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Rent To Own Homes in Old Monroe, MO

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Living in Old Monroe, MO

Old Monroe, MO, is a serene small town with a welcoming community atmosphere. Residents enjoy a peaceful lifestyle with access to essential amenities and beautiful natural surroundings. The area boasts a rich history and is perfect for those who appreciate a close-knit community.

Current Market Conditions in Old Monroe, MO

Old Monroe currently exhibits a steady real estate market with increasing interest due to its attractive lifestyle appeal. Home prices have shown moderate growth recently, as more individuals and families seek to escape larger urban areas and embrace the tranquility of rural living.

The market in the region is seeing a trend towards increased demand for single-family homes, particularly those with land, as buyers desire more space and privacy. Overall, Old Monroe is becoming increasingly appealing to prospective homebuyers looking for a change.

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 $326,611.00. 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 $351,168.00, with the most expensive house in Old Monroe, MO, topping out at $1,000,000.00 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 Rent To Own Homes

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