The housing market in the Rolla, MO Metro Area is a very attractive option for buyers. The median value of homes in Rolla is much lower than the national median value of homes, at $171,200 compared to $338,100. In addition to being more affordable than homes in other parts of the country, the area has seen a dramatic increase in home appreciation over the past year. Home appreciation in Rolla over the past year was 13.36%, compared to 8.27% nationally. This makes it an excellent option for potential buyers as they can be confident that their investment will appreciate significantly over time.
The median home cost in Rolla Metro Area is $171,200. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Rolla Metro Area is up 17.1%.
Average Age of Homes
- The median age of Rolla Metro Area real estate is 35 years old
The Rental Market in Rolla Metro Area
- Renters make up 33.0% of the Rolla Metro Area population
- 1.7% of houses and apartments in Rolla Metro Area, 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.