There are many innovative real estate investing opportunities in Callaway County, Missouri. The county has a population of over 44,000 people and is located in the central part of the state. The county seat is Fulton and the largest city is Columbia.
The median home value in Callaway County is $153,600, which is lower than the national average of $184,700. The median rent price in Callaway County is $959, which is also lower than the national average of $1,045. There are many affordable housing options available in Callaway County for both renters and buyers.
There are several universities and colleges located in Callaway County, which makes it a great place to invest in student housing. The University of Missouri is located in Columbia and has over 30,000 students enrolled. William Woods University and Lincoln University are also located in the county. There are many other smaller colleges and universities located throughout the county as well.
The economy in Callaway County is strong and diversified. The unemployment rate is 3.8%, which is lower than the national average of 4.4%. The major industries in the county include healthcare, education, manufacturing, agriculture, and tourism.
There are many different real estate investing opportunities available in Callaway County depending on what type of investment you are looking for. If you are looking for an investment that will provide cash flow through rental income then student housing or multifamily properties would be a good option to consider. If you are looking for appreciation then single family homes or vacant land would be a better option to look into
Price Index: Jefferson City, MO