The housing market in Arcola, MO is very vibrant, with a median house value of $182,300, which is significantly lower than the US median of $338,100. In terms of appreciation, the US has seen an 8.27% increase over the past year, while Arcola has seen a much higher 17.08% jump in value. This indicates that real estate is a great investment opportunity and that Arcola is experiencing healthy growth in its housing market.
The median home cost in Arcola is $182,300. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Arcola is up 21.4%.
Average Age of Homes
- The median age of Arcola real estate is 38 years old
The Rental Market in Arcola
- Renters make up 9.1% of the Arcola population
- 0.0% of houses and apartments in Arcola, 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.