The housing in Salem township (Daviess County), MO is affordable, with a median value of $105,800 compared to the US House Median Value of $338,100. However, the house appreciation rate in Salem township (Daviess County), MO is higher than the US 1 year House Appreciation rate of 8.27%, coming in at 13.45%. This high appreciation rate points to an excellent investment opportunity for those looking to make real estate investments in this area.
The median home cost in Salem township (Daviess County) is $105,800. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Salem township (Daviess County) is up 17.1%.
Average Age of Homes
- The median age of Salem township (Daviess County) real estate is 39 years old
The Rental Market in Salem township (Daviess County)
- Renters make up 19.8% of the Salem township (Daviess County) population
- 1.4% of houses and apartments in Salem township (Daviess County), 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.