Housing in 63048 Herculaneum, MO is significantly more affordable than the US average. The median home value in Herculaneum is $239,400, which is about 30% lower than the US median value of $338,100. In addition to being more affordable, homes in Herculaneum are also appreciating faster than the national rate. Over the past year, house appreciation in Herculaneum has been 10.38%, compared to a national rate of 8.27%. This appreciation means that people who invest in housing in this area can expect their homes to gain value over time.
The median home cost in Herculaneum (zip 63048) is $239,400. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Herculaneum (zip 63048) is up 15.0%.
Average Age of Homes
- The median age of Herculaneum (zip 63048) real estate is 24 years old
The Rental Market in Herculaneum (zip 63048)
- Renters make up 21.4% of the Herculaneum (zip 63048) population
- 0.0% of houses and apartments in Herculaneum (zip 63048), 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.