64741, Deerfield, MO

Deerfield, Missouri is located in the 64741 zip code. The median home value in this zip code is $227,000. The average home value in the 64741 zip code has increased by 8% over the past year. This is a higher rate of growth than the national average of 5%.

The main reason for this increase in home values is likely due to an influx of new residents and businesses into the area. Deerfield has seen a significant increase in population over the past few years, which has led to an increase in demand for housing and commercial properties. Additionally, many homeowners are able to leverage their home equity to purchase additional property or invest in other ventures.

Despite these positive trends, there are still some areas of concern for home buyers and sellers within the 64741 zip code. One issue that has arisen recently is an increasing number of foreclosure auctions taking place within this area. This could lead to a decrease in demand for residential properties as potential buyers may be more hesitant to invest given the uncertain market conditions. Additionally, there may be a delay in selling times for homes that do come up for sale as potential buyers may be waiting out any potential bidding wars or uncertainties surrounding the market conditions.