Kennett, MO is a great location for anyone looking to invest in housing as the median value of homes in the area is significantly lower than the US house median value. With a one year appreciation rate of 13.45%, Kennett, MO has far outpaced the national average of 8.27%. This makes it an attractive option for those looking to purchase a home as they can expect to gain considerable equity over time.
The median home cost in Kennett is $88,800. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Kennett is up 17.1%.
Average Age of Homes
- The median age of Kennett real estate is 50 years old
The Rental Market in Kennett
- Renters make up 42.0% of the Kennett population
- 4.9% of houses and apartments in Kennett, 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.