The housing market in Gravois Mills, MO is thriving compared to the US average. The median housing value is $290,100 which is lower than the median house value for the US, but the one year appreciation rate for houses in Gravois Mills is 10.43%, which is higher than the US average of 8.27%. This indicates that there has been a great amount of growth in the area's housing market over the past year and suggests that there may be more to come in future years.
The median home cost in Gravois Mills is $290,100. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Gravois Mills is up 19.9%.
Average Age of Homes
- The median age of Gravois Mills real estate is 37 years old
The Rental Market in Gravois Mills
- Renters make up 26.3% of the Gravois Mills population
- 1.0% of houses and apartments in Gravois Mills, 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.