The housing market in Versailles, MO is a strong one. The median value for houses is currently $220,800 which is significantly lower than the median value of houses nationally at $338,100. Despite this disparity, the 1 year house appreciation rate for Versailles is 10.43%, which is higher than the 8.27% appreciation rate across the US. This trend signals a healthy and growing housing market in Versailles that continues to remain stable regardless of national economic trends.
The median home cost in Versailles is $220,800. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Versailles is up 19.9%.
Average Age of Homes
- The median age of Versailles real estate is 50 years old
The Rental Market in Versailles
- Renters make up 38.3% of the Versailles population
- 3.9% of houses and apartments in Versailles, 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.