Grain Valley, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Grain Valley Neighborhoods Since 2000




Grain Valley, MO Real Estate Data


Grain Valley Housing Market Information

With a population of 13,379, 4,438 total housing units (homes and apartments), and a median house value of $177,714, Grain Valley real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Grain Valley, accounting for 67.78% of the city's housing units. Other types of housing that are prevalent in Grain Valley include row houses and other attached homes ( 15.99%), duplexes, homes converted to apartments or other small apartment buildings ( 10.39%), and a few large apartment complexes or high rise apartments ( 5.64%).

The most prevalent building size and type in Grain Valley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.53% owning and 37.47% renting.

There is a lot of housing in Grain Valley 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 Grain Valley built between 2000 and later ( 45.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.58%).

Grain Valley Home Appreciation Rates

Real estate appreciation rates in Grain Valley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.20% during the period.

Appreciation rates are so strong in Grain Valley that despite a nationwide downturn in the housing market, Grain Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Grain Valley appreciation rates continue to be some of the highest in America, at 6.26%, which is higher than appreciation rates in 77.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Grain Valley. Grain Valley appreciation rates in the latest quarter were at 2.35%, which equates to an annual appreciation rate of 9.76%.

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

Average Home Values

 

Median Home Value:
$177,714

Grain Valley, MO HOME PRICES

Value Range
> $1,171,000 0.0
$878,001 - $1,171,000 0.1
$585,001 - $878,000 0.2
$468,001 - $585,000 1.0
$351,001 - $468,000 4.6
$234,001 - $351,000 14.0
$117,001 - $234,000 66.1
$58,001 - $117,000 9.0
$0 - $58,000 5.0

Very High for MO
Average for Nation

Value Relative to Nation Value Relative to State
40.0772969491128 19.6

Number Of Homes And Apartments:
4,438

Rent & Ownership

 

Average Market Rent:
$1,201 / per month

Homeownership Rate

Homeownership
Owners 62.53
Renters 37.47
Vacant 5.49

Housing Market Details

 

Age of Homes

AGE OF Grain Valley HOMES
2000 or Newer 45.5
1970 - 1999 48.4
1940 - 1969 5.6
1939 or Older 0.5

Types of Homes

TYPE OF Grain Valley HOMES
Single-Family 67.8
Townhomes 16.0
Small Apt. Buildings 10.4
Apt. Complexes 5.6
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Grain Valley HOMES
No Bedroom 0.00
1 Bedroom 2.98
2 Bedrooms 18.19
3 Bedrooms 65.46
4 Bedrooms 11.09
5 or more bedrooms 2.28

Grain Valley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
23.85% 1.27% 3 2
* 10 is highest