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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 12,947, 5,593 total housing units (homes and apartments), and a median house value of $281,894, Branson real estate and house prices are near the national average for all cities and towns.
Large apartment complexes or high rise apartments are the single most common housing type in Branson, accounting for 51.19% of the city's housing units. Other types of housing that are prevalent in Branson include single-family detached homes ( 26.56%), duplexes, homes converted to apartments or other small apartment buildings ( 12.22%), and a few row houses and other attached homes ( 7.29%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.
People in Branson primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Branson has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Branson 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 Branson built between 2000 and later ( 34.32%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.50%).
A decent proportion of the Branson housing stock is seasonally occupied. That is, homes and condos in Branson are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Branson housing market speaks to its popularity as a vacation location of choice.
Real estate appreciation rates in Branson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.11% during the period.
Appreciation rates are so strong in Branson that despite a nationwide downturn in the housing market, Branson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Branson appreciation rates continue to be some of the highest in America, at 6.67%, which is higher than appreciation rates in 71.90% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Branson. Branson appreciation rates in the latest quarter were at 0.31%, which equates to an annual appreciation rate of 1.23%.
Relative to Missouri, our data show that Branson's latest annual appreciation rate is higher than 80% of the other cities and towns in Missouri.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Branson differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Branson - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Branson real estate investment or home purchase decisions.
$281,894
for Missouri
for nation
5,593
$1,421 / per month