There are currently 2,519 real estate properties in Villa Ridge, MO, with a median automated valuation model (AVM) price of $127,264.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Villa Ridge, 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 Villa Ridge, MO, is $154,715.00, with the most expensive house in Villa Ridge, MO, topping out at $3,534,000.00 and the cheapest home in Villa Ridge, MO, clocking in at $10,613.00. In other words, there’s something for every potential homebuyer or savvy investor in Villa Ridge, MO!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Villa Ridge, MO, is on a rollercoaster ride. The average rent price in Villa Ridge, MO, is $1,076.00. Indeed, when looking to rent in Villa Ridge, MO, you can expect to pay as little as $520.00 or as much as $2,660.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Villa Ridge, 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.
Villa Ridge is located in Franklin, Missouri, with an estimated municipal population of 2,603 residents. All of the best foreclosed homes for sale in Villa Ridge are located in the following zip code areas on Foreclosure.com: 63089. The estimated population per square kilometer (.62 miles) in Villa Ridge is 208.
So, about how much do homes cost in Villa Ridge? The most recent median value of resident-owned homes in Villa Ridge is 146,280. An estimated 81.1 percent of households in Villa Ridge own their homes, with an average family size of 2.99. The median household income in Villa Ridge is 55,352, with18.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Villa Ridge, the median commute time of resident workers (in minutes) is 25.6. And last, but certainly not least, are you looking for homes to rent in Villa Ridge? If so, the average rent price paid by renters in Villa Ridge is 1,220, according to recent statistics.
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 Villa Ridge, 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 Villa Ridge is 53.3, split between 53.2 percent male versus 46.8 female. The percentage of residents who report being married in Villa Ridge is 52.9, with an average family size of 2.99.
The percentage of residents who report their race in Villa Ridge is as follows:
| White | 97.2% |
| Black / African American | 2.1% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.7% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Villa Ridge? Or maybe you are searching for 55+ active adult communities in and/or near Villa Ridge?
The percentage of residents who report their age in Villa Ridge is as follows:
| Under 10 | 9.2% |
| Aged 10-19 | 7.7% |
| 20s | 6.3% |
| 30s | 8.6% |
| 40s | 10.3% |
| 50s | 27.6% |
| 60s | 17% |
| 70s | 11.5% |
| 80+ | 1.8% |
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 Villa Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Villa Ridge.
How do you know that living in -- or moving to -- Villa Ridge is right where you need to be? Perhaps you grew up in Villa Ridge or already live nearby; therefore, the decision to buy a home in Villa Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Villa Ridge 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 Villa Ridge:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Villa Ridge.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Villa Ridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Villa Ridge, meanwhile, can field multiple offers from more qualified buyers.
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