Living in Neosho Falls, KS
Neosho Falls, located in Kansas, is a charming small town with a rich history and a strong sense of community. Nestled along the Neosho River, it offers residents a tranquil lifestyle with access to outdoor activities and local amenities. With reputable schools and a friendly atmosphere, it’s an ideal place for families looking for a peaceful retreat.
Current Market Conditions in Neosho Falls, KS
The real estate market in Neosho Falls has remained stable, with a slight increase in home values over the past year. The affordability of property in this area attracts both first-time homebuyers and investors looking for rental opportunities. Homes typically sell at reasonable prices, reflecting the small-town market dynamics, where residents value community living and the natural surroundings.
There has been a growing interest in rural properties as more people seek to move away from urban centers. This trend has led to an increase in demand for homes in Neosho Falls, although inventory levels have remained relatively constant, ensuring that it continues to be a buyer's market.
Home Value Estimator For Neosho Falls, KS
There are currently 138 real estate properties
in Neosho Falls, KS,
with a median automated valuation model (AVM) price
of $69,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Neosho Falls, 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 Neosho Falls, KS,
is $103,394.00, with the most expensive house
in Neosho Falls, KS, topping out
at $626,002.00 and the cheapest home
in Neosho Falls, KS,
clocking in at $27,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Neosho Falls, KS!
Rent Prices
In Neosho Falls, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Neosho Falls, KS, is on
a rollercoaster ride. The
average rent price in Neosho Falls, KS,
is $802.00. Indeed, when looking to rent in
Neosho Falls, KS, you can expect to pay as little
as $470.00 or as much
as $1,390.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Neosho Falls, 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.
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