Sumner, MO Foreclosures
How much do homes sell for in Sumner, MO?
The average home price is currently $164,726.
In Sumner, MO, how many homes are available?
There are currently 8 active home listings available in Sumner.
What’s the average rental cost in Sumner, MO?
The average rental price in Sumner is $780.
What is the most expensive home in Sumner?
The most expensive home sold in Sumner had a price of $652,003.
What is currently the cheapest priced home in Sumner, MO?
The cheapest home for sale in Sumner is priced at $34,208.
Living in Sumner, MO
Sumner is a small, charming town in rural Missouri, known for its welcoming community and rich agricultural history. With a serene atmosphere, it offers a slower pace of life and beautiful scenic views. The local economy is supported by small businesses and farming, creating a unique local culture.
Current Market Conditions in Sumner, MO
Sumner's real estate market remains stable, reflecting a slight increase in property values over the past year. The demand for homes, particularly for families seeking a quiet environment, has made properties in the area desirable. With limited listings, buyers may need to act quickly when homes do come onto the market, which holds promise for potential real estate investors looking for long-term value.
Due to its rural location, Sumner's market tends to show resilience even in fluctuating economic conditions. Recent trends indicate a growing interest from first-time homebuyers and those looking to escape urban life for more spacious homes with land. This increased demand is likely to sustain positive growth in home prices.
Home Value Estimator For Sumner, MO
There are currently 99 real estate properties
in Sumner, MO,
with a median automated valuation model (AVM) price
of $84,248.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sumner, 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 Sumner, MO,
is $164,726.00, with the most expensive house
in Sumner, MO, topping out
at $652,003.00 and the cheapest home
in Sumner, MO,
clocking in at $34,208.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sumner, MO!
Rent Prices
In Sumner, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sumner, MO, is on
a rollercoaster ride. The
average rent price in Sumner, MO,
is $780.00. Indeed, when looking to rent in
Sumner, MO, you can expect to pay as little
as $540.00 or as much
as $1,430.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Sumner, 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.
Learn more on Foreclosure homes
