The housing market in Pike, MO is doing better than the national average. The median value of homes in Pike is $111,400 compared to the national median of $338,100. In the last year, house appreciation in Pike has seen an increase of 13.65% as opposed to 8.27% for the U.S., indicating a strong and healthy market for homeowners in this small town. This is great news for those looking to move to or invest in the area, knowing that their home values will appreciate more rapidly than the national average.
The median home cost in Pike is $111,400. Home appreciation the last 10 years has been 57.1%. Home Appreciation in Pike is up 15.4%.
Average Age of Homes
- The median age of Pike real estate is 44 years old
The Rental Market in Pike
- Renters make up 18.5% of the Pike population
- 2.2% of houses and apartments in Pike, 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.