The housing market in 64847 Lanagan, MO is booming. The median value of homes in the area is $72,400, which is significantly lower than the national average of $338,100. However, in the last year, there has been a 15.13% increase in home value appreciation compared to the US average of 8.27%. This makes 64847 Lanagan an attractive option for potential buyers looking to purchase a low cost starter home that will rise in value over time.
The median home cost in Lanagan (zip 64847) is $72,400. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Lanagan (zip 64847) is up 18.1%.
Average Age of Homes
- The median age of Lanagan (zip 64847) real estate is 43 years old
The Rental Market in Lanagan (zip 64847)
- Renters make up 43.1% of the Lanagan (zip 64847) population
- 0.0% of houses and apartments in Lanagan (zip 64847), 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.