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Bankruptcy Homes in Salem, MO

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Salem, MO Foreclosures

How much do homes sell for in Salem, MO?
The average home price is currently $212,293.
In Salem, MO, how many homes are available?
There are currently 8 active home listings available in Salem.
What’s the average rental cost in Salem, MO?
The average rental price in Salem is $1,028.
What is the most expensive home in Salem?
The most expensive home sold in Salem had a price of $5,882,400.
What is currently the cheapest priced home in Salem, MO?
The cheapest home for sale in Salem is priced at $12,072.

Living in Salem, MO

Salem, Missouri, is a picturesque town nestled in the Ozarks, known for its friendly community and beautiful natural surroundings. It offers a rich blend of history and modern living, with access to outdoor activities, quality education, and a variety of local amenities. Its convenient location and charming atmosphere make it a desirable place to live.

Current Market Conditions in Salem, MO

The real estate market in Salem, MO, has shown a steady increase over the past few years, reflecting the growing interest in the area due to its natural beauty and affordability. Homes are relatively affordable compared to nearby urban areas, attracting both first-time buyers and retirees seeking a peaceful lifestyle.

Currently, the demand for homes in Salem has increased, leading to a competitive market with homes selling at or above asking price. This trend is buoyed by low interest rates and a desire for more spacious living as remote work options become more common.

Home Value Estimator For Salem, MO

There are currently 4,519 real estate properties in Salem, MO, with a median automated valuation model (AVM) price of $175,205.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Salem, 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 Salem, MO, is $212,293.00, with the most expensive house in Salem, MO, topping out at $5,882,400.00 and the cheapest home in Salem, MO, clocking in at $12,072.00. In other words, there’s something for every potential homebuyer or savvy investor in Salem, MO!

Rent Prices In Salem, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Salem, MO, is on a rollercoaster ride. The average rent price in Salem, MO, is $1,028.00. Indeed, when looking to rent in Salem, MO, you can expect to pay as little as $490.00 or as much as $2,120.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Salem, 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.

Salem, MO Bankruptcy Homes


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