The housing market in Fort Leonard Wood, MO Metro Area is booming. Median value for homes in the area is $180,200, which is much lower than the US median of $338,100. However, this does not mean it's any less desirable. In fact, prices are increasing at a faster rate than the national average – 13.45% year over year compared to 8.27% nationally – making this an attractive option for those looking to invest in real estate or just find an affordable place to call home. With prices significantly lower than the national average and appreciation rates on the rise, Fort Leonard Wood is an ideal spot for potential home buyers and investors alike.
The median home cost in Fort Leonard Wood Metro Area is $180,200. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Fort Leonard Wood Metro Area is up 17.1%.
Average Age of Homes
- The median age of Fort Leonard Wood Metro Area real estate is 23 years old
The Rental Market in Fort Leonard Wood Metro Area
- Renters make up 40.5% of the Fort Leonard Wood Metro Area population
- 6.4% of houses and apartments in Fort Leonard Wood 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.