Crestwood appreciation rates and housing market information

Crestwood housing market information

With 11,720 people, 5,207 houses or apartments, and a median cost of homes of $227,760, Crestwood real estate is some of the most expensive in Missouri, although Crestwood home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Crestwood, accounting for 93.26% of the city's housing units. Other types of housing that are prevalent in Crestwood include duplexes, homes converted to apartments, or other small apartment buildings (2.90%), large apartment complexes or high rise apartments (2.80%), and a few row houses and other attached homes (0.86%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Crestwood. Owner-occupied housing accounts for 89.61% of Crestwood's homes, and 76.47% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Crestwood's housing was primarily built during this period, from the '40s through the '60s. A full 84.35% of the city's housing hails from this era. Other housing ages represented in Crestwood include homes built between 1970-1994 (10.52%), and housing constructed from 1939 and earlier (4.44%). There's also some housing in Crestwood built between 1995 and later (.69%).

Crestwood home appreciation rates

Real estate appreciation rates in Crestwood have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.47% during the period.

Over the last year, Crestwood appreciation rates have trailed the rest of the nation. In the last twelve months, Crestwood's appreciation rate has been -0.59%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crestwood were at 0.10%, which equates to an annual appreciation rate of 0.40%.

Relative to Missouri, our data show that Crestwood's latest annual appreciation rate is higher than 11% of the other cities and towns in Missouri.