Park Hills, MO is a great place to invest in real estate, as the median value of homes is $130,800 - significantly lower than the US house median value of $338,100. Furthermore, a key indicator for growth is the 1 year house appreciation rate; in Park Hills this stands at 13.45%, over 5% higher than the national average of 8.27%. This shows that there is strong potential for returns on investment over time, making Park Hills an attractive area for both buyers and investors alike.
The median home cost in Park Hills is $130,800. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Park Hills is up 17.1%.
Average Age of Homes
- The median age of Park Hills real estate is 50 years old
The Rental Market in Park Hills
- Renters make up 41.5% of the Park Hills population
- 1.6% of houses and apartments in Park Hills, 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.