Housing in Miami, MO has seen a much higher appreciation rate in the last year than the US median. The median value of a home is $80,000 in Miami, MO compared to the US median of $338,100. In the past year, house appreciation in Miami grew by 13.45% while the US median appreciated by 8.27%. This significantly higher rate of appreciation shows that there is strong demand for housing in Miami, making it an attractive place to purchase a home.
The median home cost in Miami is $80,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Miami is up 17.1%.
Average Age of Homes
- The median age of Miami real estate is 49 years old
The Rental Market in Miami
- Renters make up 11.7% of the Miami population
- 0.0% of houses and apartments in Miami, 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.