Essex, MO is an attractive housing market due to the relatively low median value of $101,700 in comparison to the US median value of $338,100. The appreciation rate over the past year in Essex has been 13.45%, which is greater than the 8.27% appreciation rate seen nationwide. With these facts in mind, it's easy to see why Essex is a desirable place for potential homeowners looking for an affordable and appreciating housing market.
The median home cost in Essex is $101,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Essex is up 17.1%.
Average Age of Homes
- The median age of Essex real estate is 52 years old
The Rental Market in Essex
- Renters make up 19.2% of the Essex population
- 0.0% of houses and apartments in Essex, 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.