Rea, MO Foreclosures
Current Market Conditions in in Rea, MO As of April 2026?
Over the past month, REA's real estate market has experienced a modest uptick in home sales, with a 5% increase in average sale prices. This change reflects a growing interest in the area, partially driven by its attractive amenities and natural beauty. Additionally, the inventory remains at a healthy level, providing options for potential buyers.
How much do homes sell for in Rea, MO?
The average home price is currently $363,966.
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 $947,680.
What is currently the cheapest priced home in Rea, MO?
The cheapest home for sale in Rea is priced at $52,349.
Living in Rea, MO
Nestled in Missouri, REA is a quaint town that boasts a warm and inviting atmosphere. Residents enjoy a comfortable lifestyle with access to parks, local shops, and community events. It is an ideal location for those looking to escape the hustle and bustle of bigger cities while maintaining a sense of connection.
Buyer vs Seller Market in Rea, MO
The real estate market in REA, MO, is currently stable, with steady demand for affordable housing options. The town has seen a slight increase in home prices over the last quarter, indicating a growing interest in the area. With competitive pricing, it remains an attractive option for first-time homebuyers and families.
Properties in REA tend to sell quickly, often within a few weeks of being listed. The local market is characterized by single-family homes, many of which are ideal for those looking for space and a family-friendly environment.
Home Value Estimator For Rea, MO
There are currently 124 real estate properties
in Rea, MO,
with a median automated valuation model (AVM) price
of $325,175.00. 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 $363,966.00, with the most expensive house
in Rea, MO, topping out
at $947,680.00 and the cheapest home
in Rea, MO,
clocking in at $52,349.00. 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.
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