Mission, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Mission Neighborhoods Since 2000




Mission, KS Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Mission Housing Market Information

With 9,491 people, 4,834 houses or apartments, and a median cost of homes of $173,844, Mission real estate is some of the most expensive in Kansas, although Mission home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Mission, accounting for 46.16% of the city's housing units. Other types of housing that are prevalent in Mission include large apartment complexes or high rise apartments ( 39.70%), row houses and other attached homes ( 6.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.71%).

People in Mission primarily live in small (one, two or no bedroom) single-family detached homes. Mission has a mixture of owner-occupied and renter-occupied housing.

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. Mission's housing was primarily built during this period, from the '40s through the '60s. A full 47.53% of the city's housing hails from this era. Other housing ages represented in Mission include homes built between 1970-1999 ( 42.68%) and housing constructed before 1939 ( 7.02%). There's also some housing in Mission built between 2000 and later ( 2.77%).

Mission Home Appreciation Rates

Appreciation rates for homes in Mission have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.57%, which ranks in the top 40% nationwide. This equates to an annual average Mission house appreciation rate of 0.73%.

NeighborhoodScout's data show that during the latest twelve months, Mission's appreciation rate, at 4.83%, has been at or slightly above the national average. In the latest quarter, Mission's appreciation rate has been -0.04%, which annualizes to a rate of -0.17%.

Relative to Kansas, our data show that Mission's latest annual appreciation rate is higher than 60% of the other cities and towns in Kansas.

Average Home Values

 

Median Home Value:
$173,844

Mission, KS HOME PRICES

Value Range
> $1,149,000 0.7
$862,001 - $1,149,000 0.3
$575,001 - $862,000 1.6
$460,001 - $575,000 1.0
$345,001 - $460,000 1.8
$230,001 - $345,000 12.7
$115,001 - $230,000 74.6
$58,001 - $115,000 6.3
$0 - $58,000 1.0

Very High for KS
Average for Nation

Value Relative to Nation Value Relative to State
40.3023555607641 14.5390070921986

Number Of Homes And Apartments:
4,834

Mission Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
39.20% 1.94% 4 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,111 / per month

Homeownership Rate

Homeownership
Owners 48.59
Renters 51.41
Vacant 6.52

Housing Market Details

 

Age of Homes

AGE OF Mission HOMES
2000 or Newer 2.8
1970 - 1999 42.7
1940 - 1969 47.5
1939 or Older 7.0

Types of Homes

TYPE OF Mission HOMES
Single-Family 46.2
Townhomes 6.8
Small Apt. Buildings 6.7
Apt. Complexes 39.7
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Mission HOMES
No Bedroom 4.83
1 Bedroom 20.13
2 Bedrooms 34.69
3 Bedrooms 31.46
4 Bedrooms 8.10
5 or more bedrooms 0.77