The housing in 65037 Gravois Mills, MO has seen a great deal of appreciation in the past year with an increase of 10.43%. The median value of a house in this area is $278,400 which is considerably lower than the US median house value of $338,100. This discrepancy could be attributed to the fact that Gravois Mills is a relatively small town and is not as densely populated as some other cities or towns. Despite this, the area has still seen strong growth in terms of home values due to recent population growth and economic development initiatives.
The median home cost in Gravois Mills (zip 65037) is $278,400. Home appreciation the last 10 years has been 83.2%. Home Appreciation in Gravois Mills (zip 65037) is up 19.9%.
Average Age of Homes
- The median age of Gravois Mills (zip 65037) real estate is 33 years old
The Rental Market in Gravois Mills (zip 65037)
- Renters make up 7.6% of the Gravois Mills (zip 65037) population
- 0.7% of houses and apartments in Gravois Mills (zip 65037), 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.