Florissant appreciation rates and housing market information

Florissant housing market information

With 50,229 people, 20,948 houses or apartments, and a median cost of homes of $131,361, house prices in Florissant are solidly below the national average.

single-family detached homes are the single most common housing type in Florissant, accounting for 78.44% of the city's housing units. Other types of housing that are prevalent in Florissant include large apartment complexes or high rise apartments (15.40%), duplexes, homes converted to apartments, or other small apartment buildings (4.23%), and a few row houses and other attached homes (1.80%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Florissant. Owner-occupied housing accounts for 74.61% of Florissant's homes, and 66.65% 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. Florissant's housing was primarily built during this period, from the '40s through the '60s. A full 75.61% of the city's housing hails from this era. Other housing ages represented in Florissant include homes built between 1970-1994 (21.78%), and housing constructed from 1939 and earlier (2.26%). There's also some housing in Florissant built between 1995 and later (.35%).

Florissant home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Florissant, where house values have increased just 33.98%, which is an average annual increase of 3.39%. NeighborhoodScout's data show that in the latest quarter, Florissant house values appreciated -0.65%, which is an annualized rate of -2.60%. This rate is lower than the appreciation rate found in 80% of the cities and towns in America.

Over the last year, Florissant appreciation rates have trailed the rest of the nation. In the last twelve months, Florissant's appreciation rate has been -3.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Florissant were at -0.65%, which equates to an annual appreciation rate of -2.60%.

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

Relative to Missouri, our data show that Florissant's latest annual appreciation rate is higher than 1% of the other cities and towns in Missouri.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Florissant differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Florissant - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Florissant real estate investment or home purchase decisions.