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
Located in the heart of rural America, Rea, MO, offers a quiet and friendly environment, making it ideal for families and retirees alike. Enjoy outdoor activities, local amenities, and a strong sense of community. Rea seamlessly combines the charm of small-town living with convenient access to essential services.
Current Market Conditions in Rea, MO
The real estate market in Rea, MO, has seen stable prices with slight appreciation over the past year, attracting homebuyers seeking affordable housing in a peaceful area. The demand for properties has increased among families and retirees, making it an appealing market for potential investors as well.
There is a growing trend towards rural living, with more individuals looking to relocate from congested urban areas to smaller towns like Rea. This trend has fostered a competitive market, though homes still remain affordably priced compared to larger towns.
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
