Webster Groves appreciation rates and housing market information

Webster Groves housing market information

With a population of 23,064, 9,885 total housing units (homes and apartments), and a median house value of $278,081, Webster Groves real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Webster Groves, accounting for 81.10% of the city's housing units. Other types of housing that are prevalent in Webster Groves include large apartment complexes or high rise apartments (13.62%), duplexes, homes converted to apartments, or other small apartment buildings (3.65%), and a few row houses and other attached homes (1.36%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Webster Groves. Owner-occupied housing accounts for 77.13% of Webster Groves's homes, and 54.79% 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. Webster Groves's housing was primarily built during this period, from the '40s through the '60s. A full 41.99% of the city's housing hails from this era. Other housing ages represented in Webster Groves include homes built between 1939 and earlier (40.21%), and housing constructed from 1970-1994 (13.58%). There's also some housing in Webster Groves built between 1995 and later (4.22%).

Webster Groves home appreciation rates

Appreciation rates for homes in Webster Groves have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 83.84%, which ranks in the top 40% nationwide. This equates to an annual average Webster Groves house appreciation rate of 8.38%.

NeighborhoodScout's data show that during the latest twelve months, Webster Groves home appreciation rates, at 1.31%, have been at or slightly above the national average. In the latest quarter, Webster Groves's appreciation rate has been 0.58%, which annualizes to a rate of 2.32%.

Relative to Missouri, our data show that Webster Groves's latest annual appreciation rate is higher than 23% 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 Webster Groves differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Webster Groves - 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 Webster Groves real estate investment or home purchase decisions.