Mendon, MO is a small town with a population of just under 1,500 people. The median value of housing in Mendon is $85,000, significantly lower than the US median value of $338,100. Despite this difference in cost, Mendon has seen an impressive 1-year house appreciation rate of 13.45%, higher than the US rate of 8.27%. This suggests that housing in Mendon may be a strong investment for those who are looking to purchase property in the area.
The median home cost in Mendon is $85,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Mendon is up 17.1%.
Average Age of Homes
- The median age of Mendon real estate is 69 years old
The Rental Market in Mendon
- Renters make up 14.8% of the Mendon population
- 0.0% of houses and apartments in Mendon, 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.