Fort Leonard Wood, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fort Leonard Wood Neighborhoods Since 2000




Fort Leonard Wood, 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

Fort Leonard Wood Housing Market Information

With a population of 14,793, 2,490 total housing units (homes and apartments), and a median house value of $215,681, Fort Leonard Wood real estate is some of the most expensive in Missouri, although Fort Leonard Wood home values aren't among America's most expensive.

Duplexes, homes converted to apartments or other small apartment buildings are the single most common housing type in Fort Leonard Wood, accounting for 28.07% of the town's housing units. Other types of housing that are prevalent in Fort Leonard Wood include row houses and other attached homes ( 27.20%), single-family detached homes ( 24.03%), and a few large apartment complexes or high rise apartments ( 20.42%). Towns with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact towns that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

Renters dominate Fort Leonard Wood's housing market, and most live in three of four bedroom dwellings.

Fort Leonard Wood homes and real estate are some of the newest in America. 45.35% of Fort Leonard Wood's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fort Leonard Wood real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 40.80%), and between 1970-1999 ( 11.94%). There's also some housing in Fort Leonard Wood built before 1939 ( 1.91%).

Vacant housing appears to be an issue in Fort Leonard Wood. Fully 10.17% of the housing stock is classified as vacant. Left unchecked, vacant Fort Leonard Wood homes and apartments can be a drag on the real estate market, holding Fort Leonard Wood 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.

Fort Leonard Wood Home Appreciation Rates

In the last 10 years, Fort Leonard Wood has experienced some of the highest home appreciation rates of any community in the nation. Fort Leonard Wood real estate appreciated 15.46% over the last ten years, which is an average annual home appreciation rate of 1.45%, putting Fort Leonard Wood in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fort Leonard Wood definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Fort Leonard Wood's appreciation rate, at 3.33%, has been at or slightly above the national average. In the latest quarter, Fort Leonard Wood's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$215,681

Fort Leonard Wood, MO HOME PRICES

Value Range
> $1,111,000 0.0
$833,001 - $1,111,000 0.0
$555,001 - $833,000 0.0
$444,001 - $555,000 0.0
$333,001 - $444,000 0.0
$222,001 - $333,000 37.0
$111,001 - $222,000 55.6
$56,001 - $111,000 0.0
$0 - $56,000 7.4

Very High for MO
High for Nation

Value Relative to Nation Value Relative to State
28.5831477792101 10.4

Number Of Homes And Apartments:
2,490

Fort Leonard Wood 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
93.31% 3.89% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,364 / per month

Homeownership Rate

Homeownership
Owners 0.19
Renters 99.81
Vacant 10.17

Housing Market Details

 

Age of Homes

AGE OF Fort Leonard Wood HOMES
2000 or Newer 45.3
1970 - 1999 11.9
1940 - 1969 40.8
1939 or Older 1.9

Types of Homes

TYPE OF Fort Leonard Wood HOMES
Single-Family 24.0
Townhomes 27.2
Small Apt. Buildings 28.1
Apt. Complexes 20.4
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Fort Leonard Wood HOMES
No Bedroom 1.59
1 Bedroom 5.70
2 Bedrooms 35.35
3 Bedrooms 31.57
4 Bedrooms 22.33
5 or more bedrooms 3.46

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