The housing market in Richards, MO is thriving, with a median value of $147,500. This is significantly lower than the US House Median Value of $338,100, yet still offers a great investment opportunity for potential buyers. Over the past year, the US House Appreciation rate was 8.27%, while Richards saw an impressive 12.17% appreciation rate during the same period. Considering these facts and rates, it's clear that Richards offers an excellent opportunity to invest in quality housing at competitive prices.
The median home cost in Richards is $147,500. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Richards is up 15.1%.
Average Age of Homes
- The median age of Richards real estate is 69 years old
The Rental Market in Richards
- Renters make up 5.3% of the Richards population
- 0.0% of houses and apartments in Richards, 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.