The housing market in Sedalia, MO Metro Area is quite strong. The median housing value is $165,900, which is significantly lower than the US median house value of $338,100. In the past year alone, the housing appreciation rate in Sedalia has been 13.45%, more than double the 8.27% national average for house appreciation. It is a great time for anyone looking to buy or invest in property in the area as prices are still relatively low and there is good potential for growth.
The median home cost in Sedalia Metro Area is $165,900. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Sedalia Metro Area is up 17.1%.
Average Age of Homes
- The median age of Sedalia Metro Area real estate is 47 years old
The Rental Market in Sedalia Metro Area
- Renters make up 27.9% of the Sedalia Metro Area population
- 2.5% of houses and apartments in Sedalia 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.