Olean, MO Foreclosures
How much do homes sell for in Olean, MO?
The average home price is currently $232,174.
In Olean, MO, how many homes are available?
There are currently 3 active home listings available in Olean.
What’s the average rental cost in Olean, MO?
The average rental price in Olean is $960.
What is the most expensive home in Olean?
The most expensive home sold in Olean had a price of $871,738.
What is currently the cheapest priced home in Olean, MO?
The cheapest home for sale in Olean is priced at $13,777.
Living in Olean, MO
Olean, MO, is a picturesque rural town that offers a serene lifestyle surrounded by nature's beauty. With friendly residents and a laid-back atmosphere, it is perfect for those looking to escape the hustle and bustle of city life. The community is known for its excellent outdoor recreational opportunities and a strong sense of community.
Current Market Conditions in Olean, MO
The current real estate market in Olean, MO, is characterized by a stable demand for homes. Buyers are taking advantage of favorable interest rates, while homes tend to sell relatively quickly due to the small inventory available. The average home price is modest compared to urban areas, attracting both first-time buyers and those looking for vacation homes.
As more people seek out rural living, Olean's real estate market is showing signs of growth. The influx of new residents from larger cities has led to increased interest in properties, resulting in slight price increases over the past year. Additionally, homes with land are particularly desirable, providing opportunities for gardening and outdoor activities.
Home Value Estimator For Olean, MO
There are currently 251 real estate properties
in Olean, MO,
with a median automated valuation model (AVM) price
of $212,460.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Olean, 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 Olean, MO,
is $232,174.00, with the most expensive house
in Olean, MO, topping out
at $871,738.00 and the cheapest home
in Olean, MO,
clocking in at $13,777.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Olean, MO!
Rent Prices
In Olean, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Olean, MO, is on
a rollercoaster ride. The
average rent price in Olean, MO,
is $960.00. Indeed, when looking to rent in
Olean, MO, you can expect to pay as little
as $690.00 or as much
as $1,790.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Olean, 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.
Learn more on Foreclosure homes
