The housing market in Smithville, MO is particularly strong. The median value of houses in the area is higher than the US median house value, at $342,600 compared to $338,100. This difference is further emphasized by the fact that the appreciation rate for houses in Smithville over the last year was 13.07%, significantly higher than national average of 8.27%. With this information it is clear that Smithville's housing market is very stable and growing.
The median home cost in Smithville is $342,600. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Smithville is up 16.3%.
Average Age of Homes
- The median age of Smithville real estate is 22 years old
The Rental Market in Smithville
- Renters make up 15.9% of the Smithville population
- 0.6% of houses and apartments in Smithville, 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.