Wellsville, MO is an area with relatively affordable housing compared to the United States, with the median value being $114,200. Despite the lower median value, Wellsville has seen a much higher appreciation rate in its housing market in the last year than that of the national average, coming in at 13.08%. This means that properties in Wellsville are appreciating more quickly than those across the country. Those who invest in property here will benefit from both a lower initial investment and greater returns on investment.
The median home cost in Wellsville is $114,200. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Wellsville is up 13.2%.
Average Age of Homes
- The median age of Wellsville real estate is 51 years old
The Rental Market in Wellsville
- Renters make up 18.6% of the Wellsville population
- 0.0% of houses and apartments in Wellsville, 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.