Morehouse, MO Foreclosures
How much do homes sell for in Morehouse, MO?
The average home price is currently $82,873.
What’s the average rental cost in Morehouse, MO?
The average rental price in Morehouse is $808.
What is the most expensive home in Morehouse?
The most expensive home sold in Morehouse had a price of $1,081,918.
What is currently the cheapest priced home in Morehouse, MO?
The cheapest home for sale in Morehouse is priced at $17,800.
Living in Morehouse, MO
Morehouse, Missouri, is a quaint town known for its friendly community spirit and beautiful natural surroundings. It offers a peaceful, slower-paced lifestyle, making it a great place for families and those seeking a tranquil environment. With essential amenities available and proximity to larger cities, Morehouse strikes the perfect balance between rural charm and convenience.
Current Market Conditions in Morehouse, MO
The current real estate market in Morehouse is relatively stable, characterized by affordable home prices and a slight increase in buyer interest. Many properties are attracting first-time home buyers, while the low inventory continues to drive prices upward. The growth in remote work opportunities is encouraging more people to consider moving to Morehouse for its peaceful environment and community spirit.
Month-over-month, the housing market in Morehouse has experienced a modest uptick in demand, attributed to factors like low interest rates and increased interest from out-of-town buyers looking for more space. As such, homes are selling slightly quicker than previous months, suggesting a slowly strengthening market.
Looking at the yearly trend, home prices in Morehouse have appreciated, reflecting nationwide trends of increased property values due to economic recovery post-pandemic, along with ongoing low inventory levels. This trend indicates that Morehouse remains an attractive proposition for potential homeowners.
Home Value Estimator For Morehouse, MO
There are currently 316 real estate properties
in Morehouse, MO,
with a median automated valuation model (AVM) price
of $66,470.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morehouse, 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 Morehouse, MO,
is $82,873.00, with the most expensive house
in Morehouse, MO, topping out
at $1,081,918.00 and the cheapest home
in Morehouse, MO,
clocking in at $17,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morehouse, MO!
Rent Prices
In Morehouse, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morehouse, MO, is on
a rollercoaster ride. The
average rent price in Morehouse, MO,
is $808.00. Indeed, when looking to rent in
Morehouse, MO, you can expect to pay as little
as $580.00 or as much
as $1,450.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Morehouse, 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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