Miami, MO Foreclosures
How much do homes sell for in Miami, MO?
The average home price is currently $209,773.
What’s the average rental cost in Miami, MO?
The average rental price in Miami is $902.
What is the most expensive home in Miami?
The most expensive home sold in Miami had a price of $699,917.
What is currently the cheapest priced home in Miami, MO?
The cheapest home for sale in Miami is priced at $15,615.
Living in Miami, MO
Miami, Missouri is a quaint small town known for its welcoming community and picturesque surroundings. With various outdoor recreational activities and essential amenities nearby, it is an ideal location for families or individuals seeking a peaceful lifestyle. Its proximity to larger cities and local charm makes it a great spot for real estate investment.
Current Market Conditions in Miami, MO
The real estate market in Miami, MO is currently stable, with a moderate pace of sales compared to the national average. The demand for affordable housing options remains strong, as many buyers seek to capitalize on the low prices in the area.
Interest in Miami has been growing, particularly among first-time homebuyers and those looking to relocate from more urban regions. While inventory levels have slightly increased, properties that are priced well are still selling quickly.
Home Value Estimator For Miami, MO
There are currently 83 real estate properties
in Miami, MO,
with a median automated valuation model (AVM) price
of $205,601.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Miami, 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 Miami, MO,
is $209,773.00, with the most expensive house
in Miami, MO, topping out
at $699,917.00 and the cheapest home
in Miami, MO,
clocking in at $15,615.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Miami, MO!
Rent Prices
In Miami, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Miami, MO, is on
a rollercoaster ride. The
average rent price in Miami, MO,
is $902.00. Indeed, when looking to rent in
Miami, MO, you can expect to pay as little
as $700.00 or as much
as $1,780.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Miami, 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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