The housing market in Jennings, MO is much more affordable than the national average. The median value of a house in Jennings is $64,900, which is significantly lower than the US House median value of $338,100. Despite this, the area still saw an increase in house values with a 1-year appreciation rate of 7.74%, only slightly under the national average of 8.27%. Overall, it is a great time to invest in real estate in Jennings as prices are very reasonable and there is still potential for further appreciation in the future.
The median home cost in Jennings is $64,900. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Jennings is up 11.4%.
Average Age of Homes
- The median age of Jennings real estate is 63 years old
The Rental Market in Jennings
- Renters make up 37.4% of the Jennings population
- 2.2% of houses and apartments in Jennings, 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.