Velda Village Hills, MO is a great place to own a home due to its moderately priced housing median value of $56,400. This value is significantly lower than the national median house value of $338,100. Despite the lower median house value in Velda Village Hills, MO, the one-year house appreciation rate still reaches 7.74%, which is lower than the US average of 8.27%. Therefore, despite the slightly reduced appreciation rates in Velda Village Hills, MO compared to the rest of the country, it remains an attractive place for potential homeowners looking to purchase real estate at an affordable price.
The median home cost in Velda Village Hills is $56,400. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Velda Village Hills is up 11.4%.
Average Age of Homes
- The median age of Velda Village Hills real estate is 72 years old
The Rental Market in Velda Village Hills
- Renters make up 30.4% of the Velda Village Hills population
- 0.0% of houses and apartments in Velda Village Hills, 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.