Mendon, MO Foreclosures
How much do homes sell for in Mendon, MO?
The average home price is currently $162,008.
What’s the average rental cost in Mendon, MO?
The average rental price in Mendon is $772.
What is the most expensive home in Mendon?
The most expensive home sold in Mendon had a price of $531,172.
What is currently the cheapest priced home in Mendon, MO?
The cheapest home for sale in Mendon is priced at $38,516.
Living in Mendon, MO
Mendon, a quaint village in northern Missouri, offers a serene rural lifestyle surrounded by picturesque farmland. Residents enjoy a close-knit community atmosphere, ideal for families and retirees. With its friendly locals and charm, Mendon provides a peaceful escape from the hustle of city life.
Current Market Conditions in Mendon, MO
The Mendon real estate market reflects a stable environment for buyers and sellers. With most properties exhibiting modest price increases, the demand remains steady due to the area's desirability for those seeking rural living. Homebuyers are generally attracted to the value offered by properties in the area, which tend to provide larger plots of land.
Investments in Mendon have seen a gradual increase in interest, particularly among people looking to escape urban settings. The recent trend shows that homes are selling slightly above listing price, indicating a competitive market for buyers.
Home Value Estimator For Mendon, MO
There are currently 212 real estate properties
in Mendon, MO,
with a median automated valuation model (AVM) price
of $120,402.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mendon, 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 Mendon, MO,
is $162,008.00, with the most expensive house
in Mendon, MO, topping out
at $531,172.00 and the cheapest home
in Mendon, MO,
clocking in at $38,516.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mendon, MO!
Rent Prices
In Mendon, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mendon, MO, is on
a rollercoaster ride. The
average rent price in Mendon, MO,
is $772.00. Indeed, when looking to rent in
Mendon, MO, you can expect to pay as little
as $540.00 or as much
as $1,340.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Mendon, 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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