Living in Pilot Knob, MO
Pilot Knob, MO, is a quaint town in Iron County that offers a peaceful rural lifestyle surrounded by nature's beauty and rich history. Families will find a strong sense of community and quality educational institutions. The area provides various outdoor activities, making it a perfect retreat for nature lovers.
Current Market Conditions in Pilot Knob, MO
The real estate market in Pilot Knob shows a stable growth trend, with property values appreciating steadily due to the area's increasing popularity among homebuyers looking for affordable housing in a scenic environment. Investors can expect a favorable return on investment as demand for homes continues to rise.
Currently, the inventory of homes for sale is moderately low, leading to a competitive market for buyers. This scenario provides real estate investors with valuable opportunities to acquire properties either for resale or rental, tapping into a growing demographic looking for second homes and vacation properties.
Home Value Estimator For Pilot Knob, MO
There are currently 137 real estate properties
in Pilot Knob, MO,
with a median automated valuation model (AVM) price
of $128,753.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pilot Knob, 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 Pilot Knob, MO,
is $146,466.00, with the most expensive house
in Pilot Knob, MO, topping out
at $469,886.00 and the cheapest home
in Pilot Knob, MO,
clocking in at $57,988.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pilot Knob, MO!
Rent Prices
In Pilot Knob, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pilot Knob, MO, is on
a rollercoaster ride. The
average rent price in Pilot Knob, MO,
is $920.00. Indeed, when looking to rent in
Pilot Knob, MO, you can expect to pay as little
as $920.00 or as much
as $920.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Pilot Knob, 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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