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Foreclosures in Old Monroe, MO

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Living in Old Monroe, MO

Old Monroe, MO is a charming small town that offers a peaceful rural lifestyle with friendly neighbors and a strong sense of community. The area features excellent schools, beautiful parks, and local amenities that cater to residents' daily needs. Old Monroe is perfect for those looking for tranquility while still being within reach of urban conveniences.

Current Market Conditions in Old Monroe, MO

The real estate market in Old Monroe, MO is currently showing a trend towards stability, with property values appreciating gradually over time. There is a balanced mix of buyers and sellers, contributing to a healthy market in this charming community.

Investors can find opportunities in both single-family homes and multifamily units as they continue to attract buyers and renters alike. The demand for homes in the area remains steady, particularly due to the town's appealing lifestyle and proximity to larger urban areas.

Home Value Estimator For Old Monroe, MO

There are currently 1,004 real estate properties in Old Monroe, MO, with a median automated valuation model (AVM) price of $315,437.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Old Monroe, 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 Old Monroe, MO, is $340,946.00, with the most expensive house in Old Monroe, MO, topping out at $980,400.00 and the cheapest home in Old Monroe, MO, clocking in at $14,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Old Monroe, MO!

Rent Prices In Old Monroe, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Old Monroe, MO, is on a rollercoaster ride. The average rent price in Old Monroe, MO, is $1,372.00. Indeed, when looking to rent in Old Monroe, MO, you can expect to pay as little as $660.00 or as much as $2,290.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Old Monroe, 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.

Old Monroe, MO Foreclosures

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