The housing market in Sullivan, MO is performing above average compared to the national median. The median value for a house in Sullivan is $163,700, which is significantly lower than the US median value of $338,100. In the past year, there has been an 8.27% appreciation of homes nationally and a 10.38% appreciation in homes in Sullivan. This indicates that housing prices are increasing at a slightly faster rate than the national average. Overall, it looks like Sullivan is an attractive place to live for potential homeowners who are looking to invest in real estate.
The median home cost in Sullivan is $163,700. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Sullivan is up 15.0%.
Average Age of Homes
- The median age of Sullivan real estate is 46 years old
The Rental Market in Sullivan
- Renters make up 43.9% of the Sullivan population
- 1.2% of houses and apartments in Sullivan, 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.