Hannibal, MO Foreclosures
How much do homes sell for in Hannibal, MO?
The average home price is currently $198,586.
In Hannibal, MO, how many homes are available?
There are currently 19 active home listings available in Hannibal.
What’s the average rental cost in Hannibal, MO?
The average rental price in Hannibal is $989.
What is the most expensive home in Hannibal?
The most expensive home sold in Hannibal had a price of $4,566,175.
What is currently the cheapest priced home in Hannibal, MO?
The cheapest home for sale in Hannibal is priced at $10,700.
Living in Hannibal, MO
Hannibal, MO, is a historic and picturesque city that offers a unique blend of small-town charm and rich cultural heritage. Known for its association with Mark Twain, residents enjoy a vibrant community with access to outdoor recreation and local events. The city features scenic river views and a variety of amenities that cater to families and individuals alike.
Current Market Conditions in Hannibal, MO
The real estate market in Hannibal, MO, has exhibited stable growth over the past year, with a consistent demand for single-family homes. The average home prices have increased slightly, reflecting a healthy market driven by both local buyers and those relocating to the area for a quieter lifestyle. As the economy slowly rebounds, there is optimism regarding new housing developments and renovations of older properties.
Currently, the market favors buyers due to a moderate inventory level which provides various options in terms of price points and property types. However, well-maintained homes in desirable neighborhoods still garner multiple offers, particularly among first-time homebuyers and families looking for a solid community environment.
Home Value Estimator For Hannibal, MO
There are currently 7,754 real estate properties
in Hannibal, MO,
with a median automated valuation model (AVM) price
of $155,350.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hannibal, 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 Hannibal, MO,
is $198,586.00, with the most expensive house
in Hannibal, MO, topping out
at $4,566,175.00 and the cheapest home
in Hannibal, MO,
clocking in at $10,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hannibal, MO!
Rent Prices
In Hannibal, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hannibal, MO, is on
a rollercoaster ride. The
average rent price in Hannibal, MO,
is $989.00. Indeed, when looking to rent in
Hannibal, MO, you can expect to pay as little
as $540.00 or as much
as $2,580.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Hannibal, 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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