The housing market in Penermon, MO is flourishing, with the median value of a home being $65,600. This is considerably lower than the current US median of $338,100. In addition to this difference in prices, the one year appreciation rate in Penermon also exceeds the national average of 8.27%, coming in at 13.45%. This means that homes are appreciating at a much faster rate in Penermon than they are nationally, making it a great time to invest. Given the lower prices and higher appreciation rates, Penermon is an appealing place for those looking to purchase or invest in property.
The median home cost in Penermon is $65,600. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Penermon is up 17.1%.
Average Age of Homes
- The median age of Penermon real estate is 49 years old
The Rental Market in Penermon
- Renters make up 51.1% of the Penermon population
- 0.0% of houses and apartments in Penermon, 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.