Lockwood township, MO is a great place to consider for purchasing a house due to its lower median value of $112,100 compared to the national average of $338,100. Moreover, Lockwood township has seen a higher house appreciation rate of 17.08% over the past year as compared to the national average of 8.27%. This suggests that the value of houses in Lockwood township are increasing faster than they are in many other places across the nation. Therefore, purchasing a house in Lockwood township can be an excellent way to build wealth and increase one's assets.
The median home cost in Lockwood township is $112,100. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Lockwood township is up 21.4%.
Average Age of Homes
- The median age of Lockwood township real estate is 53 years old
The Rental Market in Lockwood township
- Renters make up 19.3% of the Lockwood township population
- 1.6% of houses and apartments in Lockwood township, 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.