Marceline, MO has an affordable and stable housing market. The median house value is currently $126,200, significantly lower than the US median of $338,100. Despite the lower overall value, homes in Marceline have experienced a 1 year appreciation rate of 13.45%, higher than the US average of 8.27%. This indicates that housing in Marceline remains a wise investment for buyers looking for a low cost with potential for future increases in value over time.
The median home cost in Marceline is $126,200. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Marceline is up 17.1%.
Average Age of Homes
- The median age of Marceline real estate is 54 years old
The Rental Market in Marceline
- Renters make up 27.3% of the Marceline population
- 3.6% of houses and apartments in Marceline, 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.