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Preforeclosure Homes in Independence, MO

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Living in Independence, MO

Independence, MO is a historically rich city that features a mix of urban and suburban elements. Known for its vibrant community, numerous parks, and a variety of shopping and dining options, Independence attracts families and individuals alike. With its close proximity to Kansas City, it offers residents both a peaceful atmosphere and accessibility to urban amenities.

Current Market Conditions in Independence, MO

Independence's real estate market has shown a steady increase in housing demand, reflecting a growing trend in suburban living. The city's historical significance, combined with a family-friendly environment, makes it an attractive choice for home buyers. Recent statistics indicate a healthy market, with a balanced supply of homes available.

The market is currently favored towards sellers, with homes typically spending less time on the market than in previous years. An influx of new residents seeking a calm living environment while maintaining proximity to urban conveniences significantly contributes to this trend.

Home Value Estimator For Independence, MO

There are currently 42,458 real estate properties in Independence, MO, with a median automated valuation model (AVM) price of $211,137.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Independence, 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 Independence, MO, is $223,991.00, with the most expensive house in Independence, MO, topping out at $3,950,000.00 and the cheapest home in Independence, MO, clocking in at $10,518.00. In other words, there’s something for every potential homebuyer or savvy investor in Independence, MO!

Rent Prices In Independence, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Independence, MO, is on a rollercoaster ride. The average rent price in Independence, MO, is $1,371.00. Indeed, when looking to rent in Independence, MO, you can expect to pay as little as $550.00 or as much as $2,210.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Independence, 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.

Independence, MO Preforeclosure Homes


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