The housing market in Callao, MO is looking strong. The median value of homes in the area is $151,700, which is significantly lower than the US median value of $338,100. In addition to this, the 1 year house appreciation in Callao is impressive at 13.45%, significantly higher than the US 1 year house appreciation rate of 8.27%. This indicates that real estate investments in Callao are likely to be fruitful and property values are expected to continue to increase over time.
The median home cost in Callao is $151,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Callao is up 17.1%.
Average Age of Homes
- The median age of Callao real estate is 68 years old
The Rental Market in Callao
- Renters make up 8.0% of the Callao population
- 0.0% of houses and apartments in Callao, 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.