65354, Syracuse, MO

The 65354 zip code of Syracuse, Missouri is located in the southeast corner of the state and includes a population of just over 30,000. The median household income in this zip code is $56,500, and the median home value is $145,000. Home equity in this zip code has increased by more than 20% since 2007, when the median home value was $122,000. In addition to strong home equity values, there has been an increase in home prices throughout most of Missouri since 2007. The average home price in Missouri increased by almost 24% between 2007 and 2016. This trend appears to be continuing into 2017 as the average home price in Missouri was up 0.5% from January to February 2017.

While there are some variations across different parts of Missouri (due to factors like location and size), it is generally safe to say that homes are selling faster and for higher prices than they were five years ago. This trend may continue for some time as interest rates remain low and demand remains high for housing throughout much of the United States. If you are looking to buy a house or invest in your home equity, now may be a good time to do so!