Polk, MO County is experiencing a higher than average appreciation rate in its housing market. The median value of housing in Polk, MO County is $215,600 which is considerably lower than the national average of $338,100. While the US has seen an annual house appreciation rate of 8.27%, Polk, MO County has experienced an impressive 16.57% appreciation rate over the last year. This indicates that now is a great time to invest in property and secure a piece of real estate in this area before prices continue to rise.
The median home cost in Polk County is $215,600. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Polk County is up 21.3%.
Average Age of Homes
- The median age of Polk County real estate is 32 years old
The Rental Market in Polk County
- Renters make up 29.0% of the Polk County population
- 1.9% of houses and apartments in Polk 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.