The housing market in Sumner, MO is thriving, with the median value of homes being $92,100. This is about one-third of the national median value at $338,100. In addition to this, the one year appreciation rate for Sumner houses is 13.45%, which is higher than the national average of 8.27%. The strong appreciation rate and lower overall median home value make Sumner an attractive option for potential homebuyers and investors alike.
The median home cost in Sumner is $92,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Sumner is up 17.1%.
Average Age of Homes
- The median age of Sumner real estate is 39 years old
The Rental Market in Sumner
- Renters make up 13.0% of the Sumner population
- 0.0% of houses and apartments in Sumner, 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.