Downing, MO is a great place to invest in housing. The median value of all housing in the area is $65,600, which is significantly lower than the national median of $338,100. In addition, the 1 year house appreciation rate in Downing, MO has been 13.45%, which is higher than the US average of 8.27%. This indicates that buying a home in Downing is a smart decision for those looking for an investment opportunity with high returns.
The median home cost in Downing is $65,600. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Downing is up 17.1%.
Average Age of Homes
- The median age of Downing real estate is 63 years old
The Rental Market in Downing
- Renters make up 20.7% of the Downing population
- 2.5% of houses and apartments in Downing, 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.