The housing market in Wellsville, MO (63384) has been performing above the national average. The median home value for this area is $115,100, which is significantly lower than the US median home value of $338,100. This creates an opportunity for potential buyers to get a good deal on their next home purchase. Over the past year, the appreciation rate for homes in Wellsville was 13.08%, compared to 8.27% nationally. This suggests that now is an ideal time to invest in property in Wellsville as prices are still relatively low and growth potential is high.
The median home cost in Wellsville (zip 63384) is $115,100. Home appreciation the last 10 years has been 82.8%. Home Appreciation in Wellsville (zip 63384) is up 13.2%.
Average Age of Homes
- The median age of Wellsville (zip 63384) real estate is 48 years old
The Rental Market in Wellsville (zip 63384)
- Renters make up 17.6% of the Wellsville (zip 63384) population
- 1.7% of houses and apartments in Wellsville (zip 63384), 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.