The housing market in Jefferson City, MO is thriving. According to recent data, the median value of homes in Jefferson City is $213,700 which is significantly lower than the US House Median Value of $338,100. The appreciation rate for homes in Jefferson City over the past year has been 13.54%, much higher than the US 1 year House Appreciation of 8.27%. This indicates that now could be a great time to invest in a home in Jefferson City as prices are still relatively low compared to the national average and the appreciation rate is higher than average.
The median home cost in Jefferson City is $213,700. Home appreciation the last 10 years has been 54.7%. Home Appreciation in Jefferson City is up 14.2%.
Average Age of Homes
- The median age of Jefferson City real estate is 45 years old
The Rental Market in Jefferson City
- Renters make up 36.8% of the Jefferson City population
- 3.8% of houses and apartments in Jefferson 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.