Cuba, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Cuba Neighborhoods Since 2000




Cuba, 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

Cuba Housing Market Information

With a population of 3,374, 1,139 total housing units (homes and apartments), and a median house value of $124,886, house prices in Cuba are solidly below the national average.

Single-family detached homes are the single most common housing type in Cuba, accounting for 63.16% of the city's housing units. Other types of housing that are prevalent in Cuba include large apartment complexes or high rise apartments ( 13.27%), duplexes, homes converted to apartments or other small apartment buildings ( 12.26%), and a few mobile homes or trailers ( 9.93%).

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

There is a lot of housing in Cuba 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 Cuba built between 1940-1969 ( 25.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.13%). There's also some housing in Cuba built before 1939 ( 7.18%).

Vacant housing appears to be an issue in Cuba. Fully 17.40% of the housing stock is classified as vacant. Left unchecked, vacant Cuba homes and apartments can be a drag on the real estate market, holding Cuba 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.

Cuba Home Appreciation Rates

In the last 10 years, Cuba has experienced some of the highest home appreciation rates of any community in the nation. Cuba real estate appreciated 16.62% over the last ten years, which is an average annual home appreciation rate of 1.55%, putting Cuba in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Cuba definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Cuba that despite a nationwide downturn in the housing market, Cuba real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cuba appreciation rates continue to be some of the highest in America, at 6.00%, which is higher than appreciation rates in 74.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cuba. Cuba appreciation rates in the latest quarter were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$124,886

Cuba, MO HOME PRICES

Value Range
> $1,111,000 0.0
$833,001 - $1,111,000 0.0
$556,001 - $833,000 1.4
$445,001 - $556,000 0.5
$334,001 - $445,000 4.1
$222,001 - $334,000 7.1
$111,001 - $222,000 51.7
$56,001 - $111,000 31.8
$0 - $56,000 3.3

Average for MO
Low for Nation

Value Relative to Nation Value Relative to State
62.6157271768429 48.2

Number Of Homes And Apartments:
1,139

Cuba 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
49.84% 2.37% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$706 / per month

Homeownership Rate

Homeownership
Owners 51.01
Renters 48.99
Vacant 17.40

Housing Market Details

 

Age of Homes

AGE OF Cuba HOMES
2000 or Newer 23.1
1970 - 1999 44.5
1940 - 1969 25.2
1939 or Older 7.2

Types of Homes

TYPE OF Cuba HOMES
Single-Family 63.2
Townhomes 1.4
Small Apt. Buildings 12.3
Apt. Complexes 13.3
Mobile Homes 9.9
Other 0.0

Home Size

SIZE OF Cuba HOMES
No Bedroom 1.31
1 Bedroom 12.47
2 Bedrooms 37.27
3 Bedrooms 43.29
4 Bedrooms 4.28
5 or more bedrooms 1.38

Zip Codes in Cuba, MO