64833, Avilla, MO

The 64833 zip code of Avilla, Missouri is a suburban area located in the southeast corner of the state. As of 2013, the population was 17,827. The median household income was $87,914 and the median family income was $104,711. The unemployment rate in 2013 was 3.5%.

As of September 2014, there were a total of 10 home sales in the 64833 zip code. The average sale price was $269,000 and the average home equity value was $236,500. Home prices have increased by an average of 9% over the past year and are projected to increase by an additional 5% over the next year. This trend is likely to continue as more families move into this area and demand for housing increases.

One reason for this upward trend in home prices is that Avilla is located within a desirable area with high incomes and low unemployment rates. Families are also increasingly looking to purchase homes rather than rent them due to increasing costs associated with rental properties such as rent hikes and security deposits. Additionally, many families are able to borrow against their home equity which allows them to purchase a property sooner rather than waiting for years for their mortgage payments to come down in price.