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House Springs, 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 Q1 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

House Springs, MO Housing Market Trends

With 12,538 people, 1,445 houses or apartments, and a median cost of homes of $169,213, house prices in House Springs are solidly below the national average.

Single-family detached homes are the single most common housing type in House Springs, accounting for 70.21% of the town's housing units. Other types of housing that are prevalent in House Springs include mobile homes or trailers ( 26.81%), duplexes, homes converted to apartments or other small apartment buildings ( 1.51%), and a few large apartment complexes or high rise apartments ( 1.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in House Springs. Owner-occupied housing accounts for 82.75% of House Springs's homes, and 80.47% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in House Springs 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 House Springs built between 2000 and later ( 24.78%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.85%). There's also some housing in House Springs built before 1939 ( 2.67%).

Vacant housing appears to be an issue in House Springs. Fully 10.89% of the housing stock is classified as vacant. Left unchecked, vacant House Springs homes and apartments can be a drag on the real estate market, holding House Springs 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.

House Springs Home Appreciation Rates

House Springs's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in House Springs during the period has been just 4.69%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, House Springs's appreciation rate, at 7.21%, has been at or slightly above the national average. In the latest quarter, House Springs's appreciation rate has been -1.15%, which annualizes to a rate of -4.52%.

Relative to Missouri, our data show that House Springs's latest annual appreciation rate is lower than 60% of the other cities and towns in Missouri.

Average Home Values

Median Home Value

$169,213

House Springs, MO Home Prices
> $1,233,000
$925,001 - $1,233,000
$616,001 - $925,000
$494,001 - $616,000
$370,001 - $494,000
$246,001 - $370,000
$123,001 - $246,000
$62,001 - $123,000
$0 - $62,000
0.2%
0.2%
1.7%
1.7%
0.6%
0.6%
1.0%
1.0%
3.6%
3.6%
17.2%
17.2%
49.2%
49.2%
12.8%
12.8%
13.7%
13.7%
0% 100.0%
% of Homes
Low

for Missouri

Low

for nation

Number of Homes And Apartments:

1,445

House Springs Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,215 / per month

Homeownership Rate

Owners
Renters
Vacant
82.7%
82.7%
17.3%
17.3%
10.9%
10.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
24.8%
24.8%
49.7%
49.7%
22.9%
22.9%
2.7%
2.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.2%
70.2%
0.2%
0.2%
1.5%
1.5%
1.2%
1.2%
26.8%
26.8%
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
0.0%
0.0%
2.2%
2.2%
15.8%
15.8%
68.3%
68.3%
12.2%
12.2%
1.6%
1.6%
0% 100.0%
% of Homes