Living in Peabody, KS
Peabody, KS is a quaint small town perfect for those looking for a peaceful lifestyle. It features a close-knit community, local amenities, and beautiful parks. With outdoor activities and a rich history, Peabody excels in providing a relaxed atmosphere for residents.
Current Market Conditions in Peabody, KS
The real estate market in Peabody, KS has been showing steady growth, with a noticeable increase in interest from buyers seeking affordable homes in a desirable location. The demand for single-family homes remains strong, and prices have started to inch upward, offering a great investment opportunity.
Investors will find that properties in Peabody often sell quickly, with many listings receiving multiple offers. This trend suggests a competitive market, making it essential for potential buyers to act swiftly when they find a suitable property.
Home Value Estimator For Peabody, KS
There are currently 698 real estate properties
in Peabody, KS,
with a median automated valuation model (AVM) price
of $97,993.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Peabody, 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 Peabody, KS,
is $148,060.00, with the most expensive house
in Peabody, KS, topping out
at $726,138.00 and the cheapest home
in Peabody, KS,
clocking in at $13,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Peabody, KS!
Rent Prices
In Peabody, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Peabody, KS, is on
a rollercoaster ride. The
average rent price in Peabody, KS,
is $920.00. Indeed, when looking to rent in
Peabody, KS, you can expect to pay as little
as $520.00 or as much
as $2,120.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Peabody, 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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