The housing market in Luray, MO is quite strong at the moment. The median value of homes there is currently $109,300, which is much lower than the US median value of $338,100. This relative affordability provides an opportunity for buyers to find a great home in a desirable area. Furthermore, the house appreciation over the past year has been particularly strong at 13.45%, more than 5% higher than the US average of 8.27%. With such positive indicators and low housing costs compared to other parts of the country, Luray looks like a great option for aspiring homeowners or investors alike.
The median home cost in Luray is $109,300. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Luray is up 17.1%.
Average Age of Homes
- The median age of Luray real estate is 78 years old
The Rental Market in Luray
- Renters make up 20.0% of the Luray population
- 0.0% of houses and apartments in Luray, 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.