Mendon, MO Foreclosures
How much do homes sell for in Mendon, MO?
The average home price is currently $167,323.
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 $623,204.
What is currently the cheapest priced home in Mendon, MO?
The cheapest home for sale in Mendon is priced at $33,690.
Living in Mendon, MO
Mendon, MO is a charming small town with a strong sense of community and a peaceful lifestyle. It's surrounded by beautiful natural landscapes and provides essential conveniences within reach. The town’s excellent local schools and community parks make it ideal for families and those looking for a quieter place to live.
Current Market Conditions in Mendon, MO
The real estate market in Mendon, MO, is currently stable, showing signs of moderate demand. As a small community, housing prices tend to fluctuate less dramatically compared to larger urban areas. This stability attracts families looking for affordable homes that offer a good quality of life.
In recent years, there has been a noticeable increase in interest for properties in rural communities like Mendon, as more people are seeking homes outside of congested cities. This trend is expected to continue due to the desirability of quieter neighborhoods.
Home Value Estimator For Mendon, MO
There are currently 236 real estate properties
in Mendon, MO,
with a median automated valuation model (AVM) price
of $128,680.00. 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 $167,323.00, with the most expensive house
in Mendon, MO, topping out
at $623,204.00 and the cheapest home
in Mendon, MO,
clocking in at $33,690.00. 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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