The housing market in Redings Mill, MO is a strong one, with a median value of $153,200. Compared to the US house median value of $338,100, it can be seen that Redings Mill is cheaper and more affordable. Despite this, the rate of appreciation for houses in Redings Mill has been significantly higher than the US average over the last year at 15.13%, compared to 8.27% nationwide. This trend suggests that house prices will continue to increase in the future.
The median home cost in Redings Mill is $153,200. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Redings Mill is up 18.1%.
Average Age of Homes
- The median age of Redings Mill real estate is 64 years old
The Rental Market in Redings Mill
- Renters make up 11.3% of the Redings Mill population
- 0.0% of houses and apartments in Redings Mill, 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.