The housing market in Sweet Springs, MO is a great place to invest for potential homeowners. The median value of housing in the area is $117,900, much lower than the US median value of $338,100. This makes it a relatively inexpensive option compared to many other markets. In addition to being affordable, the one year appreciation rate for homes in Sweet Springs is 13.45%, which is higher than the national average of 8.27%. With these factors combined, investing in housing in Sweet Springs can be a great option for potential buyers looking for an affordable and rising market.
The median home cost in Sweet Springs is $117,900. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Sweet Springs is up 17.1%.
Average Age of Homes
- The median age of Sweet Springs real estate is 56 years old
The Rental Market in Sweet Springs
- Renters make up 24.4% of the Sweet Springs population
- 0.0% of houses and apartments in Sweet Springs, 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.