Living in Phillipsburg, MO
Phillipsburg, Missouri, offers a serene, rural lifestyle in a close-knit community with access to the natural beauty of the Ozarks. Residents enjoy various outdoor activities and amenities that foster a strong sense of community. It's an ideal location for families and individuals looking for a peaceful environment.
Current Market Conditions in Phillipsburg, MO
The real estate market in Phillipsburg is currently experiencing stable growth with a slight increase in home prices due to rising demand. The community's charm and affordable housing options continue to attract buyers looking for homes away from the hustle and bustle of urban environments.
Inventory remains relatively low, leading to competitive offers on homes, particularly those that are well-maintained. First-time homebuyers may find it challenging due to rising prices, but opportunities for investment exist, especially in renovating older homes.
Home Value Estimator For Phillipsburg, MO
There are currently 305 real estate properties
in Phillipsburg, MO,
with a median automated valuation model (AVM) price
of $238,419.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Phillipsburg, 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 Phillipsburg, MO,
is $260,851.00, with the most expensive house
in Phillipsburg, MO, topping out
at $770,013.00 and the cheapest home
in Phillipsburg, MO,
clocking in at $57,274.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Phillipsburg, MO!
Rent Prices
In Phillipsburg, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Phillipsburg, MO, is on
a rollercoaster ride. The
average rent price in Phillipsburg, MO,
is $1,032.00. Indeed, when looking to rent in
Phillipsburg, MO, you can expect to pay as little
as $520.00 or as much
as $1,810.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Phillipsburg, 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.
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