The housing market in Independence, MO (zip code 64055) is thriving with a median value of $199,700. This is significantly less than the national median value of $338,100 offered in the US. However, the 1 year house appreciation rate for Independence, MO is 13.07%, which far exceeds the US average of 8.27%. Consequently, this makes it an attractive place for potential homebuyers or investors looking to make a return on their investment. Overall, the housing market in Independence, MO is very promising and should not be overlooked.
The median home cost in Independence (zip 64055) is $199,700. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Independence (zip 64055) is up 16.3%.
Average Age of Homes
- The median age of Independence (zip 64055) real estate is 46 years old
The Rental Market in Independence (zip 64055)
- Renters make up 25.5% of the Independence (zip 64055) population
- 1.4% of houses and apartments in Independence (zip 64055), 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.