The housing market in Bates City, MO is a great value for potential buyers. The median value of homes in the city is $325,600, which is slightly lower than the US House median value of $338,100. Despite this, Bates City has seen a much higher one-year appreciation rate of 13.07%, compared to the national average of 8.27%. This suggests that now is an ideal time to invest in real estate in Bates City as prices are still relatively low but could still rise significantly over time.
The median home cost in Bates City is $325,600. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Bates City is up 16.3%.
Average Age of Homes
- The median age of Bates City real estate is 41 years old
The Rental Market in Bates City
- Renters make up 22.4% of the Bates City population
- 0.0% of houses and apartments in Bates City, 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.