The housing market in Iberia, MO is very strong. The median value of a house currently stands at $160,100, which is significantly lower than the median US house value of $338,100. In addition to this significant difference in median value, the 1 year appreciation rate for houses in Iberia is also much higher than the national rate of 8.27%, with a 13.45% appreciation rate over the last year. This shows that there is a high demand for housing in Iberia and the market is likely to remain strong for many years to come.
The median home cost in Iberia is $160,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Iberia is up 17.1%.
Average Age of Homes
- The median age of Iberia real estate is 47 years old
The Rental Market in Iberia
- Renters make up 28.5% of the Iberia population
- 5.4% of houses and apartments in Iberia, 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.