The housing market in Wellston, MO is relatively affordable compared to other areas in the United States. The median value of a house in Wellston, MO is $51,900 while the US median value is $338,100. Although the appreciation rate for houses in Wellston, MO was slightly lower than that of the United States overall at 7.74%, compared to 8.27%, it still marked an increase in value over the past year. This makes it a great option for those looking for an affordable place to live and a good investment opportunity at the same time.
The median home cost in Wellston is $51,900. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Wellston is up 11.4%.
Average Age of Homes
- The median age of Wellston real estate is 62 years old
The Rental Market in Wellston
- Renters make up 44.9% of the Wellston population
- 1.1% of houses and apartments in Wellston, 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.