Louisburg, MO is a great place to live with an affordable median housing value of $102,600. This number is significantly lower than the US median housing value of $338,100, making it an attractive option for those looking for a more budget-friendly option. The US house appreciation rate in the last year was 8.27%, while Louisburg saw an even higher increase of 17.08%. This means that owning property in Louisburg can be a great way to grow your wealth and increase your equity.
The median home cost in Louisburg is $102,600. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Louisburg is up 21.4%.
Average Age of Homes
- The median age of Louisburg real estate is 60 years old
The Rental Market in Louisburg
- Renters make up 4.8% of the Louisburg population
- 5.6% of houses and apartments in Louisburg, 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.