Buchanan, MO County has experienced impressive growth in housing value over the past year. The median value of homes in this county is $139,500, which is significantly lower than the US median value of $338,100. However, Buchanan County homes have appreciated by 13.46% compared to the US 1 year appreciation rate of 8.27%, indicating that investments in this region are seeing a healthy return. This makes Buchanan County an attractive option for potential buyers looking for an affordable but appreciating housing market.
The median home cost in Buchanan County is $139,500. Home appreciation the last 10 years has been 55.2%. Home Appreciation in Buchanan County is up 12.0%.
Average Age of Homes
- The median age of Buchanan County real estate is 56 years old
The Rental Market in Buchanan County
- Renters make up 31.6% of the Buchanan County population
- 2.7% of houses and apartments in Buchanan County, 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.