64842, Fairview, MO

The Fairview, MO 64842 zip code has a population of approximately 9,000 people. The median household income in the zip code is $92,500 and the median home value is $227,000. The average home size in the zip code is 2,898 square feet.

There are currently six active listings in the Fairview zip code. The average list price for a single-family home in the Fairview area is $269,000 and the average list price for a two-family home is $269,500. There are currently no active listings for condos or apartments in the Fairview area.

The Fairview area has seen an increase in home equity over the past five years. In 2012, the median home equity was $128,000 and by 2016 that number had increased to $158,000. Over this same period of time, the average sale price for a single-family home has increased from $179,200 to $227,600 while two-family homes have seen an increase from an average sale price of $236K to an average sale price of $269K.

There are several factors that could be contributing to this trend including low interest rates and increasing prices across all types of housing stock in Missouri. Additionally there may be some buyers who are choosing to invest their money into their homes rather than taking on more debt or spending it elsewhere which could also be contributing to these increases over time