Kirkwood appreciation rates and housing market information

Kirkwood housing market information

With 27,270 people, 12,324 houses or apartments, and a median cost of homes of $275,050, Kirkwood real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Kirkwood, accounting for 76.23% of the city's housing units. Other types of housing that are prevalent in Kirkwood include large apartment complexes or high rise apartments (17.34%), duplexes, homes converted to apartments, or other small apartment buildings (5.14%), and a few row houses and other attached homes (1.17%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Kirkwood. Owner-occupied housing accounts for 73.84% of Kirkwood's homes, and 56.19% 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. Kirkwood's housing was primarily built during this period, from the '40s through the '60s. A full 55.78% of the city's housing hails from this era. Other housing ages represented in Kirkwood include homes built between 1970-1994 (22.78%), and housing constructed from 1939 and earlier (18.57%). There's also some housing in Kirkwood built between 1995 and later (2.87%).

Kirkwood home appreciation rates

Appreciation rates for homes in Kirkwood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 81.55%, which ranks in the top 40% nationwide. This equates to an annual average Kirkwood house appreciation rate of 8.15%.

NeighborhoodScout's data show that during the latest twelve months, Kirkwood home appreciation rates, at 1.08%, have been at or slightly above the national average. In the latest quarter, Kirkwood's appreciation rate has been 0.52%, which annualizes to a rate of 2.08%.

Relative to Missouri, our data show that Kirkwood's latest annual appreciation rate is higher than 22% of the other cities and towns in Missouri.