Ava, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Ava Neighborhoods Since 2000




Ava, MO 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

Ava Housing Market Information

With a population of 2,934, 1,252 total housing units (homes and apartments), and a median house value of $104,093, house prices in Ava are solidly below the national average.

Single-family detached homes are the single most common housing type in Ava, accounting for 75.43% of the city's housing units. Other types of housing that are prevalent in Ava include duplexes, homes converted to apartments or other small apartment buildings ( 14.48%), mobile homes or trailers ( 7.69%), and a few large apartment complexes or high rise apartments ( 2.40%).

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

There is a lot of housing in Ava built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Ava built between 1940-1969 ( 31.57%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.93%). There's also some housing in Ava built before 1939 ( 5.15%).

Vacant housing appears to be an issue in Ava. Fully 14.07% of the housing stock is classified as vacant. Left unchecked, vacant Ava homes and apartments can be a drag on the real estate market, holding Ava real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Ava Home Appreciation Rates

Appreciation rates for homes in Ava have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.03%, which ranks in the top 40% nationwide. This equates to an annual average Ava house appreciation rate of 0.87%.

Over the last year, Ava appreciation rates have trailed the rest of the nation. In the last twelve months, Ava's appreciation rate has been 2.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ava were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Missouri, our data show that Ava's latest annual appreciation rate is lower than 50% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$104,093

Ava, MO HOME PRICES

Value Range
> $1,085,000 2.7
$814,001 - $1,085,000 0.0
$543,001 - $814,000 0.0
$434,001 - $543,000 0.0
$326,001 - $434,000 0.9
$217,001 - $326,000 11.2
$109,001 - $217,000 31.7
$54,001 - $109,000 37.5
$0 - $54,000 15.9

Low for MO
Low for Nation

Value Relative to Nation Value Relative to State
74.9326145552561 66.8

Number Of Homes And Apartments:
1,252

Ava Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
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
48.12% 2.30% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$799 / per month

Homeownership Rate

Homeownership
Owners 43.02
Renters 56.98
Vacant 14.07

Housing Market Details

 

Age of Homes

AGE OF Ava HOMES
2000 or Newer 6.9
1970 - 1999 56.3
1940 - 1969 31.6
1939 or Older 5.1

Types of Homes

TYPE OF Ava HOMES
Single-Family 75.4
Townhomes 0.0
Small Apt. Buildings 14.5
Apt. Complexes 2.4
Mobile Homes 7.7
Other 0.0

Home Size

SIZE OF Ava HOMES
No Bedroom 0.00
1 Bedroom 9.81
2 Bedrooms 42.48
3 Bedrooms 42.90
4 Bedrooms 4.80
5 or more bedrooms 0.00

Popular Neighborhoods in Ava

Zip Codes in Ava, MO