The housing market in the Marshall, MO Metro Area has been steadily growing over the past year. The median value for a home in this area is currently $140,700 which is significantly lower than the US median house value of $338,100. However, what it may lack in cost compared to other areas in the country, it makes up for with appreciation potential. In fact, homes in this area have appreciated at an impressive rate of 13.45% over the past year compared to 8.27% for houses across the US as a whole. This means that anyone looking to invest in real estate or purchase a new home here will definitely be getting more bang for their buck when considering appreciation potential.
The median home cost in Marshall Metro Area is $140,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Marshall Metro Area is up 17.1%.
Average Age of Homes
- The median age of Marshall Metro Area real estate is 50 years old
The Rental Market in Marshall Metro Area
- Renters make up 28.5% of the Marshall Metro Area population
- 0.0% of houses and apartments in Marshall 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.