The housing market in 64863 Southwest City, MO is thriving. The median value of homes in this area is $144,600, which is significantly lower than the US median house value of $338,100. Over the past year, the appreciation rate of homes has grown by 15.13%, compared to the nationwide average of 8.27%. This makes Southwest City an attractive place for those looking to invest in real estate and experience great returns over time.
The median home cost in Southwest City (zip 64863) is $144,600. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Southwest City (zip 64863) is up 18.1%.
Average Age of Homes
- The median age of Southwest City (zip 64863) real estate is 37 years old
The Rental Market in Southwest City (zip 64863)
- Renters make up 40.0% of the Southwest City (zip 64863) population
- 3.2% of houses and apartments in Southwest City (zip 64863), 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.