Mehlville, MO is a great place to invest in housing. The current median value of homes is $222,500, which is lower than the US median value of $338,100. This means that home buyers in the area can potentially purchase a house for less than the national average. Additionally, Mehlville has experienced an appreciation rate of 7.74%, which is slightly below the national rate of 8.27%. This indicates that homes are still increasing in value, making it an ideal time to buy in this market.
The median home cost in Mehlville is $222,500. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Mehlville is up 11.4%.
Average Age of Homes
- The median age of Mehlville real estate is 47 years old
The Rental Market in Mehlville
- Renters make up 33.2% of the Mehlville population
- 1.5% of houses and apartments in Mehlville, 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.