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Why are the prices for some houses that I see for sale are only 3000 dollars?

  • August 13 2011 - Middletown
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Answers (4)

It is more likely rental price. Listing agents sometime accidentally insert for sale instead of for rent.

  • September 09 2011
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The zestimate sometimes gives you a possible mortgage or rental per month payment. Most of the time this occurs when the property is not currently for sale and the default is the rental/mortgage payment amount
  • September 09 2011
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errors on hehalf of RE websites taht perhpas hould be nidiating retnal than sale. Unfotunately, RE and technology has only merged in the last 5 years or so with the empases on the last 3 years, so thereforee, there remains many bugs to ge worked out.
  • August 13 2011
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Profile picture for the_country_hick
Some feeds to zillow either accidentally or on purpose show "for sale" when it is really the price for renting each month.

Perhaps in a place like Detroit you will find a house that cheap. Almost everywhere else it is a mistake showing a rental payment instead of a for sale price. Most every time if you follow the link to the listing agents site you will see that as a rental price.
  • August 13 2011
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