The housing market in Rockville, MO is a great value for prospective home buyers. The median housing value is well below the national median at $68,500, which makes it an attractive place to purchase property. Furthermore, the one-year house appreciation rate in Rockville is 12.17%, which is much higher than the national average of 8.27%. This means that homes in Rockville can appreciate quickly in comparison to other areas. All in all, Rockville is an excellent place to consider investing in a home due to its comparatively low housing values and high appreciation rates.
The median home cost in Rockville is $68,500. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Rockville is up 15.1%.
Average Age of Homes
- The median age of Rockville real estate is 34 years old
The Rental Market in Rockville
- Renters make up 21.1% of the Rockville population
- 3.5% of houses and apartments in Rockville, 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.