Lynchburg, MO Foreclosures
How much do homes sell for in Lynchburg, MO?
The average home price is currently $254,561.
In Lynchburg, MO, how many homes are available?
There are currently 56 active home listings available in Lynchburg.
What’s the average rental cost in Lynchburg, MO?
The average rental price in Lynchburg is $1,057.
What is the most expensive home in Lynchburg?
The most expensive home sold in Lynchburg had a price of $627,822.
What is currently the cheapest priced home in Lynchburg, MO?
The cheapest home for sale in Lynchburg is priced at $33,516.
Living in Lynchburg, MO
Lynchburg, MO is a charming rural community boasting beautiful natural surroundings and a strong sense of community. It offers a supportive environment for families and individuals alike, with ample outdoor activities and local amenities. Residents appreciate the peaceful atmosphere and friendly neighbors, making it a perfect place to call home.
Current Market Conditions in Lynchburg, MO
The real estate market in Lynchburg is currently experiencing steady growth with an increasing demand for homes, especially among families searching for a peaceful lifestyle. The average home price has shown a gradual increase over the past year, indicating a seller's market with higher values reflecting the desirability of the area.
Many homes in Lynchburg are marketed towards buyers seeking larger lots and suburban living. This has made property renovations and new constructions common, as homeowners look to maximize the space available to them. Overall, the trend indicates that Lynchburg is becoming a more sought-after location for potential homebuyers.
Home Value Estimator For Lynchburg, MO
There are currently 84 real estate properties
in Lynchburg, MO,
with a median automated valuation model (AVM) price
of $246,077.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lynchburg, 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 Lynchburg, MO,
is $254,561.00, with the most expensive house
in Lynchburg, MO, topping out
at $627,822.00 and the cheapest home
in Lynchburg, MO,
clocking in at $33,516.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lynchburg, MO!
Rent Prices
In Lynchburg, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lynchburg, MO, is on
a rollercoaster ride. The
average rent price in Lynchburg, MO,
is $1,057.00. Indeed, when looking to rent in
Lynchburg, MO, you can expect to pay as little
as $710.00 or as much
as $1,460.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Lynchburg, 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.
Learn more on Foreclosure homes
