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Short Sale Listings in Steelville, MO

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Living in Steelville, MO

Steelville, Missouri, boasts a picturesque setting and a vibrant community life, ideal for families and outdoor enthusiasts. The town's charm is enhanced by its local amenities and recreational opportunities, making it a desirable location for real estate investment. With an active lifestyle, friendly community spirit, and rich natural surroundings, Steelville presents a unique market for property buyers.

Current Market Conditions in Steelville, MO

The real estate market in Steelville is characterized by affordability and a growing interest from buyers looking for vacation homes or permanent residences in a tranquil environment. With increasing demand for properties in the Ozarks, there is steady appreciation in home values, attracting both local and out-of-state investors.

Investors can benefit from the relatively low entry price point for homeownership in Steelville. The community efforts to promote tourism and improve local amenities are showcasing a positive trend, driving interest in the housing market. This makes it a strategic choice for investors looking for properties with potential for appreciation and rental income.

Home Value Estimator For Steelville, MO

There are currently 1,294 real estate properties in Steelville, MO, with a median automated valuation model (AVM) price of $162,020.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Steelville, 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 Steelville, MO, is $191,162.00, with the most expensive house in Steelville, MO, topping out at $1,194,543.00 and the cheapest home in Steelville, MO, clocking in at $14,438.00. In other words, there’s something for every potential homebuyer or savvy investor in Steelville, MO!

Rent Prices In Steelville, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Steelville, MO, is on a rollercoaster ride. The average rent price in Steelville, MO, is $999.00. Indeed, when looking to rent in Steelville, MO, you can expect to pay as little as $570.00 or as much as $2,320.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Steelville, 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.

Steelville, MO Short Sale Listings


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