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Short Sale Listings in Silex, MO

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Living in Silex, MO

Silex, MO is a peaceful small town that offers a charming atmosphere away from the hustle and bustle of big cities. It features ample outdoor activities, community events, and local amenities, making it a desirable location for families and retirees. Residents appreciate the balance of rural tranquility and convenient access to nearby urban centers.

Current Market Conditions in Silex, MO

The Silex real estate market has shown a steady increase in demand as more people seek affordable housing options combined with a rural lifestyle. This trend indicates a growing interest in homeownership in smaller towns, making Silex an attractive option for potential buyers and investors.

With the cost of living remaining relatively low compared to urban areas, Silex presents opportunities for real estate investors looking for solid returns. The influx of new residents and small businesses contributing to the local economy further supports a positive market outlook.

Home Value Estimator For Silex, MO

There are currently 1,048 real estate properties in Silex, MO, with a median automated valuation model (AVM) price of $321,623.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Silex, 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 Silex, MO, is $354,807.00, with the most expensive house in Silex, MO, topping out at $1,642,710.00 and the cheapest home in Silex, MO, clocking in at $23,016.00. In other words, there’s something for every potential homebuyer or savvy investor in Silex, MO!

Rent Prices In Silex, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Silex, MO, is on a rollercoaster ride. The average rent price in Silex, MO, is $1,324.00. Indeed, when looking to rent in Silex, MO, you can expect to pay as little as $680.00 or as much as $2,440.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Silex, 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.

Silex, MO Short Sale Listings

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