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 1,875 people, 645 houses or apartments, and a median cost of homes of $215,643, Cedar Hill real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Cedar Hill, accounting for 73.40% of the town's housing units. Other types of housing that are prevalent in Cedar Hill include mobile homes or trailers ( 20.99%), large apartment complexes or high rise apartments ( 2.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.67%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cedar Hill. Owner-occupied housing accounts for 71.01% of Cedar Hill's homes, and 66.71% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Cedar Hill 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 Cedar Hill built between 1940-1969 ( 22.59%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.12%). There's also some housing in Cedar Hill built before 1939 ( 6.68%).
Vacant housing appears to be an issue in Cedar Hill. Fully 13.77% of the housing stock is classified as vacant. Left unchecked, vacant Cedar Hill homes and apartments can be a drag on the real estate market, holding Cedar Hill 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.
Cedar Hill's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Cedar Hill during the period has been just 4.60%, which is lower than 70% of US communities.
Over the last year, Cedar Hill appreciation rates have trailed the rest of the nation. In the last twelve months, Cedar Hill's appreciation rate has been 3.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cedar Hill were at -1.15%, which equates to an annual appreciation rate of -4.52%.
Relative to Missouri, our data show that Cedar Hill's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.
$1,455 / per month