Crestwood, MO Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Crestwood, MO Housing Market Trends

With a population of 11,834, 4,855 total housing units (homes and apartments), and a median house value of $238,333, Crestwood real estate is some of the most expensive in Missouri, although Crestwood home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Crestwood, accounting for 89.09% of the city's housing units. Other types of housing that are prevalent in Crestwood include large apartment complexes or high rise apartments ( 6.19%), duplexes, homes converted to apartments or other small apartment buildings ( 3.32%), and a few row houses and other attached homes ( 1.41%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Crestwood. Owner-occupied housing accounts for 86.43% of Crestwood's homes, and 76.39% have either three or four bedrooms, which is average sized relative to America.

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. Crestwood's housing was primarily built during this period, from the '40s through the '60s. A full 77.30% of the city's housing hails from this era. Other housing ages represented in Crestwood include homes built between 1970-1999 ( 13.96%) and housing constructed between 2000 and later ( 7.23%). There's also some housing in Crestwood built before 1939 ( 1.51%).

Crestwood Home Appreciation Rates

Real estate appreciation rates in Crestwood's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.08% during the period.

Over the last year, Crestwood appreciation rates have trailed the rest of the nation. In the last twelve months, Crestwood's appreciation rate has been 4.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crestwood were at 1.34%, which equates to an annual appreciation rate of 5.49%.

Relative to Missouri, our data show that Crestwood's latest annual appreciation rate is lower than 80% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$238,333

Crestwood, MO HOME PRICES

> $1,148,000
0.3%
0.3%
$861,001 - $1,148,000
0.3%
0.3%
$574,001 - $861,000
3.1%
3.1%
$459,001 - $574,000
4.4%
4.4%
$344,001 - $459,000
14.0%
14.0%
$230,001 - $344,000
29.7%
29.7%
$115,001 - $230,000
44.9%
44.9%
$57,001 - $115,000
1.9%
1.9%
$0 - $57,000
1.2%
1.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for MO

Value Relative To Nation

Number Of Homes And Apartments:
4,855

Crestwood Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
60.56% 2.25%
5
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,338 / per month

Homeownership Rate

Owners
86.4%
86.4%
Renters
13.6%
13.6%
Vacant
2.5%
2.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.2%
7.2%
1970 - 1999
14.0%
14.0%
1940 - 1969
77.3%
77.3%
1939 or Older
1.5%
1.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.1%
89.1%
Townhomes
1.4%
1.4%
Small Apt. Buildings
3.3%
3.3%
Apt. Complexes
6.2%
6.2%
Mobile Homes
0.0%
0.0%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.2%
0.2%
1 Bedroom
4.4%
4.4%
2 Bedrooms
17.6%
17.6%
3 Bedrooms
55.6%
55.6%
4 Bedrooms
20.8%
20.8%
5 or more bedrooms
1.5%
1.5%
0.0% 100.0%
% OF HOMES