The housing in 63878 Tallapoosa, MO is quite affordable compared to the US House Median Value. The median value for a house in Tallapoosa is only $59,300, which is far below the US average of $338,100. Despite this low cost of housing, the 1 year appreciation rate in Tallapoosa is actually higher than the national average. The 1 year house appreciation rate in Tallapoosa stands at 13.45%, which is significantly more than the 8.27% appreciation observed for houses in the United States as a whole. This indicates that despite its low cost of living, there may be an emerging market for housing investment in Tallapoosa.
The median home cost in Tallapoosa (zip 63878) is $59,300. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Tallapoosa (zip 63878) is up 17.1%.
Average Age of Homes
- The median age of Tallapoosa (zip 63878) real estate is 24 years old
The Rental Market in Tallapoosa (zip 63878)
- Renters make up 37.0% of the Tallapoosa (zip 63878) population
- 0.0% of houses and apartments in Tallapoosa (zip 63878), 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.