The housing market in Stotts City, MO is thriving. The median value of a house in this area is $194,500, which is significantly lower than the US median value of $338,100. Over the past year, the US has seen an 8.27% appreciation rate for housing values while Stotts City has experienced an even greater jump with a rate of 16.70%. This makes now an ideal time to invest in property here, as prices are likely to continue appreciating over time.
The median home cost in Stotts City is $194,500. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Stotts City is up 20.0%.
Average Age of Homes
- The median age of Stotts City real estate is 50 years old
The Rental Market in Stotts City
- Renters make up 20.4% of the Stotts City population
- 0.0% of houses and apartments in Stotts City, 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.