The housing market in West Plains, MO Metro Area is thriving. The median value of homes in this area is $166,500 which is significantly lower than the US median value of $338,100. Additionally, the one year appreciation rate for homes in West Plains, MO Metro Area is 14.05%, higher than the national average of 8.27%. This indicates that this region is a great area to invest in real estate as prices are relatively affordable yet have seen strong growth over the past year.
The median home cost in West Plains Metro Area is $166,500. Home appreciation the last 10 years has been 89.5%. Home Appreciation in West Plains Metro Area is up 19.7%.
Average Age of Homes
- The median age of West Plains Metro Area real estate is 36 years old
The Rental Market in West Plains Metro Area
- Renters make up 28.3% of the West Plains Metro Area population
- 2.2% of houses and apartments in West Plains 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.