Gray Summit, MO is a vibrant community with an incredible housing market. The median house value in Gray Summit stands at $186,100, which is significantly lower than the nationwide median of $338,100. Furthermore, in the past year alone, home values in Gray Summit have appreciated by 10.38%, higher than the national rate of 8.27%. As such, it is clear that investing in a home in Gray Summit can be a smart decision for any interested buyer.
The median home cost in Gray Summit is $186,100. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Gray Summit is up 15.0%.
Average Age of Homes
- The median age of Gray Summit real estate is 32 years old
The Rental Market in Gray Summit
- Renters make up 20.8% of the Gray Summit population
- 4.2% of houses and apartments in Gray Summit, 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.