Living in Washington, MO
Washington, MO, is a beautiful riverside town known for its vibrant downtown and strong community spirit. Residents enjoy a mix of historical charm and modern amenities, with ample recreational opportunities and well-regarded schools. With its stunning views and welcoming atmosphere, Washington is ideal for families and those looking to escape the hustle of city living.
Current Market Conditions in Washington, MO
The real estate market in Washington, MO, has seen steady growth in recent years, with many buyers drawn to the area's affordability and quality of life. There is a healthy mix of single-family homes, townhouses, and some luxury options available for those interested in moving to the region.
There has been an influx of buyers looking for suburban homes, particularly as remote work has allowed many to seek housing outside major metropolitan areas. This trend has kept demand high, and inventory is gradually decreasing, making it a favorable market for sellers.
Home Value Estimator For Washington, MO
There are currently 8,942 real estate properties
in Washington, MO,
with a median automated valuation model (AVM) price
of $271,319.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Washington, 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 Washington, MO,
is $307,735.00, with the most expensive house
in Washington, MO, topping out
at $10,000,000.00 and the cheapest home
in Washington, MO,
clocking in at $20,389.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Washington, MO!
Rent Prices
In Washington, MO
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Washington, MO, is on
a rollercoaster ride. The
average rent price in Washington, MO,
is $1,089.00. Indeed, when looking to rent in
Washington, MO, you can expect to pay as little
as $480.00 or as much
as $2,520.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Washington, 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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