The housing market in Bonne Terre, MO (63628) is a healthy one. The median value of homes in the area is $171,700, which stands significantly lower than the US median of $338,100. Despite this difference, house appreciation over the past year in Bonne Terre has outpaced the national average at 13.45%, compared to 8.27% for US housing as a whole. This indicates that prices are rising quickly in Bonne Terre and that it is a desirable place to purchase real estate.
The median home cost in Bonne Terre (zip 63628) is $171,700. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Bonne Terre (zip 63628) is up 17.1%.
Average Age of Homes
- The median age of Bonne Terre (zip 63628) real estate is 38 years old
The Rental Market in Bonne Terre (zip 63628)
- Renters make up 21.2% of the Bonne Terre (zip 63628) population
- 1.0% of houses and apartments in Bonne Terre (zip 63628), 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.