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Preforeclosure Homes in Merriam, KS

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Living in Merriam, KS

Merriam, KS, is a vibrant city known for its friendly community, excellent schools, and abundant parks. Located in Johnson County, it offers easy access to urban amenities and a variety of recreational activities. Ideal for families and young professionals, Merriam is a great place to live and invest in real estate.

Current Market Conditions in Merriam, KS

The real estate market in Merriam is currently experiencing steady growth, with a moderate increase in home values and demand. The city has a diverse range of properties, from single-family homes to townhouses, appealing to a wide variety of buyers.

Recent developments and urban revitalization projects have made Merriam an attractive option for investors looking for properties with appreciation potential. The city's proximity to major employment centers in the Kansas City metro area further fuels housing demand.

Home Value Estimator For Merriam, KS

There are currently 3,517 real estate properties in Merriam, KS, with a median automated valuation model (AVM) price of $336,756.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Merriam, 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 Merriam, KS, is $340,886.00, with the most expensive house in Merriam, KS, topping out at $2,593,320.00 and the cheapest home in Merriam, KS, clocking in at $68,234.00. In other words, there’s something for every potential homebuyer or savvy investor in Merriam, KS!

Rent Prices In Merriam, KS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Merriam, KS, is on a rollercoaster ride. The average rent price in Merriam, KS, is $1,315.00. Indeed, when looking to rent in Merriam, KS, you can expect to pay as little as $680.00 or as much as $3,140.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Merriam, 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.

Merriam, KS Preforeclosure Homes


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