Black Jack appreciation rates and housing market information

Black Jack housing market information

With 6,452 people, 2,593 houses or apartments, and a median cost of homes of $172,790, Black Jack real estate is some of the most expensive in Missouri, although Black Jack home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Black Jack, accounting for 75.74% of the city's housing units. Other types of housing that are prevalent in Black Jack include large apartment complexes or high rise apartments (22.18%), duplexes, homes converted to apartments, or other small apartment buildings (1.35%), and a few row houses and other attached homes (0.73%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Black Jack. Owner-occupied housing accounts for 69.46% of Black Jack's homes, and 68.56% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Black Jack built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Black Jack built from 1940-1969 (32.12%). A lesser amount of the housing stock also hails from 1995 and later (16.51%), and some were built from 1939 and earlier (16.51%).

Black Jack home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Black Jack, where house values have increased just 34.46%, which is an average annual increase of 3.44%. NeighborhoodScout's data show that in the latest quarter, Black Jack house values appreciated -0.64%, which is an annualized rate of -2.56%. This rate is lower than the appreciation rate found in 80% of the cities and towns in America.

Over the last year, Black Jack appreciation rates have trailed the rest of the nation. In the last twelve months, Black Jack's appreciation rate has been -3.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Black Jack were at -0.64%, which equates to an annual appreciation rate of -2.56%.

Notably, Black Jack's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Missouri, our data show that Black Jack's latest annual appreciation rate is higher than 2% of the other cities and towns in Missouri.