Rea, MO Foreclosures
How much do homes sell for in Rea, MO?
The average home price is currently $342,438.
In Rea, MO, how many homes are available?
There are currently 1 active home listings available in Rea.
What’s the average rental cost in Rea, MO?
The average rental price in Rea is $1,155.
What is the most expensive home in Rea?
The most expensive home sold in Rea had a price of $883,611.
What is currently the cheapest priced home in Rea, MO?
The cheapest home for sale in Rea is priced at $54,625.
Living in Rea, MO
Rea, MO is a serene rural community known for its close-knit atmosphere and beautiful natural surroundings. Residents enjoy a peaceful lifestyle with access to outdoor activities and local events. While amenities are limited, the charm of Rea lies in its simplicity and tranquility.
Current Market Conditions in Rea, MO
Currently, the real estate market in Rea, MO is characterized by stability, with a steady demand for houses due to the area's appealing rural lifestyle. The population consists largely of families and retirees, contributing to a balanced market environment. Homes tend to maintain their value, making this location a great option for long-term investment.
There has been an observed trend of properties being snapped up quickly, indicating a healthy interest in homeownership within the community. However, the limited inventory somewhat constrains buyer options.
Home Value Estimator For Rea, MO
There are currently 118 real estate properties
in Rea, MO,
with a median automated valuation model (AVM) price
of $314,340.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rea, 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 Rea, MO,
is $342,438.00, with the most expensive house
in Rea, MO, topping out
at $883,611.00 and the cheapest home
in Rea, MO,
clocking in at $54,625.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rea, MO!
Rent Prices
In Rea, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rea, MO, is on
a rollercoaster ride. The
average rent price in Rea, MO,
is $1,155.00. Indeed, when looking to rent in
Rea, MO, you can expect to pay as little
as $660.00 or as much
as $1,830.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Rea, 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
