Bonne Terre MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Bonne Terre, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Bonne Terre Housing Market Information

With a population of 7,063, 1,671 total housing units (homes and apartments), and a median house value of $123,010, house prices in Bonne Terre are solidly below the national average.

Single-family detached homes are the single most common housing type in Bonne Terre, accounting for 73.64% of the city's housing units. Other types of housing that are prevalent in Bonne Terre include duplexes, homes converted to apartments or other small apartment buildings ( 16.36%), large apartment complexes or high rise apartments ( 7.51%), and a few mobile homes or trailers ( 1.85%).

Renters dominate Bonne Terre's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

The housing in Bonne Terre was primarily built before 1939 ( 34.57%), making the housing stock in Bonne Terre some of the oldest overall in America, although there is a range of ages of homes in Bonne Terre. The next most important housing age is between 1970-1999 ( 33.64%), followed by between 1940-1969 ( 21.33%). There's also some housing in Bonne Terre built between 2000 and later ( 10.46%).

Bonne Terre Home Appreciation Rates

Appreciation rates for homes in Bonne Terre have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 31.18%, which ranks in the top 50% nationwide. This equates to an annual average Bonne Terre house appreciation rate of 2.75%.

Over the last year, Bonne Terre appreciation rates have trailed the rest of the nation. In the last twelve months, Bonne Terre's appreciation rate has been 3.70%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bonne Terre were at 1.81%, which equates to an annual appreciation rate of 7.43%.

Relative to Missouri, our data show that Bonne Terre's latest annual appreciation rate is lower than 80% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$123,010

Bonne Terre, MO HOME PRICES

Value Range
> $1,210,000 0.0
$907,001 - $1,210,000 0.0
$605,001 - $907,000 1.0
$484,001 - $605,000 0.0
$363,001 - $484,000 2.5
$242,001 - $363,000 7.6
$121,001 - $242,000 32.0
$60,001 - $121,000 46.2
$0 - $60,000 10.8

Low for MO
Low for Nation

Value Relative to Nation Value Relative to State
73.8802919708029 65.0

Number Of Homes And Apartments:
1,671

Bonne Terre Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
51.96% 2.09%
4
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$766 / per month

Homeownership Rate

Homeownership
Owners 31.55
Renters 68.45
Vacant 3.41

Housing Market Details

 

Age of Homes

AGE OF Bonne Terre HOMES
2000 or Newer 10.5
1970 - 1999 33.6
1940 - 1969 21.3
1939 or Older 34.6

Types of Homes

TYPE OF Bonne Terre HOMES
Single-Family 73.6
Townhomes 0.6
Small Apt. Buildings 16.4
Apt. Complexes 7.5
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Bonne Terre HOMES
No Bedroom 2.49
1 Bedroom 10.46
2 Bedrooms 31.39
3 Bedrooms 40.87
4 Bedrooms 11.79
5 or more bedrooms 3.01