The housing in Concord, MO is slightly lower than the US national average with a median value of $276,800. Despite this lower median value compared to other parts of the country, the housing market in Concord has appreciated by 7.74% over the past year, which is only slightly lower than the US average of 8.27%. There is a good opportunity for buyers to invest in this area and take advantage of cheaper home values and higher appreciation rates.
The median home cost in Concord is $276,800. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Concord is up 11.4%.
Average Age of Homes
- The median age of Concord real estate is 51 years old
The Rental Market in Concord
- Renters make up 12.0% of the Concord population
- 0.1% of houses and apartments in Concord, 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.