Oak Grove, MO Housing

Oak Grove, MO is a great place to live and invest in real estate. The housing median value in Oak Grove is $265,400, which is much lower than the US House Median Value of $338,100. Furthermore, the 1-year House Appreciation rate for Oak Grove is 13.07%, higher than the US average of 8.27%. This information suggests that investing in residential property in Oak Grove can be a very smart decision for potential homeowners. With such an affordable median price and strong appreciation rates, Oak Grove presents an ideal opportunity for individuals looking to purchase or invest in a home.

The median home cost in Oak Grove is $265,400. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Oak Grove is up 16.3%.

Average Age of Homes

- The median age of Oak Grove real estate is 30 years old

The Rental Market in Oak Grove

- Renters make up 32.6% of the Oak Grove population
- 1.5% of houses and apartments in Oak Grove, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Oak Grove, Missouri	United States
	3,048.0	139,647,020.0
	38	42
	$265,400	$338,100
	16.3%	16.6%
	62.9%	57.0%
	100.6%	101.1%
	$12.44	$10.98
	$1,937	$2,690
	60.2%	57.4%
	6.8%	11.2%
	33.0%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.4%	2.4%
	0.5%	2.8%
	2.5%	3.9%
	6.4%	4.5%
	36.6%	11.3%
	24.0%	13.0%
	17.3%	20.1%
	10.1%	13.6%
	0.0%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.9%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.4%	13.6%
	18.4%	13.6%
	19.9%	13.6%
	10.2%	13.2%
	24.6%	14.8%
	19.9%	13.6%
	5.2%	10.0%
	1.6%	4.7%
	8.4%	12.2%