Housing in Plato, MO is a great investment. The median value of houses in the area is $185,700, significantly lower than the US House Median Value of $338,100. In addition to this reasonable cost, Plato has experienced a higher appreciation rate over the last year compared to the national average with a 13.45% increase compared to 8.27%. Investing in housing in Plato is a great way to experience good returns on one's money.
The median home cost in Plato is $185,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Plato is up 17.1%.
Average Age of Homes
- The median age of Plato real estate is 37 years old
The Rental Market in Plato
- Renters make up 20.6% of the Plato population
- 11.4% of houses and apartments in Plato, 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.