The housing in Festus, MO is strong and growing. The median value of homes in the area is $233,800 which is significantly lower than the US house median of $338,100. Despite this, the house appreciation rate for Festus, MO over the past year was 10.38%, much higher than the US average of 8.27%. This indicates a strong market for houses in Festus, MO and suggests that homeowners can expect their property values to continue to increase over time.
The median home cost in Festus is $233,800. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Festus is up 15.0%.
Average Age of Homes
- The median age of Festus real estate is 38 years old
The Rental Market in Festus
- Renters make up 28.2% of the Festus population
- 0.0% of houses and apartments in Festus, 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.