Caruthersville, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Caruthersville Neighborhoods Since 2000




Caruthersville, 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

Caruthersville Housing Market Information

With 5,930 people, 2,613 houses or apartments, and a median cost of homes of $55,421, house prices in Caruthersville are some of the most affordable in Missouri as well as the nation.

Single-family detached homes are the single most common housing type in Caruthersville, accounting for 70.02% of the city's housing units. Other types of housing that are prevalent in Caruthersville include duplexes, homes converted to apartments or other small apartment buildings ( 17.47%), large apartment complexes or high rise apartments ( 7.79%), and a few mobile homes or trailers ( 3.21%).

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

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. Caruthersville's housing was primarily built during this period, from the '40s through the '60s. A full 51.57% of the city's housing hails from this era. Other housing ages represented in Caruthersville include homes built between 1970-1999 ( 27.85%) and housing constructed between 2000 and later ( 11.36%). There's also some housing in Caruthersville built before 1939 ( 9.22%).

Caruthersville Home Appreciation Rates

Appreciation rates for homes in Caruthersville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.32%, which ranks in the top 30% nationwide. This equates to an annual average Caruthersville house appreciation rate of 0.99%.

Over the last year, Caruthersville appreciation rates have trailed the rest of the nation. In the last twelve months, Caruthersville's appreciation rate has been 2.29%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Caruthersville were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$55,421

Caruthersville, MO HOME PRICES

Value Range
> $1,068,000 0.0
$801,001 - $1,068,000 0.0
$534,001 - $801,000 0.0
$427,001 - $534,000 0.2
$320,001 - $427,000 2.8
$213,001 - $320,000 9.7
$107,001 - $213,000 18.5
$54,001 - $107,000 35.9
$0 - $54,000 32.8

Very Low for MO
Very Low for Nation

Value Relative to Nation Value Relative to State
98.7636235790461 99.0

Number Of Homes And Apartments:
2,613

Caruthersville 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
49.49% 2.36% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$729 / per month

Homeownership Rate

Homeownership
Owners 43.73
Renters 56.27
Vacant 8.70

Housing Market Details

 

Age of Homes

AGE OF Caruthersville HOMES
2000 or Newer 11.4
1970 - 1999 27.8
1940 - 1969 51.6
1939 or Older 9.2

Types of Homes

TYPE OF Caruthersville HOMES
Single-Family 70.0
Townhomes 1.5
Small Apt. Buildings 17.5
Apt. Complexes 7.8
Mobile Homes 3.2
Other 0.0

Home Size

SIZE OF Caruthersville HOMES
No Bedroom 0.00
1 Bedroom 13.17
2 Bedrooms 40.99
3 Bedrooms 34.38
4 Bedrooms 9.12
5 or more bedrooms 2.34

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