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Grandview, 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 Q2 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Grandview, MO Housing Market Trends

With a population of 26,209, 10,255 total housing units (homes and apartments), and a median house value of $160,510, house prices in Grandview are solidly below the national average.

Single-family detached homes are the single most common housing type in Grandview, accounting for 58.16% of the city's housing units. Other types of housing that are prevalent in Grandview include large apartment complexes or high rise apartments ( 25.29%), row houses and other attached homes ( 8.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.92%).

The most prevalent building size and type in Grandview are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.25% owning and 50.75% renting.

There is a lot of housing in Grandview 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 Grandview built between 1940-1969 ( 34.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.08%). There's also some housing in Grandview built before 1939 ( 3.49%).

Grandview Home Appreciation Rates

Appreciation rates for homes in Grandview have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 98.41%, which ranks in the top 30% nationwide. This equates to an annual average Grandview house appreciation rate of 7.09%.

Over the last year, Grandview appreciation rates have trailed the rest of the nation. In the last twelve months, Grandview's appreciation rate has been 11.26%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Grandview were at 3.99%, which equates to an annual appreciation rate of 16.94%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Grandview differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Grandview - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Grandview real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$160,510

Grandview, MO HOME PRICES

> $1,446,000
$1,085,001 - $1,446,000
$723,001 - $1,085,000
$579,001 - $723,000
$434,001 - $579,000
$289,001 - $434,000
$145,001 - $289,000
$72,001 - $145,000
$0 - $72,000
0.2%
0.2%
0.3%
0.3%
0.1%
0.1%
0.0%
0.0%
1.3%
1.3%
9.3%
9.3%
45.9%
45.9%
35.5%
35.5%
7.5%
7.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Low for MO

Value Relative To Nation

Number Of Homes And Apartments:
10,255

Grandview Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2022 Q1 - 2022 Q2
Last 12 Months:
2021 Q2 - 2022 Q2
Last 2 Years:
2020 Q2 - 2022 Q2
Last 5 Years:
2017 Q2 - 2022 Q2
Last 10 Years:
2012 Q2 - 2022 Q2
Since 2000:
2000 Q1 - 2022 Q2
98.74% 3.10%
5
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,268 / per month

Homeownership Rate

Owners
Renters
Vacant
49.3%
49.3%
50.7%
50.7%
8.7%
8.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.1%
11.1%
50.9%
50.9%
34.5%
34.5%
3.5%
3.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
58.2%
58.2%
8.4%
8.4%
7.9%
7.9%
25.3%
25.3%
0.2%
0.2%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.5%
1.5%
13.5%
13.5%
28.2%
28.2%
40.6%
40.6%
12.8%
12.8%
3.5%
3.5%
0.0% 100.0%
% OF HOMES