The housing market in Advance, MO is highly favorable for potential buyers. The median house value in the city is $110,300 which is substantially lower than the national median of $338,100. In addition, the 1 year appreciation rate for homes in Advance has been 13.66%, significantly higher than the 8.27% nationally. This is a great opportunity for those looking to invest in property or purchase a home in the area as it provides an excellent return on investment.
The median home cost in Advance is $110,300. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Advance is up 15.3%.
Average Age of Homes
- The median age of Advance real estate is 41 years old
The Rental Market in Advance
- Renters make up 21.1% of the Advance population
- 1.8% of houses and apartments in Advance, 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.