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Short Sale Listings in Festus, MO

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Festus, MO Foreclosures

How much do homes sell for in Festus, MO?
The average home price is currently $275,907.
In Festus, MO, how many homes are available?
There are currently 4 active home listings available in Festus.
What’s the average rental cost in Festus, MO?
The average rental price in Festus is $1,148.
What is the most expensive home in Festus?
The most expensive home sold in Festus had a price of $7,451,000.
What is currently the cheapest priced home in Festus, MO?
The cheapest home for sale in Festus is priced at $12,282.

Living in Festus, MO

Festus is a charming city situated in Jefferson County, Missouri. Known for its friendly community and family-oriented atmosphere, Festus provides a suburban feel with easy access to urban amenities in nearby St. Louis. The city boasts a rich history, vibrant local businesses, and is surrounded by beautiful parks and outdoor recreational opportunities.

Current Market Conditions in Festus, MO

Festus real estate has been experiencing steady growth, with a competitive market favored by buyers due to the affordability of homes in comparison to other nearby urban areas. The average home price has been steadily increasing, reflecting the desirability of the area as more families look to settle in this charming community.

In recent months, the Festus housing market has shown signs of increased inventory as sellers respond to rising interest in the area. This has provided buyers with more options and slightly moderated the rapid price increases seen earlier in the year.

Home Value Estimator For Festus, MO

There are currently 9,217 real estate properties in Festus, MO, with a median automated valuation model (AVM) price of $245,951.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Festus, 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 Festus, MO, is $275,907.00, with the most expensive house in Festus, MO, topping out at $7,451,000.00 and the cheapest home in Festus, MO, clocking in at $12,282.00. In other words, there’s something for every potential homebuyer or savvy investor in Festus, MO!

Rent Prices In Festus, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Festus, MO, is on a rollercoaster ride. The average rent price in Festus, MO, is $1,148.00. Indeed, when looking to rent in Festus, MO, you can expect to pay as little as $540.00 or as much as $2,560.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Festus, 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.

Festus, MO Short Sale Listings

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