The housing market in Independence, MO (zip code 64050) is doing remarkably well. The median value of a home in the area is $151,700, which is significantly lower than the US median value of $338,100. Over the past year, homes in Independence have appreciated at a rate of 13.07%, nearly double the national average appreciation rate of 8.27%. This indicates that the housing market in this part of Missouri is robust and attractive to potential buyers and investors alike.
The median home cost in Independence (zip 64050) is $151,700. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Independence (zip 64050) is up 16.3%.
Average Age of Homes
- The median age of Independence (zip 64050) real estate is 59 years old
The Rental Market in Independence (zip 64050)
- Renters make up 37.8% of the Independence (zip 64050) population
- 0.0% of houses and apartments in Independence (zip 64050), 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.