The housing market in Salisbury, MO is quite impressive, with a median value of $135,300. This is significantly lower than the US house median value of $338,100. Despite this difference in price, the one-year house appreciation rate for Salisbury, MO is actually higher than the US average at 10.77%, as opposed to 8.27%. This shows that Salisbury's housing market is strong and growing despite its relatively lower entry price compared to the national average.
The median home cost in Salisbury is $135,300. Home appreciation the last 10 years has been 67.1%. Home Appreciation in Salisbury is up 15.2%.
Average Age of Homes
- The median age of Salisbury real estate is 48 years old
The Rental Market in Salisbury
- Renters make up 19.1% of the Salisbury population
- 1.9% of houses and apartments in Salisbury, 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.