The housing market in Scotsdale, MO is booming! The median value of a house in this city is $217,200, which is significantly lower than the US median of $338,100. This presents an opportunity for potential homeowners to get into the market at a much lower cost. Interestingly, the 1 year house appreciation rate in Scotsdale is 10.38%, which is higher than the US appreciation rate of 8.27%. This indicates that investing in real estate here could be a wise decision for those looking to build equity or generate income through rental properties.
The median home cost in Scotsdale is $217,200. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Scotsdale is up 15.0%.
Average Age of Homes
- The median age of Scotsdale real estate is 41 years old
The Rental Market in Scotsdale
- Renters make up 7.1% of the Scotsdale population
- 0.0% of houses and apartments in Scotsdale, 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.