Butler, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Butler Neighborhoods Since 2000




Butler, 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

Butler Housing Market Information

With 4,091 people, 1,730 houses or apartments, and a median cost of homes of $97,484, house prices in Butler are solidly below the national average.

Single-family detached homes are the single most common housing type in Butler, accounting for 74.87% of the city's housing units. Other types of housing that are prevalent in Butler include duplexes, homes converted to apartments or other small apartment buildings ( 16.51%), mobile homes or trailers ( 4.04%), and a few large apartment complexes or high rise apartments ( 3.66%).

People in Butler primarily live in small (one, two or no bedroom) single-family detached homes. Butler has a mixture of owner-occupied and renter-occupied housing.

Vacant housing appears to be an issue in Butler. Fully 16.71% of the housing stock is classified as vacant. Left unchecked, vacant Butler homes and apartments can be a drag on the real estate market, holding Butler real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Butler Home Appreciation Rates

Appreciation rates for homes in Butler have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.43%, which ranks in the top 40% nationwide. This equates to an annual average Butler house appreciation rate of 0.53%.

Appreciation rates are so strong in Butler that despite a nationwide downturn in the housing market, Butler real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Butler appreciation rates continue to be some of the highest in America, at 6.68%, which is higher than appreciation rates in 79.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Butler. Butler appreciation rates in the latest quarter were at -0.04%, which equates to an annual appreciation rate of -0.17%.

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

Average Home Values

 

Median Home Value:
$97,484

Butler, MO HOME PRICES

Value Range
> $1,143,000 0.0
$857,001 - $1,143,000 1.0
$572,001 - $857,000 0.9
$457,001 - $572,000 0.0
$343,001 - $457,000 2.4
$229,001 - $343,000 5.3
$114,001 - $229,000 30.5
$57,001 - $114,000 37.5
$0 - $57,000 22.5

Low for MO
Low for Nation

Value Relative to Nation Value Relative to State
79.1984061877417 72.6

Number Of Homes And Apartments:
1,730

Butler 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
37.26% 1.85% 6 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$736 / per month

Homeownership Rate

Homeownership
Owners 52.14
Renters 47.86
Vacant 16.71

Housing Market Details

 

Age of Homes

AGE OF Butler HOMES
2000 or Newer 6.1
1970 - 1999 40.3
1940 - 1969 40.3
1939 or Older 13.3

Types of Homes

TYPE OF Butler HOMES
Single-Family 74.9
Townhomes 0.9
Small Apt. Buildings 16.5
Apt. Complexes 3.7
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Butler HOMES
No Bedroom 3.18
1 Bedroom 10.54
2 Bedrooms 41.94
3 Bedrooms 35.15
4 Bedrooms 8.47
5 or more bedrooms 0.72

Popular Neighborhoods in Butler

Popular Communities Near Butler, MO

Zip Codes in Butler, MO