The housing market in Cherokee Pass, MO is thriving. The median value of a house in the area is $165,700, which is much lower than the US median value of $338,100. But despite its relatively low price, the appreciation rate of houses in Cherokee Pass has been higher than the national average over the past year - 13.45% compared to 8.27%. This indicates that more and more people are choosing to buy homes in Cherokee Pass due to its attractive pricing, and that there is likely to be further growth in house values as demand continues to increase.
The median home cost in Cherokee Pass is $165,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Cherokee Pass is up 17.1%.
Average Age of Homes
- The median age of Cherokee Pass real estate is 38 years old
The Rental Market in Cherokee Pass
- Renters make up 5.5% of the Cherokee Pass population
- 0.0% of houses and apartments in Cherokee Pass, 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.