Mexico Metro Area, MO Housing

The housing market in the Mexico, MO Metro Area is a great opportunity for potential buyers. The median value of homes is currently $134,600, which is significantly less than the US house median of $338,100. Additionally, the house appreciation over the last year has been 13.87%, which is 5.6% higher than the national average of 8.27%. With these figures in mind, now may be an excellent time to invest in real estate in this area.

The median home cost in Mexico Metro Area is $134,600. Home appreciation the last 10 years has been 71.6%. Home Appreciation in Mexico Metro Area is up 14.6%.

Average Age of Homes

- The median age of Mexico Metro Area real estate is 47 years old

The Rental Market in Mexico Metro Area

- Renters make up 23.5% of the Mexico Metro Area population
- 1.8% of houses and apartments in Mexico 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	Mexico, Missouri	United States
	10,573.0	139,647,020.0
	52	42
	$134,600	$338,100
	14.6%	16.6%
	48.4%	57.0%
	71.6%	101.1%
	$10.03	$10.98
	$963	$2,690
	60.9%	57.4%
	14.6%	11.2%
	24.5%	31.4%
Vacant Housing
	1.8%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	1.2%	0.4%
	0.8%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	9.1%	2.4%
	10.0%	2.8%
	15.1%	3.9%
	13.3%	4.5%
	15.8%	11.3%
	13.5%	13.0%
	9.5%	20.1%
	3.1%	13.6%
	2.1%	8.3%
	1.7%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.2%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	5.8%	13.6%
	5.8%	13.6%
	11.7%	13.6%
	8.3%	13.2%
	19.0%	14.8%
	11.7%	13.6%
	15.2%	10.0%
	6.6%	4.7%
	14.4%	12.2%

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