Southwest City, MO has a median housing value of $100,200, which is much lower than the US median housing value of $338,100. However, over the past year Southwest City has seen an appreciation in housing values of 15.13%, which is significantly higher than the national 1 year house appreciation of 8.27%. This makes Southwest City an attractive place to invest in real estate and shows that it is a thriving market for those looking to buy a home.
The median home cost in Southwest City is $100,200. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Southwest City is up 18.1%.
Average Age of Homes
- The median age of Southwest City real estate is 40 years old
The Rental Market in Southwest City
- Renters make up 45.2% of the Southwest City population
- 4.9% of houses and apartments in Southwest City, 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.