Norborne, MO is an ideal area for those looking to purchase a home. The housing median value in Norborne is $118,500 which is significantly lower than the US House Median Value of $338,100. Furthermore, the house 1 year appreciation in Norborne is 13.45%, higher than the US 1 year House Appreciation of 8.27%. This makes Norborne a great place to purchase a property and have it increase in value over time.
The median home cost in Norborne is $118,500. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Norborne is up 17.1%.
Average Age of Homes
- The median age of Norborne real estate is 62 years old
The Rental Market in Norborne
- Renters make up 12.7% of the Norborne population
- 0.0% of houses and apartments in Norborne, 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.