continued growth in property values.
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 $108,904.00. 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 $175,531.00, with the most expensive house
in Elmo, MO, topping out
at $759,800.00 and the cheapest home
in Elmo, MO,
clocking in at $34,204.00. 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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