Fulton, 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 Q4 2020. 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

Fulton, MO Housing Market Trends

With a population of 12,596, 3,614 total housing units (homes and apartments), and a median house value of $148,519, house prices in Fulton are solidly below the national average.

Single-family detached homes are the single most common housing type in Fulton, accounting for 59.92% of the city's housing units. Other types of housing that are prevalent in Fulton include large apartment complexes or high rise apartments ( 18.71%), duplexes, homes converted to apartments or other small apartment buildings ( 17.75%), and a few row houses and other attached homes ( 1.87%).

Renters dominate Fulton's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

There is a lot of housing in Fulton 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 Fulton built between 1940-1969 ( 30.84%). A lesser amount of the housing stock also hails from before 1939 ( 18.68%). There's also some housing in Fulton built between 2000 and later ( 13.04%).

Vacant housing appears to be an issue in Fulton. Fully 13.21% of the housing stock is classified as vacant. Left unchecked, vacant Fulton homes and apartments can be a drag on the real estate market, holding Fulton 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.

Fulton Home Appreciation Rates

Fulton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fulton during the period has been just 1.59%, which is lower than 80% of US communities.

Over the last year, Fulton appreciation rates have trailed the rest of the nation. In the last twelve months, Fulton's appreciation rate has been 3.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fulton were at 1.94%, which equates to an annual appreciation rate of 7.99%.

Relative to Missouri, our data show that Fulton's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$148,519

Fulton, MO HOME PRICES

> $1,111,000
0.0%
0.0%
$834,001 - $1,111,000
0.0%
0.0%
$556,001 - $834,000
0.6%
0.6%
$445,001 - $556,000
0.9%
0.9%
$334,001 - $445,000
0.4%
0.4%
$222,001 - $334,000
15.1%
15.1%
$111,001 - $222,000
48.1%
48.1%
$56,001 - $111,000
22.9%
22.9%
$0 - $56,000
12.1%
12.1%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Average for MO

Value Relative To Nation

Number Of Homes And Apartments:
3,614

Fulton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
46.68% 1.84%
3
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$821 / per month

Homeownership Rate

Owners
33.5%
33.5%
Renters
66.5%
66.5%
Vacant
13.2%
13.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.0%
13.0%
1970 - 1999
37.4%
37.4%
1940 - 1969
30.8%
30.8%
1939 or Older
18.7%
18.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
59.9%
59.9%
Townhomes
1.9%
1.9%
Small Apt. Buildings
17.7%
17.7%
Apt. Complexes
18.7%
18.7%
Mobile Homes
1.8%
1.8%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.3%
3.3%
1 Bedroom
13.0%
13.0%
2 Bedrooms
28.6%
28.6%
3 Bedrooms
39.6%
39.6%
4 Bedrooms
12.4%
12.4%
5 or more bedrooms
3.1%
3.1%
0.0% 100.0%
% OF HOMES

Popular Communities Near Fulton, MO

Zip Codes in Fulton, MO