The housing market in 64661 Mercer, MO is thriving. The median value of a home in the area is $102,200, which is significantly lower than the US house median value of $338,100. However, house appreciation in the area has been impressive over the past year with an appreciation rate of 13.45% compared to 8.27% for the US as a whole. This higher rate of appreciation combined with the comparatively lower median home value makes Mercer an ideal location for those looking to invest in real estate and take advantage of current market conditions.
The median home cost in Mercer (zip 64661) is $102,200. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Mercer (zip 64661) is up 17.1%.
Average Age of Homes
- The median age of Mercer (zip 64661) real estate is 45 years old
The Rental Market in Mercer (zip 64661)
- Renters make up 16.5% of the Mercer (zip 64661) population
- 0.0% of houses and apartments in Mercer (zip 64661), 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.