Paris, MO is an interesting market when considering the state of the housing market. The median value of houses in Paris is $139,100, which is significantly lower than the US median house value of $338,100. Despite this lower value, the appreciation rate for Paris houses is 10.77%, compared to the 8.27% rate for US houses across the nation. This suggests that even though Paris might not have the highest values, it has a higher potential for investment returns and a larger potential for price growth over time. In conclusion, Paris could offer great investment opportunities due to its high rate of appreciation despite its relatively low median house values.
The median home cost in Paris is $139,100. Home appreciation the last 10 years has been 67.1%. Home Appreciation in Paris is up 15.2%.
Average Age of Homes
- The median age of Paris real estate is 53 years old
The Rental Market in Paris
- Renters make up 19.4% of the Paris population
- 0.0% of houses and apartments in Paris, 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.