The housing market in 65656 Galena, MO is a strong one. According to the data, the median value of housing in the area is $269,000, which is significantly lower than the US median value of $338,100. This makes it an attractive option for buyers looking to get more house for their money. The appreciation rate on houses in Galena is also impressive; over the last year it has increased by 17.08%, outpacing the national average increase of 8.27%. This means that not only will homebuyers get more house for their money initially but also that their investment will appreciate significantly faster than most other areas, making buying a house in Galena a great long-term investment.
The median home cost in Galena (zip 65656) is $269,000. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Galena (zip 65656) is up 21.4%.
Average Age of Homes
- The median age of Galena (zip 65656) real estate is 33 years old
The Rental Market in Galena (zip 65656)
- Renters make up 12.9% of the Galena (zip 65656) population
- 0.0% of houses and apartments in Galena (zip 65656), 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.