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Foreclosure Homes in New Madrid, MO

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New Madrid, MO Foreclosures

How much do homes sell for in New Madrid, MO?
The average home price is currently $135,188.
In New Madrid, MO, how many homes are available?
There are currently 4 active home listings available in New Madrid.
What’s the average rental cost in New Madrid, MO?
The average rental price in New Madrid is $936.
What is the most expensive home in New Madrid?
The most expensive home sold in New Madrid had a price of $1,250,000.
What is currently the cheapest priced home in New Madrid, MO?
The cheapest home for sale in New Madrid is priced at $20,060.

Living in New Madrid, MO

New Madrid, MO, is a quaint town with a warm community spirit and a rich historical background. Nestled by the Mississippi River, it combines natural beauty with Southern hospitality. The area offers ample recreational activities and is known for its annual cultural events, making it an appealing place for families and retirees alike.

Current Market Conditions in New Madrid, MO

The real estate market in New Madrid is currently favorable for buyers, with a variety of options available from starter homes to more spacious properties. The average home price tends to be lower than the national average, making it an attractive place for first-time homebuyers to invest in real estate.

As the economy continues to stabilize after recent challenges, New Madrid has shown a steady increase in property values, signaling a positive growth trend. Many potential residents are drawn to the area for its affordability, community spirit, and scenic river views.

Home Value Estimator For New Madrid, MO

There are currently 1,386 real estate properties in New Madrid, MO, with a median automated valuation model (AVM) price of $114,938.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Madrid, 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 New Madrid, MO, is $135,188.00, with the most expensive house in New Madrid, MO, topping out at $1,250,000.00 and the cheapest home in New Madrid, MO, clocking in at $20,060.00. In other words, there’s something for every potential homebuyer or savvy investor in New Madrid, MO!

Rent Prices In New Madrid, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Madrid, MO, is on a rollercoaster ride. The average rent price in New Madrid, MO, is $936.00. Indeed, when looking to rent in New Madrid, MO, you can expect to pay as little as $580.00 or as much as $1,760.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in New Madrid, 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.

New Madrid, MO Foreclosures

Market Trend for New Madrid, MO

Total Listings Available: 4

Market Values:

Home Prices from $20,060 to $1,250,000

Average Sales Price: $135,188

Rental Values:

Rental from $580 to $1,760

Average Rent Value: $936 / month

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