Bowling Green, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Bowling Green, 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

Bowling Green Housing Market Information

With 5,388 people, 1,311 houses or apartments, and a median cost of homes of $91,321, house prices in Bowling Green are solidly below the national average.

Single-family detached homes are the single most common housing type in Bowling Green, accounting for 69.76% of the city's housing units. Other types of housing that are prevalent in Bowling Green include large apartment complexes or high rise apartments ( 11.83%), duplexes, homes converted to apartments or other small apartment buildings ( 9.90%), and a few mobile homes or trailers ( 8.51%).

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

There is a lot of housing in Bowling Green 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 Bowling Green built between 1940-1969 ( 28.93%). A lesser amount of the housing stock also hails from before 1939 ( 18.48%). There's also some housing in Bowling Green built between 2000 and later ( 11.14%).

Bowling Green Home Appreciation Rates

Real estate appreciation rates in Bowling Green's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.36% during the period.

NeighborhoodScout's data show that during the latest twelve months, Bowling Green's appreciation rate, at 4.40%, has been at or slightly above the national average. In the latest quarter, Bowling Green's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Missouri, our data show that Bowling Green's latest annual appreciation rate is higher than 70% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$91,321

Bowling Green, MO HOME PRICES

Value Range
> $1,068,000 0.6
$801,001 - $1,068,000 0.6
$534,001 - $801,000 0.0
$427,001 - $534,000 0.9
$320,001 - $427,000 0.9
$214,001 - $320,000 12.2
$107,001 - $214,000 28.2
$54,001 - $107,000 36.1
$0 - $54,000 20.6

Low for MO
Very Low for Nation

Value Relative to Nation Value Relative to State
83.0364467362006 78.4

Number Of Homes And Apartments:
1,311

Bowling Green 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
24.17% 1.26% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$846 / per month

Homeownership Rate

Homeownership
Owners 32.26
Renters 67.74
Vacant 9.27

Housing Market Details

 

Age of Homes

AGE OF Bowling Green HOMES
2000 or Newer 11.1
1970 - 1999 41.5
1940 - 1969 28.9
1939 or Older 18.5

Types of Homes

TYPE OF Bowling Green HOMES
Single-Family 69.8
Townhomes 0.0
Small Apt. Buildings 9.9
Apt. Complexes 11.8
Mobile Homes 8.5
Other 0.0

Home Size

SIZE OF Bowling Green HOMES
No Bedroom 0.00
1 Bedroom 7.06
2 Bedrooms 26.30
3 Bedrooms 57.72
4 Bedrooms 6.64
5 or more bedrooms 2.28

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Zip Codes in Bowling Green, MO