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Cheap Homes in Richland, MO

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Richland, MO Foreclosures

How much do homes sell for in Richland, MO?
The average home price is currently $234,469.
What’s the average rental cost in Richland, MO?
The average rental price in Richland is $1,013.
What is the most expensive home in Richland?
The most expensive home sold in Richland had a price of $1,897,697.
What is currently the cheapest priced home in Richland, MO?
The cheapest home for sale in Richland is priced at $23,861.

Living in Richland, MO

Richland, MO, is a quaint small town that offers a tranquil rural lifestyle for families and individuals. With its community-centric vibe, it provides residents with essential amenities alongside opportunities for outdoor recreation. The town's blend of local charm and proximity to larger cities makes it an appealing place to call home.

Current Market Conditions in Richland, MO

The real estate market in Richland, MO, has shown steady growth over the past year, driven by an increasing interest in affordable housing options and a desire for a quieter lifestyle amidst nature. Home prices remain competitive, particularly for first-time homebuyers looking for single-family homes and smaller properties.

In recent months, there has been a notable rise in housing inventory, indicating a healthy market dynamic. Sellers are encouraged to list their properties, while buyers are exploring options that fit their needs. The market presents opportunities for both buyers and sellers, with favorable conditions and reasonable price ranges.

Home Value Estimator For Richland, MO

There are currently 1,481 real estate properties in Richland, MO, with a median automated valuation model (AVM) price of $195,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Richland, 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 Richland, MO, is $234,469.00, with the most expensive house in Richland, MO, topping out at $1,897,697.00 and the cheapest home in Richland, MO, clocking in at $23,861.00. In other words, there’s something for every potential homebuyer or savvy investor in Richland, MO!

Rent Prices In Richland, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Richland, MO, is on a rollercoaster ride. The average rent price in Richland, MO, is $1,013.00. Indeed, when looking to rent in Richland, MO, you can expect to pay as little as $460.00 or as much as $2,340.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Richland, 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.

Cheap Homes in Richland, MO


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