Eldon, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Eldon, 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

Eldon Housing Market Information

With 4,632 people, 1,884 houses or apartments, and a median cost of homes of $89,581, house prices in Eldon are solidly below the national average.

Single-family detached homes are the single most common housing type in Eldon, accounting for 75.81% of the city's housing units. Other types of housing that are prevalent in Eldon include mobile homes or trailers ( 11.35%), duplexes, homes converted to apartments or other small apartment buildings ( 8.83%), and a few large apartment complexes or high rise apartments ( 3.34%).

The most prevalent building size and type in Eldon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.08% owning and 40.92% renting.

There is a lot of housing in Eldon 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 Eldon built between 1940-1969 ( 26.62%). A lesser amount of the housing stock also hails from before 1939 ( 17.13%). There's also some housing in Eldon built between 2000 and later ( 10.21%).

Vacant housing appears to be an issue in Eldon. Fully 10.11% of the housing stock is classified as vacant. Left unchecked, vacant Eldon homes and apartments can be a drag on the real estate market, holding Eldon 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.

Eldon Home Appreciation Rates

Eldon's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Eldon during the period has been just -1.31%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Eldon's appreciation rate, at 4.16%, has been at or slightly above the national average. In the latest quarter, Eldon's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Missouri, our data show that Eldon's latest annual appreciation rate is higher than 70% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$89,581

Eldon, MO HOME PRICES

Value Range
> $1,064,000 0.0
$798,001 - $1,064,000 0.0
$532,001 - $798,000 0.0
$426,001 - $532,000 0.0
$319,001 - $426,000 0.0
$213,001 - $319,000 6.6
$106,001 - $213,000 23.4
$53,001 - $106,000 40.2
$0 - $53,000 29.7

Low for MO
Very Low for Nation

Value Relative to Nation Value Relative to State
84.2962615727177 80.0

Number Of Homes And Apartments:
1,884

Eldon 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
24.21% 1.26% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$805 / per month

Homeownership Rate

Homeownership
Owners 59.08
Renters 40.92
Vacant 10.11

Housing Market Details

 

Age of Homes

AGE OF Eldon HOMES
2000 or Newer 10.2
1970 - 1999 46.0
1940 - 1969 26.6
1939 or Older 17.1

Types of Homes

TYPE OF Eldon HOMES
Single-Family 75.8
Townhomes 0.7
Small Apt. Buildings 8.8
Apt. Complexes 3.3
Mobile Homes 11.4
Other 0.0

Home Size

SIZE OF Eldon HOMES
No Bedroom 0.00
1 Bedroom 7.49
2 Bedrooms 39.07
3 Bedrooms 36.35
4 Bedrooms 16.27
5 or more bedrooms 0.81

Popular Neighborhoods in Eldon

Zip Codes in Eldon, MO