The housing market in the Joplin, MO Metro Area is quite strong. According to a recent survey, the median value of housing in the area is $197,500, much lower than the US median value of $338,100. Despite this discrepancy in median value, the 1 year house appreciation rate for Joplin was 10.78%, higher than the US average of 8.27%. This shows that investment in property within Joplin has been increasing steadily and will likely continue to do so in the future.
The median home cost in Joplin Metro Area is $197,500. Home appreciation the last 10 years has been 65.6%. Home Appreciation in Joplin Metro Area is up 18.0%.
Average Age of Homes
- The median age of Joplin Metro Area real estate is 38 years old
The Rental Market in Joplin Metro Area
- Renters make up 28.8% of the Joplin Metro Area population
- 0.8% of houses and apartments in Joplin Metro Area, 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.