The housing market in 63458 Newark, MO is growing steadily with the median value of houses in the area at around $118,000. This is significantly lower than the US House Median Value of $338,100 and makes home ownership more accessible to those living in the 63458 Newark area. The US House Appreciation over the past year was 8.27%, while house appreciation in 63458 Newark over that same period was 13.45%. This shows that housing values are increasing faster in this area than nationally, making it an attractive place for potential buyers to consider.
The median home cost in Newark (zip 63458) is $118,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Newark (zip 63458) is up 17.1%.
Average Age of Homes
- The median age of Newark (zip 63458) real estate is 47 years old
The Rental Market in Newark (zip 63458)
- Renters make up 21.4% of the Newark (zip 63458) population
- 0.0% of houses and apartments in Newark (zip 63458), 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.