New Home, MO has a median housing value of $189,500, which is lower than the US median house value of $338,100. The US 1 year house appreciation is 8.27%, while New Home, MO's 1 year house appreciation rate is 12.17%. This indicates that the housing market in New Home, MO is appreciating at a higher rate than the average across the US. Therefore, those looking to buy or invest in real estate in New Home can expect to get more bang for their buck compared to other parts of the country.
The median home cost in New Home is $189,500. Home appreciation the last 10 years has been 99.4%. Home Appreciation in New Home is up 15.1%.
Average Age of Homes
- The median age of New Home real estate is 29 years old
The Rental Market in New Home
- Renters make up 4.3% of the New Home population
- 0.0% of houses and apartments in New Home, 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.