Rea, MO Foreclosures
How much do homes sell for in Rea, MO?
The average home price is currently $343,368.
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 $901,675.
What is currently the cheapest priced home in Rea, MO?
The cheapest home for sale in Rea is priced at $44,440.
Living in Rea, MO
REA, MO, is a tranquil community known for its welcoming atmosphere and recreational opportunities. The town balances rural charm with convenient access to essential amenities and larger urban centers. Ideal for those seeking a peaceful lifestyle without sacrificing accessibility to city life.
Current Market Conditions in Rea, MO
The REA real estate market has shown consistent stability with moderate growth over the last few months, influenced by low inventory and increased demand for homes in smaller towns as more people seek a quieter lifestyle.
Currently, the market is favorable for sellers, with properties often receiving multiple offers. However, buyers are still finding value as home prices remain reasonable compared to larger urban markets.
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 $322,518.00. 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 $343,368.00, with the most expensive house
in Rea, MO, topping out
at $901,675.00 and the cheapest home
in Rea, MO,
clocking in at $44,440.00. 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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