Plato, MO Foreclosures
How much do homes sell for in Plato, MO?
The average home price is currently $247,619.
What’s the average rental cost in Plato, MO?
The average rental price in Plato is $1,017.
What is the most expensive home in Plato?
The most expensive home sold in Plato had a price of $2,426,500.
What is currently the cheapest priced home in Plato, MO?
The cheapest home for sale in Plato is priced at $40,583.
Living in Plato, MO
Plato, Missouri is a quaint rural town with a warm community atmosphere. It offers a peaceful lifestyle with access to nature and essential amenities, making it an ideal spot for families and those seeking a quieter life. The local schools provide good educational options, supporting families in the area.
Current Market Conditions in Plato, MO
The real estate market in Plato, MO is stable with a mix of affordable homes and some slightly higher-end properties. As a rural area, home prices tend to be lower than the national average, attracting buyers seeking value in their investment. The community is seeing a gradual increase in interest from families and retirees looking for a quieter, countryside lifestyle.
Recent changes in the market have highlighted a growing demand for homes in rural areas due to the increased remote working opportunities prompted by the pandemic. As a result, prices have seen a slight upward trend, yet the overall affordability remains a significant draw for buyers.
Home Value Estimator For Plato, MO
There are currently 543 real estate properties
in Plato, MO,
with a median automated valuation model (AVM) price
of $223,516.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Plato, 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 Plato, MO,
is $247,619.00, with the most expensive house
in Plato, MO, topping out
at $2,426,500.00 and the cheapest home
in Plato, MO,
clocking in at $40,583.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Plato, MO!
Rent Prices
In Plato, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Plato, MO, is on
a rollercoaster ride. The
average rent price in Plato, MO,
is $1,017.00. Indeed, when looking to rent in
Plato, MO, you can expect to pay as little
as $430.00 or as much
as $1,690.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Plato, 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
