Boonville, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Boonville Neighborhoods Since 2000




Boonville, 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

Boonville Housing Market Information

With 8,403 people, 2,987 houses or apartments, and a median cost of homes of $135,853, house prices in Boonville are solidly below the national average.

Single-family detached homes are the single most common housing type in Boonville, accounting for 74.62% of the city's housing units. Other types of housing that are prevalent in Boonville include duplexes, homes converted to apartments or other small apartment buildings ( 13.17%), large apartment complexes or high rise apartments ( 7.61%), and a few row houses and other attached homes ( 3.44%).

The most prevalent building size and type in Boonville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.49% owning and 51.51% 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. Boonville's housing was primarily built during this period, from the '40s through the '60s. A full 36.83% of the city's housing hails from this era. Other housing ages represented in Boonville include homes built between 1970-1999 ( 31.90%) and housing constructed before 1939 ( 19.12%). There's also some housing in Boonville built between 2000 and later ( 12.15%).

Boonville Home Appreciation Rates

Appreciation rates for homes in Boonville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.09%, which ranks in the top 40% nationwide. This equates to an annual average Boonville house appreciation rate of 0.50%.

Over the last year, Boonville appreciation rates have trailed the rest of the nation. In the last twelve months, Boonville's appreciation rate has been 1.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Boonville were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$135,853

Boonville, MO HOME PRICES

Value Range
> $1,077,000 0.8
$807,001 - $1,077,000 0.0
$538,001 - $807,000 2.4
$431,001 - $538,000 1.1
$323,001 - $431,000 1.5
$216,001 - $323,000 12.9
$107,001 - $216,000 39.5
$54,001 - $107,000 36.4
$0 - $54,000 5.4

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
56.7444040782843 39.0

Number Of Homes And Apartments:
2,987

Boonville 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
26.71% 1.38% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$790 / per month

Homeownership Rate

Homeownership
Owners 48.49
Renters 51.51
Vacant 9.76

Housing Market Details

 

Age of Homes

AGE OF Boonville HOMES
2000 or Newer 12.1
1970 - 1999 31.9
1940 - 1969 36.8
1939 or Older 19.1

Types of Homes

TYPE OF Boonville HOMES
Single-Family 74.6
Townhomes 3.4
Small Apt. Buildings 13.2
Apt. Complexes 7.6
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Boonville HOMES
No Bedroom 0.00
1 Bedroom 11.51
2 Bedrooms 25.53
3 Bedrooms 45.38
4 Bedrooms 13.96
5 or more bedrooms 3.63

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Zip Codes in Boonville, MO