Montevallo, MO is a great place for housing. The median value of a house is $210,100, which is significantly lower than the US house median value of $338,100. This makes it an affordable option for those looking to buy a home. Additionally, over the past year, houses in Montevallo have appreciated by 12.17%, which is higher than the US 1 year house appreciation rate of 8.27%. Montevallo provides both affordability and potential appreciation that make it an attractive option for homeowners and investors alike.
The median home cost in Montevallo is $210,100. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Montevallo is up 15.1%.
Average Age of Homes
- The median age of Montevallo real estate is 54 years old
The Rental Market in Montevallo
- Renters make up 8.6% of the Montevallo population
- 0.0% of houses and apartments in Montevallo, 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.