House Springs, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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House Springs, 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

House Springs Housing Market Information

With 12,642 people, 1,489 houses or apartments, and a median cost of homes of $133,778, 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 66.41% of the town's housing units. Other types of housing that are prevalent in House Springs include mobile homes or trailers ( 27.51%), large apartment complexes or high rise apartments ( 2.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.50%).

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 78.99% of House Springs's homes, and 74.66% 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 1940-1969 ( 22.30%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.88%). There's also some housing in House Springs built before 1939 ( 4.80%).

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 -0.93%, which is lower than 70% of US communities.

Appreciation rates are so strong in House Springs that despite a nationwide downturn in the housing market, House Springs real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, House Springs appreciation rates continue to be some of the highest in America, at 5.69%, which is higher than appreciation rates in 71.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in House Springs. House Springs appreciation rates in the latest quarter were at 1.03%, which equates to an annual appreciation rate of 4.19%.

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

Average Home Values

 

Median Home Value:
$133,778

House Springs, MO HOME PRICES

Value Range
> $1,113,000 0.8
$834,001 - $1,113,000 0.0
$556,001 - $834,000 1.6
$445,001 - $556,000 0.8
$334,001 - $445,000 3.0
$222,001 - $334,000 10.3
$111,001 - $222,000 45.6
$56,001 - $111,000 16.1
$0 - $56,000 21.8

Average for MO
Average for Nation

Value Relative to Nation Value Relative to State
57.7698347591703 40.2

Number Of Homes And Apartments:
1,489

House Springs 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
23.66% 1.24% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,099 / per month

Homeownership Rate

Homeownership
Owners 78.99
Renters 21.01
Vacant 7.82

Housing Market Details

 

Age of Homes

AGE OF House Springs HOMES
2000 or Newer 15.9
1970 - 1999 57.0
1940 - 1969 22.3
1939 or Older 4.8

Types of Homes

TYPE OF House Springs HOMES
Single-Family 66.4
Townhomes 1.0
Small Apt. Buildings 2.5
Apt. Complexes 2.6
Mobile Homes 27.5
Other 0.0

Home Size

SIZE OF House Springs HOMES
No Bedroom 0.00
1 Bedroom 5.11
2 Bedrooms 18.16
3 Bedrooms 62.65
4 Bedrooms 12.01
5 or more bedrooms 2.07

Popular Neighborhoods in House Springs

Zip Codes in House Springs, MO