Iron Mountain Lake, MO is a great place to consider when looking for housing. The median value of houses in the area is $65,400, which is significantly lower than the US house median value of $338,100. One year appreciation rates are also higher in Iron Mountain Lake than the national rate of 8.27%, coming in at 13.45%. This means that investing in a home here could be a worthwhile endeavor as it stands to appreciate significantly more quickly than other areas across the country.
The median home cost in Iron Mountain Lake is $65,400. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Iron Mountain Lake is up 17.1%.
Average Age of Homes
- The median age of Iron Mountain Lake real estate is 50 years old
The Rental Market in Iron Mountain Lake
- Renters make up 16.2% of the Iron Mountain Lake population
- 0.0% of houses and apartments in Iron Mountain Lake, 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.