Doniphan, MO has a high median housing value of $141,700, which is significantly lower than the US House Median Value of $338,100. The 1 year house appreciation rate in Doniphan is an impressive 13.45%, higher than the US 1 year House Appreciation rate of 8.27%. This reflects very positively on the housing market in Doniphan, showing that it is doing well despite its lower median value. This may be indicative of a potential opportunity for buyers and investors who are looking to purchase property in Doniphan at a discounted rate while benefiting from a strong appreciation rate.
The median home cost in Doniphan is $141,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Doniphan is up 17.1%.
Average Age of Homes
- The median age of Doniphan real estate is 47 years old
The Rental Market in Doniphan
- Renters make up 39.9% of the Doniphan population
- 2.3% of houses and apartments in Doniphan, 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.