Living in Ludlow, MO
Ludlow, MO, embodies a quaint, rural lifestyle with access to beautiful nature and friendly small-town life. Residents enjoy local amenities, quality education options, and a close-knit community atmosphere. Ideal for families or individuals looking to escape urban stress, Ludlow offers a peaceful way of living.
Current Market Conditions in Ludlow, MO
The real estate market in Ludlow, MO, is currently favorable for both buyers and investors, with property prices remaining relatively stable. The demand for affordable housing has grown in recent years, drawing in individuals and families seeking a change from urban areas.
Investors can find opportunities in both residential and vacant land markets, as the area continues to develop while maintaining its charm. The community's growth, coupled with its attractive lifestyle, is making Ludlow a noteworthy location for real estate investment.
Home Value Estimator For Ludlow, MO
There are currently 134 real estate properties
in Ludlow, MO,
with a median automated valuation model (AVM) price
of $132,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ludlow, 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 Ludlow, MO,
is $189,351.00, with the most expensive house
in Ludlow, MO, topping out
at $560,455.00 and the cheapest home
in Ludlow, MO,
clocking in at $22,309.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ludlow, MO!
Rent Prices
In Ludlow, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ludlow, MO, is on
a rollercoaster ride. The
average rent price in Ludlow, MO,
is $887.00. Indeed, when looking to rent in
Ludlow, MO, you can expect to pay as little
as $580.00 or as much
as $1,390.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Ludlow, 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.
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