Zip 63460 (Novelty, MO) Housing

The housing market in 63460 Novelty, MO is very attractive. It has a median house value of $103,500, which is much lower than the national median of $338,100. Furthermore, the one year appreciation rate in Novelty is an impressive 13.45%, significantly higher than the US average of 8.27%. This makes investing in real estate in this area a great opportunity for potential buyers to get more value out of their purchase.

The median home cost in Novelty (zip 63460) is $103,500. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Novelty (zip 63460) is up 17.1%.

Average Age of Homes

- The median age of Novelty (zip 63460) real estate is 56 years old

The Rental Market in Novelty (zip 63460)

- Renters make up 13.9% of the Novelty (zip 63460) population
- 0.0% of houses and apartments in Novelty (zip 63460), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Novelty, Missouri	United States
	141.0	139,647,020.0
	53	42
	$103,500	$338,100
	17.1%	16.6%
	58.3%	57.0%
	73.2%	101.1%
	$9.85	$10.98
	$700	$2,690
	61.0%	57.4%
	36.9%	11.2%
	2.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	2.8%	0.7%
	0.0%	0.4%
	24.1%	3.6%
	9.9%	4.1%
Value of Owner-Occupied Housing
	17.4%	2.6%
	11.6%	2.4%
	7.0%	2.8%
	11.6%	3.9%
	10.5%	4.5%
	9.3%	11.3%
	0.0%	13.0%
	7.0%	20.1%
	5.8%	13.6%
	0.0%	8.3%
	19.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.7%	13.6%
	5.7%	13.6%
	32.6%	13.6%
	7.1%	13.2%
	4.3%	14.8%
	32.6%	13.6%
	20.6%	10.0%
	2.8%	4.7%
	24.8%	12.2%

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