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Foreclosure Homes in Sullivan, MO

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Sullivan, MO Foreclosures

How much do homes sell for in Sullivan, MO?
The average home price is currently $224,950.
In Sullivan, MO, how many homes are available?
There are currently 19 active home listings available in Sullivan.
What’s the average rental cost in Sullivan, MO?
The average rental price in Sullivan is $955.
What is the most expensive home in Sullivan?
The most expensive home sold in Sullivan had a price of $6,372,500.
What is currently the cheapest priced home in Sullivan, MO?
The cheapest home for sale in Sullivan is priced at $10,677.

Living in Sullivan, MO

Sullivan, Missouri, is a vibrant small town nestled in a picturesque landscape, ideal for families and individuals seeking a friendly community. With its close proximity to outdoor recreation, quality schools, and local amenities, Sullivan balances tranquility with accessibility. The city hosts a variety of local events and activities, making it a desirable place to live.

Current Market Conditions in Sullivan, MO

Sullivan's real estate market is currently on an upward trend, with more buyers entering the market due to the town's affordability and appeal. Homes are selling quicker than they were a year ago, and inventory is gradually decreasing as the demand for housing increases. This change in market dynamics is attributing to the rising price points as buyers recognize the value of living in this picturesque community.

The town has seen a rise in first-time home buyers, attracted by historically low interest rates and incentives for homeownership. As a result, it's not uncommon to see bidding wars on well-priced homes, contributing to the upward pressure on home prices.

Home Value Estimator For Sullivan, MO

There are currently 5,052 real estate properties in Sullivan, MO, with a median automated valuation model (AVM) price of $186,652.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sullivan, 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 Sullivan, MO, is $224,950.00, with the most expensive house in Sullivan, MO, topping out at $6,372,500.00 and the cheapest home in Sullivan, MO, clocking in at $10,677.00. In other words, there’s something for every potential homebuyer or savvy investor in Sullivan, MO!

Rent Prices In Sullivan, MO

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sullivan, MO, is on a rollercoaster ride. The average rent price in Sullivan, MO, is $955.00. Indeed, when looking to rent in Sullivan, MO, you can expect to pay as little as $500.00 or as much as $2,600.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Sullivan, 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.

Sullivan, MO Foreclosures


Market Trend for Sullivan, MO

Total Listings Available: 19

Market Values:

Home Prices from $10,677 to $6,372,500

Average Sales Price: $224,950

Rental Values:

Rental from $500 to $2,600

Average Rent Value: $955 / month

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