The housing market in the St. Joseph, MO Metro Area is thriving, with a median home value of $151,700. This is significantly lower than the US median of $338,100. However, the appreciation rate for homes in St. Joseph has been much higher over the past year than that of the national average, clocking in at 13.05% compared to 8.27%. Together this indicates a strong and healthy housing market in St. Joseph that could be a great investment opportunity for those looking to buy or rent.
The median home cost in St. Joseph Metro Area is $151,700. Home appreciation the last 10 years has been 57.9%. Home Appreciation in St. Joseph Metro Area is up 11.9%.
Average Age of Homes
- The median age of St. Joseph Metro Area real estate is 52 years old
The Rental Market in St. Joseph Metro Area
- Renters make up 29.4% of the St. Joseph Metro Area population
- 2.2% of houses and apartments in St. Joseph 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.