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City-owned Homes And Land in Kennett, MO

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Kennett, MO Foreclosures

Current Market Conditions in Kennett, MO as of August 2026?
Home values: +1.53% MoM; rent: +0.00% MoM.
How much do homes sell for in Kennett, MO?
The average home price is currently $117,376.
In Kennett, MO, how many homes are available?
There are currently 23 active home listings available in Kennett.
What’s the average rental cost in Kennett, MO?
The average rental price in Kennett is $899.
What is the most expensive home in Kennett?
The most expensive home sold in Kennett had a price of $1,794,698.
What is currently the cheapest priced home in Kennett, MO?
The cheapest home for sale in Kennett is priced at $11,700.

Living in Kennett, MO

Kennett, MO is an affordable Bootheel market with small-town amenities, regional services, and investor-relevant price points anchored by a provided median home value of $87,600 and median rent of $860.

Buyer vs Seller Market in Kennett, MO

Median home value: $94,414 as of 2026-08-14.

Median rent: $860 as of 2026-08-14.

Home values: +1.53% MoM, -4.51% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Kennett, MO

There are currently 4,996 real estate properties in Kennett, MO, with a median automated valuation model (AVM) price of $94,414.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kennett, 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 Kennett, MO, is $117,376.00, with the most expensive house in Kennett, MO, topping out at $1,794,698.00 and the cheapest home in Kennett, MO, clocking in at $11,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Kennett, MO!

Rent Prices In Kennett, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kennett, MO, is on a rollercoaster ride. The average rent price in Kennett, MO, is $899.00. Indeed, when looking to rent in Kennett, MO, you can expect to pay as little as $540.00 or as much as $1,900.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Kennett, 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.

Kennett, MO City-owned Homes And Land

Kennett, MO
City-Owned Homes and Land Market

Listings  23
Area price range
$11,700 – $1,794,698
Avg market value
$117,376
Property types
Homes & Land
Sale method
Auction / Bid / RFP

In Kennett, MO, city-owned homes and land are sold by the municipality or a public land bank — often below the surrounding market, where home values typically range $11,700 to $1,794,698 (averaging about $117,376). Inventory can include vacant lots, tax-foreclosed homes, and surplus parcels offered through public auctions, sealed bids, or request-for-proposal programs.

  • Active inventory: 23 city-owned properties currently available in Kennett.
  • Below market: Municipal sales prioritize redevelopment over profit, so prices can fall under the ~$117,376 local average.
  • Buyer note: Listings may carry use restrictions or rehabilitation requirements — review the terms before you bid.
At-a-glance: Local avg value: $117,376 • Sold via auction, sealed bid, or RFP
City-owned availability and terms vary by municipality. Market values reflect recent local activity and may vary by neighborhood and property type.

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