The housing market in Mound, MO is booming. The median value of a house in Mound is $231,200, which is significantly lower than the US House Median Value of $338,100. This makes investing in Mound appealing to buyers who are looking for a good deal. Additionally, the US house appreciation rate over the past year has been 8.27%, while the appreciation rate for houses in Mound has been even higher at 12.17%. This indicates a strong and stable real estate market in Mound that will likely continue to appreciate over time.
The median home cost in Mound is $231,200. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Mound is up 15.1%.
Average Age of Homes
- The median age of Mound real estate is 40 years old
The Rental Market in Mound
- Renters make up 38.3% of the Mound population
- 2.1% of houses and apartments in Mound, 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.