The housing market in 65655 Gainesville, MO is particularly strong. The median value of a house in this area is $189,000, which is significantly lower than the US average of $338,100. Additionally, the appreciation rate for houses in 65655 Gainesville, MO has been much higher than the national average; over the past year, it increased by 17.08%, while the US median appreciation was 8.27%. This high appreciation rate is indicative of a strong housing market that has been fueled by good economic conditions and rising demand from potential buyers.
The median home cost in Gainesville (zip 65655) is $189,000. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Gainesville (zip 65655) is up 21.4%.
Average Age of Homes
- The median age of Gainesville (zip 65655) real estate is 36 years old
The Rental Market in Gainesville (zip 65655)
- Renters make up 25.7% of the Gainesville (zip 65655) population
- 1.4% of houses and apartments in Gainesville (zip 65655), 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.