The housing market in Perryville, MO is thriving. The median value of homes in the area is currently $185,200, which is significantly lower than the US house median value of $338,100. The US house appreciation rate for the past year is 8.27%, but in Perryville it stands at 13.66%. This suggests that home values are increasing rapidly, indicating that now may be a good time to invest in property there. Overall, buying or renting a home in Perryville appears to be a sound choice.
The median home cost in Perryville is $185,200. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Perryville is up 15.3%.
Average Age of Homes
- The median age of Perryville real estate is 46 years old
The Rental Market in Perryville
- Renters make up 32.2% of the Perryville population
- 3.2% of houses and apartments in Perryville, 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.