Housing in Mexico, MO is a great investment with its median value at $134,400 and an impressive 10.77% 1-year appreciation rate. This rate is higher than the national average of 8.27%, making Mexico, MO a strong option for those looking to invest in housing. In addition, the median value is still significantly lower than the national median of $338,100. With both a lower price point and a higher appreciation rate, Mexico, MO is an attractive housing market for buyers and investors alike.
The median home cost in Mexico is $134,400. Home appreciation the last 10 years has been 67.1%. Home Appreciation in Mexico is up 15.2%.
Average Age of Homes
- The median age of Mexico real estate is 50 years old
The Rental Market in Mexico
- Renters make up 30.5% of the Mexico population
- 2.6% of houses and apartments in Mexico, 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.