The housing market in Merriam Woods, MO is an attractive one for potential buyers. The median value of a house in the area is $134,600, which is significantly lower than the national median value of $338,100. Moreover, over the past year, house appreciation in Merriam Woods has been 16.70%, much higher than the US average of 8.27%. This makes it a great time to invest in property in Merriam Woods as prices are likely to continue to rise in the foreseeable future.
The median home cost in Merriam Woods is $134,600. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Merriam Woods is up 20.0%.
Average Age of Homes
- The median age of Merriam Woods real estate is 24 years old
The Rental Market in Merriam Woods
- Renters make up 27.3% of the Merriam Woods population
- 1.3% of houses and apartments in Merriam Woods, 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.