Richards, MO Foreclosures
How much do homes sell for in Richards, MO?
The average home price is currently $311,310.
What’s the average rental cost in Richards, MO?
The average rental price in Richards is $1,102.
What is the most expensive home in Richards?
The most expensive home sold in Richards had a price of $4,262,700.
What is currently the cheapest priced home in Richards, MO?
The cheapest home for sale in Richards is priced at $26,737.
Living in Richards, MO
Richards, MO is a small and welcoming town that embodies the spirit of rural America. It offers a peaceful lifestyle and supportive community, all while being close to larger cities for added conveniences. Residents enjoy easy access to nature and outdoor activities, making it ideal for families and retirees.
Current Market Conditions in Richards, MO
The current real estate market in Richards, MO is favorable for both buyers and sellers. With home prices remaining relatively stable, there has been a modest increase in demand, particularly among first-time homebuyers and families looking for a quiet place to settle down. Inventory remains limited, which may create competition among buyers for well-maintained homes.
Investors are taking an interest in the area due to its affordability and potential for growth. Additionally, the surrounding regions are undergoing development, which could lead to increased property values in the coming years.
Home Value Estimator For Richards, MO
There are currently 193 real estate properties
in Richards, MO,
with a median automated valuation model (AVM) price
of $264,520.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Richards, 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 Richards, MO,
is $311,310.00, with the most expensive house
in Richards, MO, topping out
at $4,262,700.00 and the cheapest home
in Richards, MO,
clocking in at $26,737.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Richards, MO!
Rent Prices
In Richards, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Richards, MO, is on
a rollercoaster ride. The
average rent price in Richards, MO,
is $1,102.00. Indeed, when looking to rent in
Richards, MO, you can expect to pay as little
as $530.00 or as much
as $1,980.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Richards, 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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