The housing market in 63555 Memphis, MO is doing well. The median value of a house in this area is $135,300, which is significantly lower than the US median value of $338,100. This decrease in cost can be an attractive option for potential home buyers. In addition to affordability, this region has seen an increase of 13.45% in house appreciation over the past year, which is higher than the US average of 8.27%. This shows that investing in a house here could be a smart move and should not be overlooked.
The median home cost in Memphis (zip 63555) is $135,300. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Memphis (zip 63555) is up 17.1%.
Average Age of Homes
- The median age of Memphis (zip 63555) real estate is 52 years old
The Rental Market in Memphis (zip 63555)
- Renters make up 21.7% of the Memphis (zip 63555) population
- 0.6% of houses and apartments in Memphis (zip 63555), 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.