The housing market in Fairfax, MO (64446) is quite strong. The median value of homes in the area is $102,000, which is significantly lower than the median value for houses across the US as a whole ($338,100). However, Fairfax has experienced a 1 year appreciation rate of 11.42%, which is much higher than the average appreciation rate across the US for the same period (8.27%). This indicates that there may be property investment opportunities available in this area and suggests that Fairfax has been doing relatively well compared to other areas of the country.
The median home cost in Fairfax (zip 64446) is $102,000. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Fairfax (zip 64446) is up 11.0%.
Average Age of Homes
- The median age of Fairfax (zip 64446) real estate is 64 years old
The Rental Market in Fairfax (zip 64446)
- Renters make up 28.7% of the Fairfax (zip 64446) population
- 1.3% of houses and apartments in Fairfax (zip 64446), 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.