Herculaneum, MO Foreclosures
How much do homes sell for in Herculaneum, MO?
The average home price is currently $251,067.
In Herculaneum, MO, how many homes are available?
There are currently 13 active home listings available in Herculaneum.
What’s the average rental cost in Herculaneum, MO?
The average rental price in Herculaneum is $1,154.
What is the most expensive home in Herculaneum?
The most expensive home sold in Herculaneum had a price of $783,300.
What is currently the cheapest priced home in Herculaneum, MO?
The cheapest home for sale in Herculaneum is priced at $26,923.
Living in Herculaneum, MO
Herculaneum, MO is a charming small city located along the Mississippi River, known for its tight-knit community and appealing lifestyle. With access to local amenities, outdoor activities, and transportation networks, it offers the perfect balance of tranquility and convenience for its residents.
Current Market Conditions in Herculaneum, MO
The real estate market in Herculaneum is currently experiencing steady growth, with increasing demand for single-family homes. The city’s affordability and quality of life attract many homebuyers, resulting in a competitive market particularly for entry-level properties. As the area continues to develop, investors are finding opportunities to purchase rental properties due to the influx of new residents at various price points, making it a promising location for real estate investment.
A noticeable trend in Herculaneum's market is the rise of home prices due to limited inventory and rising demand. This has created a seller's market, with homes selling quickly and often above the listed price. Neighborhoods with good schools and amenities are particularly sought after, while investors are advised to monitor the evolving market for opportunities. Current interest rates also play a crucial role as buyers weigh their mortgage options.
Home Value Estimator For Herculaneum, MO
There are currently 1,501 real estate properties
in Herculaneum, MO,
with a median automated valuation model (AVM) price
of $260,461.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Herculaneum, 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 Herculaneum, MO,
is $251,067.00, with the most expensive house
in Herculaneum, MO, topping out
at $783,300.00 and the cheapest home
in Herculaneum, MO,
clocking in at $26,923.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Herculaneum, MO!
Rent Prices
In Herculaneum, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Herculaneum, MO, is on
a rollercoaster ride. The
average rent price in Herculaneum, MO,
is $1,154.00. Indeed, when looking to rent in
Herculaneum, MO, you can expect to pay as little
as $710.00 or as much
as $2,040.00,
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 Herculaneum, 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
