Melvern, KS Foreclosures
How much do homes sell for in Melvern, KS?
The average home price is currently $211,878.
In Melvern, KS, how many homes are available?
There are currently 1 active home listings available in Melvern.
What’s the average rental cost in Melvern, KS?
The average rental price in Melvern is $1,040.
What is the most expensive home in Melvern?
The most expensive home sold in Melvern had a price of $852,368.
What is currently the cheapest priced home in Melvern, KS?
The cheapest home for sale in Melvern is priced at $17,593.
Living in Melvern, KS
Melvern, KS is a quaint, rural town nestled in Osage County, offering a peaceful lifestyle with a strong community spirit. With access to Melvern Lake for outdoor activities and proximity to larger cities, it balances tranquility with convenience. Perfect for families and retirees seeking a slower pace of life.
Current Market Conditions in Melvern, KS
The real estate market in Melvern has shown a steady increase in home values over the past year, attributed to its serene environment, affordability, and the appeal of rural living. The town's accessibility to recreational areas and smaller community amenities is attractive to prospective buyers looking for affordable homes with spacious lots.
Recently, there has been a noticeable uptick in first-time homebuyers exploring the market in Melvern. The combination of affordable housing options and the community's close-knit atmosphere has made it a desirable location for young families and individuals looking to escape the hustle of urban life.
Home Value Estimator For Melvern, KS
There are currently 306 real estate properties
in Melvern, KS,
with a median automated valuation model (AVM) price
of $160,978.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Melvern, KS, 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 Melvern, KS,
is $211,878.00, with the most expensive house
in Melvern, KS, topping out
at $852,368.00 and the cheapest home
in Melvern, KS,
clocking in at $17,593.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Melvern, KS!
Rent Prices
In Melvern, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Melvern, KS, is on
a rollercoaster ride. The
average rent price in Melvern, KS,
is $1,040.00. Indeed, when looking to rent in
Melvern, KS, you can expect to pay as little
as $530.00 or as much
as $2,010.00,
with the average rent median estimated to
be $1,000.00. The good news is that finding
an affordable and desirable property to rent in Melvern, KS
-- 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.