The housing market in the Warrensburg, MO Metro Area is very strong. The median value of houses in this area is $226,700 which is much lower than the US House Median Value of $338,100. This creates a great opportunity for potential buyers to find an affordable home with more room to negotiate on price. In addition, the 1 year house appreciation rate in Warrensburg, MO Metro Area is 12.47%, which is significantly higher than the national average of 8.27%. This suggests that there are many opportunities to get a good return on investment when buying a home in this area.
The median home cost in Warrensburg Metro Area is $226,700. Home appreciation the last 10 years has been 95.5%. Home Appreciation in Warrensburg Metro Area is up 16.4%.
Average Age of Homes
- The median age of Warrensburg Metro Area real estate is 31 years old
The Rental Market in Warrensburg Metro Area
- Renters make up 36.1% of the Warrensburg Metro Area population
- 1.4% of houses and apartments in Warrensburg 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.