Lilbourn, MO Foreclosures
How much do homes sell for in Lilbourn, MO?
The average home price is currently $93,205.
In Lilbourn, MO, how many homes are available?
There are currently 2 active home listings available in Lilbourn.
What’s the average rental cost in Lilbourn, MO?
The average rental price in Lilbourn is $820.
What is the most expensive home in Lilbourn?
The most expensive home sold in Lilbourn had a price of $467,875.
What is currently the cheapest priced home in Lilbourn, MO?
The cheapest home for sale in Lilbourn is priced at $14,959.
Living in Lilbourn, MO
Lilbourn, located in New Madrid County, Missouri, is a quaint small town known for its community spirit and rural charm. The area offers a peaceful lifestyle surrounded by nature, making it a perfect spot for those seeking serenity and scenic views. With easy access to nearby larger cities, Lilbourn combines the comfort of small-town living with the conveniences of urban amenities.
Current Market Conditions in Lilbourn, MO
The Lilbourn real estate market has shown signs of stability, with a gradual increase in property values over the past year. The demand for homes has been consistent, driven by the appeal of affordable housing in a peaceful environment. Many buyers are attracted to the properties available in this area for their spacious lots and rural setting, which is a sharp contrast to more densely populated urban areas.
Recently, there has been an uptick in real estate activity, especially among first-time homebuyers and families looking for larger family homes. Nevertheless, availability remains limited, which contributes to the competition among potential buyers in the market.
Home Value Estimator For Lilbourn, MO
There are currently 669 real estate properties
in Lilbourn, MO,
with a median automated valuation model (AVM) price
of $76,601.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lilbourn, 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 Lilbourn, MO,
is $93,205.00, with the most expensive house
in Lilbourn, MO, topping out
at $467,875.00 and the cheapest home
in Lilbourn, MO,
clocking in at $14,959.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lilbourn, MO!
Rent Prices
In Lilbourn, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lilbourn, MO, is on
a rollercoaster ride. The
average rent price in Lilbourn, MO,
is $820.00. Indeed, when looking to rent in
Lilbourn, MO, you can expect to pay as little
as $550.00 or as much
as $1,330.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Lilbourn, 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.