Living in Silva, MO
Silva, MO, is a small, friendly town known for its community atmosphere and beautiful natural surroundings. With a range of recreational activities available, it is an excellent choice for families and retirees. The area provides essential amenities and is conveniently located near major highways for easy transportation.
Current Market Conditions in Silva, MO
Currently, the real estate market in Silva, MO, is presenting opportunities for investment with reasonable home prices attracting buyers. The market tends to favor standard family homes, with an increasing interest from young families and retirees seeking peaceful rural surroundings.
Despite being a small town, Silva is experiencing gradual growth in home values, which can lead to potential appreciation for those looking to invest. The area remains competitive yet affordable compared to urban counterparts, making it an appealing option for investors.
Home Value Estimator For Silva, MO
There are currently 39 real estate properties
in Silva, MO,
with a median automated valuation model (AVM) price
of $98,442.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Silva, 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 Silva, MO,
is $130,894.00, with the most expensive house
in Silva, MO, topping out
at $468,655.00 and the cheapest home
in Silva, MO,
clocking in at $39,928.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Silva, MO!
Rent Prices
In Silva, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Silva, MO, is on
a rollercoaster ride. The
average rent price in Silva, MO,
is $1,060.00. Indeed, when looking to rent in
Silva, MO, you can expect to pay as little
as $920.00 or as much
as $1,360.00,
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 Silva, 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.