The housing market in Elm, MO is performing well above the national average. The median value of a home in Elm is $124,900, compared to the US House median value of $338,100. In addition, the 1 year appreciation rate for houses in Elm is 13.45%, far greater than the US 1 year House Appreciation rate of 8.27%. This indicates that housing values in Elm are increasing at a much faster pace than the rest of the country and could potentially be a great investment opportunity for home buyers.
The median home cost in Elm is $124,900. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Elm is up 17.1%.
Average Age of Homes
- The median age of Elm real estate is 43 years old
The Rental Market in Elm
- Renters make up 13.6% of the Elm population
- 0.0% of houses and apartments in Elm, 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.