The housing market in St. Joseph, MO (zip code 64507) is a great investment opportunity. The median value of homes in the area is $127,700, significantly lower than the national median of $338,100. However, what makes this an attractive option for potential buyers and investors alike is the impressive rate of house appreciation over the past year - 13.61%, nearly double the national rate of 8.27%. With these promising values and market trends, investing in real estate in St. Joseph is a smart decision that could provide significant returns in the future.
The median home cost in St. Joseph (zip 64507) is $127,700. Home appreciation the last 10 years has been 55.0%. Home Appreciation in St. Joseph (zip 64507) is up 12.1%.
Average Age of Homes
- The median age of St. Joseph (zip 64507) real estate is 62 years old
The Rental Market in St. Joseph (zip 64507)
- Renters make up 28.5% of the St. Joseph (zip 64507) population
- 1.8% of houses and apartments in St. Joseph (zip 64507), 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.