The housing market in Montgomery City, MO is thriving and the median value of homes is currently $165,700. This is almost half of the US House Median Value, which stands at $338,100. The appreciation rate of houses in the city has been strong over the past year - 13.08%, which is higher than the US 1 year House Appreciation of 8.27%. Local real estate investors and homeowners are undoubtedly seeing major returns on their investments in Montgomery City thanks to the rising house values.
The median home cost in Montgomery City is $165,700. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Montgomery City is up 13.2%.
Average Age of Homes
- The median age of Montgomery City real estate is 44 years old
The Rental Market in Montgomery City
- Renters make up 36.8% of the Montgomery City population
- 1.4% of houses and apartments in Montgomery 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.