Living in Hematite, MO
Hematite, MO is a quaint town known for its beautiful natural surroundings and a strong sense of community. It offers a peaceful lifestyle ideal for families, retirees, and nature lovers alike, with easy access to outdoor recreational activities.
Current Market Conditions in Hematite, MO
Currently, Hematite's real estate market is showing signs of stability, with average home prices remaining steady over the past few months. There is a moderate level of inventory available, allowing homebuyers to find options within their budget.
Interest rates have slightly influenced buyer activity, with some affordability challenges for first-time homebuyers. However, the community remains attractive due to its low property taxes and scenic environment.
Home Value Estimator For Hematite, MO
There are currently 20 real estate properties
in Hematite, MO,
with a median automated valuation model (AVM) price
of $124,707.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hematite, 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 Hematite, MO,
is $141,697.00, with the most expensive house
in Hematite, MO, topping out
at $284,719.00 and the cheapest home
in Hematite, MO,
clocking in at $35,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hematite, MO!
Rent Prices
In Hematite, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hematite, MO, is on
a rollercoaster ride. The
average rent price in Hematite, MO,
is $969.00. Indeed, when looking to rent in
Hematite, MO, you can expect to pay as little
as $820.00 or as much
as $1,250.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Hematite, 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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