The housing market in Glen Allen, MO is a strong and growing one. The median value of homes in the area is $120,900, which is significantly lower than the US House Median Value of $338,100. Despite this discrepancy in prices between the two locations, Glen Allen has seen an impressive 1 year house appreciation rate of 13.66%, much higher than the national average of 8.27%. This speaks to the strength and desirability of homes in Glen Allen and could be indication that further growth in values can be expected if trends continue.
The median home cost in Glen Allen is $120,900. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Glen Allen is up 15.3%.
Average Age of Homes
- The median age of Glen Allen real estate is 78 years old
The Rental Market in Glen Allen
- Renters make up 33.3% of the Glen Allen population
- 0.0% of houses and apartments in Glen Allen, 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.