The housing market in Salem township (Dunklin County), MO is an attractive option for those looking to purchase or invest in real estate. The median value of homes in the area is $84,400, significantly lower than the national median value of $338,100. Furthermore, the 1 year appreciation rate of homes in Salem township is 13.45%, higher than the 8.27% national average. This makes Salem township a great place to buy a home or invest in property as it offers both affordability and a relatively high rate of return.
The median home cost in Salem township (Dunklin County) is $84,400. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Salem township (Dunklin County) is up 17.1%.
Average Age of Homes
- The median age of Salem township (Dunklin County) real estate is 54 years old
The Rental Market in Salem township (Dunklin County)
- Renters make up 26.6% of the Salem township (Dunklin County) population
- 2.4% of houses and apartments in Salem township (Dunklin 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.