Housing in 63742 Commerce, MO is relatively affordable compared to the US median value. The housing median value in 63742 Commerce, MO is $69,500, much lower than the US house median value of $338,100. Additionally, the 1 year house appreciation rate for 63742 Commerce, MO is 13.66%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that housing in 63742 Commerce, MO may be a good investment for those looking to purchase and hold a property over time.
The median home cost in Commerce (zip 63742) is $69,500. Home appreciation the last 10 years has been 55.7%. Home Appreciation in Commerce (zip 63742) is up 15.3%.
Average Age of Homes
- The median age of Commerce (zip 63742) real estate is 26 years old
The Rental Market in Commerce (zip 63742)
- Renters make up 22.6% of the Commerce (zip 63742) population
- 0.0% of houses and apartments in Commerce (zip 63742), 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.