The housing market in 65740 Merriam Woods, MO is thriving. The median value of homes in the area is $149,700, which is much lower than the national median value of $338,100. Additionally, the 1 year house appreciation rate in the area was 16.70%, while the national rate was only 8.27%. This suggests that people are increasingly interested in investing and living in Merriam Woods, and that home values will continue to increase at a steady rate.
The median home cost in Merriam Woods (zip 65740) is $149,700. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Merriam Woods (zip 65740) is up 20.0%.
Average Age of Homes
- The median age of Merriam Woods (zip 65740) real estate is 26 years old
The Rental Market in Merriam Woods (zip 65740)
- Renters make up 24.9% of the Merriam Woods (zip 65740) population
- 1.2% of houses and apartments in Merriam Woods (zip 65740), 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.