Steele, MO Foreclosures
How much do homes sell for in Steele, MO?
The average home price is currently $123,925.
What’s the average rental cost in Steele, MO?
The average rental price in Steele is $886.
What is the most expensive home in Steele?
The most expensive home sold in Steele had a price of $925,673.
What is currently the cheapest priced home in Steele, MO?
The cheapest home for sale in Steele is priced at $27,001.
Living in Steele, MO
Steele is a small, close-knit community situated in the southeastern part of Missouri. Known for its friendly atmosphere and rich agricultural heritage, Steele offers a peaceful lifestyle while being conveniently located near larger cities for additional amenities. The town hosts various local events that foster community spirit, making it an attractive place to call home.
Current Market Conditions in Steele, MO
The real estate market in Steele, MO, has shown stability over the past year, with home prices remaining relatively affordable compared to larger metropolitan areas. Demand for homes has benefited from low-interest rates, attracting both first-time buyers and investors looking for rental properties in a growing market.
Trends indicate a steady increase in the population as families seek quieter living environments without sacrificing convenience. This has led to more new constructions and renovations of existing homes, contributing to the overall improvement of the local market.
Home Value Estimator For Steele, MO
There are currently 856 real estate properties
in Steele, MO,
with a median automated valuation model (AVM) price
of $102,084.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Steele, 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 Steele, MO,
is $123,925.00, with the most expensive house
in Steele, MO, topping out
at $925,673.00 and the cheapest home
in Steele, MO,
clocking in at $27,001.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Steele, MO!
Rent Prices
In Steele, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Steele, MO, is on
a rollercoaster ride. The
average rent price in Steele, MO,
is $886.00. Indeed, when looking to rent in
Steele, MO, you can expect to pay as little
as $590.00 or as much
as $1,230.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Steele, 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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