Fredericktown, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Fredericktown Neighborhoods Since 2000




Fredericktown, 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

Fredericktown Housing Market Information

With 4,076 people, 1,693 houses or apartments, and a median cost of homes of $85,751, house prices in Fredericktown are some of the most affordable in Missouri as well as the nation.

Single-family detached homes are the single most common housing type in Fredericktown, accounting for 77.88% of the city's housing units. Other types of housing that are prevalent in Fredericktown include duplexes, homes converted to apartments or other small apartment buildings ( 12.29%), mobile homes or trailers ( 5.18%), and a few large apartment complexes or high rise apartments ( 2.50%).

Dwellings in Fredericktown tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 66.59% of the homes in Fredericktown have two or fewer bedrooms.

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. Fredericktown's housing was primarily built during this period, from the '40s through the '60s. A full 42.63% of the city's housing hails from this era. Other housing ages represented in Fredericktown include homes built between 1970-1999 ( 36.35%) and housing constructed before 1939 ( 15.01%). There's also some housing in Fredericktown built between 2000 and later ( 6.01%).

Vacant housing appears to be an issue in Fredericktown. Fully 25.68% of the housing stock is classified as vacant. Left unchecked, vacant Fredericktown homes and apartments can be a drag on the real estate market, holding Fredericktown 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.

Fredericktown Home Appreciation Rates

Appreciation rates for homes in Fredericktown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.47%, which ranks in the top 50% nationwide. This equates to an annual average Fredericktown house appreciation rate of 0.34%.

Over the last year, Fredericktown appreciation rates have trailed the rest of the nation. In the last twelve months, Fredericktown's appreciation rate has been 1.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fredericktown were at 0.00%, which equates to an annual appreciation rate of 0.00%.

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

Average Home Values

 

Median Home Value:
$85,751

Fredericktown, MO HOME PRICES

Value Range
> $1,077,000 1.1
$808,001 - $1,077,000 0.0
$539,001 - $808,000 0.0
$431,001 - $539,000 0.1
$323,001 - $431,000 0.0
$215,001 - $323,000 2.0
$108,001 - $215,000 23.6
$54,001 - $108,000 47.2
$0 - $54,000 26.0

Very Low for MO
Very Low for Nation

Value Relative to Nation Value Relative to State
86.9213641157858 83.8

Number Of Homes And Apartments:
1,693

Fredericktown 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
50.77% 2.41% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$719 / per month

Homeownership Rate

Homeownership
Owners 68.86
Renters 31.14
Vacant 25.68

Housing Market Details

 

Age of Homes

AGE OF Fredericktown HOMES
2000 or Newer 6.0
1970 - 1999 36.3
1940 - 1969 42.6
1939 or Older 15.0

Types of Homes

TYPE OF Fredericktown HOMES
Single-Family 77.9
Townhomes 2.2
Small Apt. Buildings 12.3
Apt. Complexes 2.5
Mobile Homes 5.2
Other 0.0

Home Size

SIZE OF Fredericktown HOMES
No Bedroom 0.00
1 Bedroom 12.47
2 Bedrooms 54.13
3 Bedrooms 23.40
4 Bedrooms 7.95
5 or more bedrooms 2.06

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Zip Codes in Fredericktown, MO