Forsyth, MO has an impressive housing median value of $189,300 that is significantly lower than the US house median value of $338,100. However, this lower cost of housing in Forsyth comes with a higher one year house appreciation rate of 17.08%, which is much higher than the national average of 8.27%. This makes Forsyth an attractive option for potential homebuyers or investors looking for a good return on their investments. Furthermore, the lower housing costs are beneficial to those who may not be able to afford homes in other parts of the country at market value.
The median home cost in Forsyth is $189,300. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Forsyth is up 21.4%.
Average Age of Homes
- The median age of Forsyth real estate is 29 years old
The Rental Market in Forsyth
- Renters make up 21.3% of the Forsyth population
- 0.0% of houses and apartments in Forsyth, 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.