63863, Malden, MO

The home equity and home prices in the 63863 zip code of Malden, MO are reflective of the overall market conditions in the area. The average home value in this zip code is $159,000, which is lower than the Missouri average of $177,500. Additionally, the percentage of homes that are owner-occupied is lower than the Missouri average of 66%. This indicates that there may be a greater demand for rental properties in this area.

Despite these market conditions, there has been an increase in home equity and home prices over the past five years. Between 2012 and 2016, the median home value increased by 14%, which indicates that there is some stability within this market. Additionally, between 2015 and 2017, there was an increase of 7% in home values within this zip code. This suggests that although current market conditions may be unfavorable for buyers or renters looking to purchase or rent a property in Malden, MO; over time these conditions may change.