There are currently 247 real estate properties in Jerico Springs, MO, with a median automated valuation model (AVM) price of $218,707.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Jerico Springs, 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 Jerico Springs, MO, is $1,505,681.00, with the most expensive house in Jerico Springs, MO, topping out at $96,235,300.00 and the cheapest home in Jerico Springs, MO, clocking in at $14,832.00. In other words, there’s something for every potential homebuyer or savvy investor in Jerico Springs, MO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Jerico Springs, MO, is on a rollercoaster ride. The average rent price in Jerico Springs, MO, is $1,021.00. Indeed, when looking to rent in Jerico Springs, MO, you can expect to pay as little as $750.00 or as much as $1,840.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Jerico Springs, 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.
Jerico Springs is located in Cedar, Missouri, with an estimated municipal population of 231 residents. All of the best foreclosed homes for sale in Jerico Springs are located in the following zip code areas on Foreclosure.com: 64756. The estimated population per square kilometer (.62 miles) in Jerico Springs is 130.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Jerico Springs, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Jerico Springs is 36.9, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Jerico Springs is 35.9, with an average family size of 3.05.
The percentage of residents who report their race in Jerico Springs is as follows:
| White | 100% |
| Black / African American | 0% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Jerico Springs? Or maybe you are searching for 55+ active adult communities in and/or near Jerico Springs?
The percentage of residents who report their age in Jerico Springs is as follows:
| Under 10 | 11.8% |
| Aged 10-19 | 19.9% |
| 20s | 13.2% |
| 30s | 11.8% |
| 40s | 9.7% |
| 50s | 12.3% |
| 60s | 11.8% |
| 70s | 5.5% |
| 80+ | 3.8% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Jerico Springs with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Jerico Springs.
How do you know that living in -- or moving to -- Jerico Springs is right where you need to be? Perhaps you grew up in Jerico Springs or already live nearby; therefore, the decision to buy a home in Jerico Springs is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Jerico Springs for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Jerico Springs:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Jerico Springs.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Jerico Springs can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Jerico Springs, meanwhile, can field multiple offers from more qualified buyers.
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