Bellefontaine Neighbors, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Lowest

Highest Appreciating Bellefontaine Neighbors Neighborhoods Since 2000




Bellefontaine Neighbors, 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

Bellefontaine Neighbors Housing Market Information

With 10,798 people, 4,062 houses or apartments, and a median cost of homes of $78,721, house prices in Bellefontaine Neighbors are some of the most affordable in Missouri as well as the nation.

Single-family detached homes are the single most common housing type in Bellefontaine Neighbors, accounting for 91.32% of the city's housing units. Other types of housing that are prevalent in Bellefontaine Neighbors include duplexes, homes converted to apartments or other small apartment buildings ( 3.70%), large apartment complexes or high rise apartments ( 3.31%), and a few mobile homes or trailers ( 1.15%).

The most prevalent building size and type in Bellefontaine Neighbors are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.94% owning and 37.06% renting.

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. Bellefontaine Neighbors's housing was primarily built during this period, from the '40s through the '60s. A full 79.68% of the city's housing hails from this era. Other housing ages represented in Bellefontaine Neighbors include homes built between 1970-1999 ( 18.60%) and housing constructed before 1939 ( 1.08%).

Bellefontaine Neighbors Home Appreciation Rates

Homes have actually lost value in Bellefontaine Neighbors over the last then years, as home values have seen a decline of 29.52% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Bellefontaine Neighbors home appreciation rates at 1.03%, which equates to an annual appreciation rate of 4.19%.

Appreciation rates are so strong in Bellefontaine Neighbors that despite a nationwide downturn in the housing market, Bellefontaine Neighbors real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bellefontaine Neighbors appreciation rates continue to be some of the highest in America, at 7.95%, which is higher than appreciation rates in 86.49% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bellefontaine Neighbors. Bellefontaine Neighbors appreciation rates in the latest quarter were at 1.03%, which equates to an annual appreciation rate of 4.19%.

Relative to Missouri, our data show that Bellefontaine Neighbors's latest annual appreciation rate is higher than 90% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$78,721

Bellefontaine Neighbors, MO HOME PRICES

Value Range
> $1,077,000 0.0
$808,001 - $1,077,000 0.1
$539,001 - $808,000 0.0
$431,001 - $539,000 0.0
$323,001 - $431,000 0.5
$216,001 - $323,000 0.0
$108,001 - $216,000 20.2
$54,001 - $108,000 64.4
$0 - $54,000 14.7

Very Low for MO
Very Low for Nation

Value Relative to Nation Value Relative to State
91.3219266377593 89.2

Number Of Homes And Apartments:
4,062

Bellefontaine Neighbors 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
-7.66% -0.46% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,136 / per month

Homeownership Rate

Homeownership
Owners 62.94
Renters 37.06
Vacant 6.73

Housing Market Details

 

Age of Homes

AGE OF Bellefontaine Neighbors HOMES
2000 or Newer 0.6
1970 - 1999 18.6
1940 - 1969 79.7
1939 or Older 1.1

Types of Homes

TYPE OF Bellefontaine Neighbors HOMES
Single-Family 91.3
Townhomes 0.5
Small Apt. Buildings 3.7
Apt. Complexes 3.3
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Bellefontaine Neighbors HOMES
No Bedroom 0.51
1 Bedroom 6.34
2 Bedrooms 35.52
3 Bedrooms 47.10
4 Bedrooms 7.99
5 or more bedrooms 2.55

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Zip Codes in Bellefontaine Neighbors, MO