The housing market in Nevada, MO is relatively healthy. The median value of a house is $131,400, which is much lower than the US median of $338,100. Despite this difference in price, Nevada has experienced a 12.17% growth in house values over the past year. This is higher than the 8.27% appreciation rate recorded for US homes over the same period. Overall, Nevada appears to be a great place to invest in real estate due to its rising home values and affordable prices compared to national averages.
The median home cost in Nevada is $131,400. Home appreciation the last 10 years has been 99.4%. Home Appreciation in Nevada is up 15.1%.
Average Age of Homes
- The median age of Nevada real estate is 46 years old
The Rental Market in Nevada
- Renters make up 43.0% of the Nevada population
- 0.5% of houses and apartments in Nevada, 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.