Licking, MO Foreclosures
How much do homes sell for in Licking, MO?
The average home price is currently $208,726.
In Licking, MO, how many homes are available?
There are currently 7 active home listings available in Licking.
What’s the average rental cost in Licking, MO?
The average rental price in Licking is $920.
What is the most expensive home in Licking?
The most expensive home sold in Licking had a price of $737,983.
What is currently the cheapest priced home in Licking, MO?
The cheapest home for sale in Licking is priced at $10,863.
Living in Licking, MO
Licking, Missouri, is a charming small town known for its welcoming atmosphere and access to beautiful outdoor spaces. Residents enjoy a peaceful lifestyle with ample recreational opportunities in the stunning Ozarks nearby. The strong community ties and educational facilities make it an excellent place for families and outdoor lovers alike.
Current Market Conditions in Licking, MO
The real estate market in Licking, MO, has shown steady growth over the past few months, with an increasing demand for homes as more people discover the charm of rural living. The average home price has seen a gradual increase, reflecting a resilient and stable market that attracts buyers looking for affordable options near nature. Inventory levels have remained consistent, with a mix of older homes and new builds available for potential homeowners.
Recent trends indicate that homebuyers are leaning towards properties with larger yards and proximity to outdoor activities, as the rural lifestyle gains popularity post-pandemic. The demand for affordable housing is evident in Licking, where many homes are priced lower than national averages, appealing to first-time buyers and families.
Home Value Estimator For Licking, MO
There are currently 1,296 real estate properties
in Licking, MO,
with a median automated valuation model (AVM) price
of $177,167.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Licking, 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 Licking, MO,
is $208,726.00, with the most expensive house
in Licking, MO, topping out
at $737,983.00 and the cheapest home
in Licking, MO,
clocking in at $10,863.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Licking, MO!
Rent Prices
In Licking, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Licking, MO, is on
a rollercoaster ride. The
average rent price in Licking, MO,
is $920.00. Indeed, when looking to rent in
Licking, MO, you can expect to pay as little
as $480.00 or as much
as $1,460.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Licking, 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.