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Foreclosures in Hannibal, MO

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Living in Hannibal, MO

Hannibal, MO, is a historic town nestled along the Mississippi River, known for its connections to Mark Twain. With a strong sense of community, it offers a variety of local amenities, excellent schools, and abundant outdoor activities. Residents enjoy a tranquil lifestyle with easy access to nature and cultural experiences.

Current Market Conditions in Hannibal, MO

The real estate market in Hannibal has shown steady growth with a blend of historical homes and new constructions appealing to both investors and families. Property values have seen a moderate increase over recent years, making it an attractive location for potential buyers looking for value.

Investment opportunities abound, especially as the population gradually increases, attracting those seeking a peaceful lifestyle with amenities in close proximity. Investors can benefit from the town's unique character and community-centric developments.

Home Value Estimator For Hannibal, MO

There are currently 7,757 real estate properties in Hannibal, MO, with a median automated valuation model (AVM) price of $155,254.00. 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 $195,369.00, with the most expensive house in Hannibal, MO, topping out at $4,497,795.00 and the cheapest home in Hannibal, MO, clocking in at $17,065.00. 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.

Hannibal, MO Foreclosures

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