Living in Warrensburg, MO
Warrensburg, MO, is a beautiful small town that brings together a charming community atmosphere with strong educational ties to the University of Central Missouri. Residents enjoy a variety of amenities, recreational options, and a commitment to community activities. Within easy reach of major transportation routes, Warrensburg provides ample opportunities for both work and leisure.
Current Market Conditions in Warrensburg, MO
The real estate market in Warrensburg has shown steady growth over the past few years, particularly due to its appeal as a college town. With a balanced mix of single-family homes, apartments, and rental properties, buyers and investors alike can find opportunities that fit their needs. The housing market remains competitive as families and students seek to live in proximity to the university.
In recent months, the demand for housing has increased, driven by students returning to campus and families relocating for job opportunities. As a result, home values have experienced a modest but consistent appreciation, making this a favorable time for both sellers and buyers.
Home Value Estimator For Warrensburg, MO
There are currently 7,503 real estate properties
in Warrensburg, MO,
with a median automated valuation model (AVM) price
of $252,225.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Warrensburg, 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 Warrensburg, MO,
is $276,446.00, with the most expensive house
in Warrensburg, MO, topping out
at $4,112,498.00 and the cheapest home
in Warrensburg, MO,
clocking in at $15,491.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Warrensburg, MO!
Rent Prices
In Warrensburg, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Warrensburg, MO, is on
a rollercoaster ride. The
average rent price in Warrensburg, MO,
is $1,225.00. Indeed, when looking to rent in
Warrensburg, MO, you can expect to pay as little
as $540.00 or as much
as $2,460.00,
with the average rent median estimated to
be $1,220.00. The good news is that finding
an affordable and desirable property to rent in Warrensburg, 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.