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Bankruptcy Homes in Hermann, MO

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Hermann, MO Foreclosures

How much do homes sell for in Hermann, MO?
The average home price is currently $286,083.
In Hermann, MO, how many homes are available?
There are currently 2 active home listings available in Hermann.
What’s the average rental cost in Hermann, MO?
The average rental price in Hermann is $1,165.
What is the most expensive home in Hermann?
The most expensive home sold in Hermann had a price of $3,430,400.
What is currently the cheapest priced home in Hermann, MO?
The cheapest home for sale in Hermann is priced at $22,080.

Living in Hermann, MO

Hermann, Missouri, is a picturesque town known for its beautiful vineyards, rich history, and friendly community. With a range of outdoor activities, residents can enjoy a relaxed lifestyle amidst stunning natural scenery. The town highlights its German heritage with notable festivals and cultural events year-round.

Current Market Conditions in Hermann, MO

The real estate market in Hermann has seen a steady increase in demand due to its picturesque surroundings and small-town charm. Properties are moving quickly, particularly those that highlight the area’s unique character and heritage. Potential buyers are drawn to value in historic homes and newer constructions.

With a balanced assortment of listings, Hermann offers opportunities for a range of buyers from retirees seeking tranquility to families wanting a tight-knit community. Prices have been gradually appreciating, reflecting the town's appeal and stable market.

Home Value Estimator For Hermann, MO

There are currently 2,434 real estate properties in Hermann, MO, with a median automated valuation model (AVM) price of $233,616.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hermann, 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 Hermann, MO, is $286,083.00, with the most expensive house in Hermann, MO, topping out at $3,430,400.00 and the cheapest home in Hermann, MO, clocking in at $22,080.00. In other words, there’s something for every potential homebuyer or savvy investor in Hermann, MO!

Rent Prices In Hermann, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hermann, MO, is on a rollercoaster ride. The average rent price in Hermann, MO, is $1,165.00. Indeed, when looking to rent in Hermann, MO, you can expect to pay as little as $620.00 or as much as $2,940.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Hermann, 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.

Hermann, MO Bankruptcy Homes

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