The housing market in Alba, MO is booming. The median value of a house is $114,300, which is significantly lower than the US median value of $338,100. This affordability allows for more people to buy into the market and has contributed to a growth rate of 15.13%, higher than the US 1 year appreciation rate of 8.27%. With such an attractive housing market, it’s no surprise that many are looking to make Alba their home.
The median home cost in Alba is $114,300. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Alba is up 18.1%.
Average Age of Homes
- The median age of Alba real estate is 43 years old
The Rental Market in Alba
- Renters make up 20.1% of the Alba population
- 0.0% of houses and apartments in Alba, 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.