Grain Valley, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Grain Valley Neighborhoods Since 2000




Grain Valley, 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

Grain Valley Housing Market Information

With 13,379 people, 4,593 houses or apartments, and a median cost of homes of $188,552, Grain Valley real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Grain Valley, accounting for 65.03% of the city's housing units. Other types of housing that are prevalent in Grain Valley include row houses and other attached homes ( 16.55%), duplexes, homes converted to apartments or other small apartment buildings ( 10.82%), and a few large apartment complexes or high rise apartments ( 7.60%).

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 59.05% owning and 40.95% 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 ( 43.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.84%).

Grain Valley Home Appreciation Rates

Appreciation rates for homes in Grain Valley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.61%, which ranks in the top 50% nationwide. This equates to an annual average Grain Valley house appreciation rate of 0.26%.

NeighborhoodScout's data show that during the latest twelve months, Grain Valley's appreciation rate, at 5.34%, has been at or slightly above the national average. In the latest quarter, Grain Valley's appreciation rate has been -0.04%, which annualizes to a rate of -0.17%.

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:
$188,552

Grain Valley, MO HOME PRICES

Value Range
> $1,135,000 0.0
$851,001 - $1,135,000 0.1
$568,001 - $851,000 0.2
$454,001 - $568,000 1.5
$341,001 - $454,000 2.9
$227,001 - $341,000 19.4
$114,001 - $227,000 61.1
$57,001 - $114,000 10.9
$0 - $57,000 3.9

Very High for MO
High for Nation

Value Relative to Nation Value Relative to State
35.286534630259 16.2

Number Of Homes And Apartments:
4,593

Grain Valley 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
24.12% 1.26% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,143 / per month

Homeownership Rate

Homeownership
Owners 59.05
Renters 40.95
Vacant 4.61

Housing Market Details

 

Age of Homes

AGE OF Grain Valley HOMES
2000 or Newer 44.0
1970 - 1999 50.5
1940 - 1969 4.8
1939 or Older 0.7

Types of Homes

TYPE OF Grain Valley HOMES
Single-Family 65.0
Townhomes 16.6
Small Apt. Buildings 10.8
Apt. Complexes 7.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Grain Valley HOMES
No Bedroom 0.42
1 Bedroom 3.84
2 Bedrooms 18.86
3 Bedrooms 60.35
4 Bedrooms 13.25
5 or more bedrooms 3.28