Gray Summit, MO Foreclosures
How much do homes sell for in Gray Summit, MO?
The average home price is currently $222,733.
In Gray Summit, MO, how many homes are available?
There are currently 4 active home listings available in Gray Summit.
What’s the average rental cost in Gray Summit, MO?
The average rental price in Gray Summit is $1,062.
What is the most expensive home in Gray Summit?
The most expensive home sold in Gray Summit had a price of $975,742.
What is currently the cheapest priced home in Gray Summit, MO?
The cheapest home for sale in Gray Summit is priced at $36,684.
Living in Gray Summit, MO
Gray Summit, MO is a peaceful community nestled by the Meramec River, offering a blend of rural charm and access to urban conveniences. Residents enjoy outdoor activities in nearby state parks and a friendly neighborhood atmosphere. With good schools and local amenities, it's an ideal place for families and nature enthusiasts.
Current Market Conditions in Gray Summit, MO
The real estate market in Gray Summit has seen a steady increase in activity, with a growing demand for single-family homes as more people look to escape urban life for suburban tranquility. The average home price has experienced a gradual rise, indicating a healthy market with favorable conditions for sellers while still being accessible for first-time buyers.
In the last year, Gray Summit's property values have appreciated due to factors such as its appealing lifestyle, reasonable housing costs compared to nearby cities, and ongoing developments that enhance the area's attractiveness to newcomers.
Home Value Estimator For Gray Summit, MO
There are currently 443 real estate properties
in Gray Summit, MO,
with a median automated valuation model (AVM) price
of $197,243.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gray Summit, 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 Gray Summit, MO,
is $222,733.00, with the most expensive house
in Gray Summit, MO, topping out
at $975,742.00 and the cheapest home
in Gray Summit, MO,
clocking in at $36,684.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gray Summit, MO!
Rent Prices
In Gray Summit, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gray Summit, MO, is on
a rollercoaster ride. The
average rent price in Gray Summit, MO,
is $1,062.00. Indeed, when looking to rent in
Gray Summit, MO, you can expect to pay as little
as $590.00 or as much
as $1,930.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Gray Summit, 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
