Hannibal Metro Area, MO Housing

The housing market in the Hannibal, MO Metro Area has been steadily increasing over the last year. The median value of a house in this area is currently $154,700, which is significantly lower than the US median value of $338,100. However, what is impressive is that the one-year appreciation rate for houses in this area is 12.74%, much higher than the 8.27% national average appreciation rate. This suggests that purchasing a home in Hannibal, MO Metro Area could be a sound investment for potential homebuyers.

The median home cost in Hannibal Metro Area is $154,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Hannibal Metro Area is up 17.1%.

Average Age of Homes

- The median age of Hannibal Metro Area real estate is 44 years old

The Rental Market in Hannibal Metro Area

- Renters make up 24.8% of the Hannibal Metro Area population
- 1.5% of houses and apartments in Hannibal 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hannibal, Missouri	United States
	17,903.0	139,647,020.0
	47	42
	$154,700	$338,100
	17.1%	16.6%
	58.3%	57.0%
	73.2%	101.1%
	$8.93	$10.98
	$1,162	$2,690
	62.0%	57.4%
	13.7%	11.2%
	24.3%	31.4%
Vacant Housing
	1.5%	1.9%
	0.6%	0.4%
	0.9%	0.7%
	0.7%	0.4%
	3.4%	3.6%
	6.5%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	4.6%	2.4%
	6.5%	2.8%
	9.7%	3.9%
	10.4%	4.5%
	22.5%	11.3%
	17.9%	13.0%
	15.5%	20.1%
	4.6%	13.6%
	1.4%	8.3%
	1.6%	9.7%
	0.5%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	15.6%	13.6%
	9.6%	13.2%
	15.5%	14.8%
	15.6%	13.6%
	9.4%	10.0%
	4.8%	4.7%
	20.5%	12.2%

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