Rea, MO Foreclosures
How much do homes sell for in Rea, MO?
The average home price is currently $326,717.
In Rea, MO, how many homes are available?
There are currently 30 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 $855,628.
What is currently the cheapest priced home in Rea, MO?
The cheapest home for sale in Rea is priced at $52,935.
Living in Rea, MO
REA, MO is a quaint small town known for its close-knit community and access to beautiful nature. With a number of parks and outdoor activities, it is a great place for families and nature lovers. The location boasts essential amenities and local businesses that promote a community-focused lifestyle.
Current Market Conditions in Rea, MO
The real estate market in REA, MO is currently stable with a healthy mix of listings available for potential buyers. Homes in this area have generally maintained their value, reflecting a steady demand among homebuyers who appreciate the combination of small-town charm and natural beauty. Additionally, the demographic trends indicate a gradual increase in the number of young families moving to the area, looking for affordable housing and a safe environment for their children.
While listings are limited, the prices are relatively affordable compared to larger cities, making it an attractive option for first-time homebuyers and retirees alike. As the quality of life continues to draw interest, REA remains a competitive market in the regional landscape.
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 $308,776.00. 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 $326,717.00, with the most expensive house
in Rea, MO, topping out
at $855,628.00 and the cheapest home
in Rea, MO,
clocking in at $52,935.00. 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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