The housing market in Spanish Lake, MO (63138) is slightly below the US median value at $139,600. However, during the last year it has appreciated at a rate of 7.74%, which is still quite good compared to the US one year appreciation of 8.27%. Spanish Lake provides an affordable alternative to other more expensive areas while still offering healthy growth potential for those looking to invest in real estate.
The median home cost in Spanish Lake (zip 63138) is $139,600. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Spanish Lake (zip 63138) is up 11.4%.
Average Age of Homes
- The median age of Spanish Lake (zip 63138) real estate is 47 years old
The Rental Market in Spanish Lake (zip 63138)
- Renters make up 42.3% of the Spanish Lake (zip 63138) population
- 5.4% of houses and apartments in Spanish Lake (zip 63138), 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.