Kirkwood, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Kirkwood Neighborhoods Since 2000




Kirkwood, MO Real Estate Data


Kirkwood Housing Market Information

With a population of 27,750, 12,011 total housing units (homes and apartments), and a median house value of $310,378, Kirkwood real estate is some of the most expensive in Missouri, although Kirkwood home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Kirkwood, accounting for 72.92% of the city's housing units. Other types of housing that are prevalent in Kirkwood include large apartment complexes or high rise apartments ( 19.82%), duplexes, homes converted to apartments or other small apartment buildings ( 4.59%), and a few row houses and other attached homes ( 2.55%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kirkwood. Owner-occupied housing accounts for 76.27% of Kirkwood's homes, and 55.85% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Kirkwood's housing was primarily built during this period, from the '40s through the '60s. A full 47.00% of the city's housing hails from this era. Other housing ages represented in Kirkwood include homes built between 1970-1999 ( 26.03%) and housing constructed before 1939 ( 16.71%). There's also some housing in Kirkwood built between 2000 and later ( 10.26%).

Kirkwood Home Appreciation Rates

Appreciation rates for homes in Kirkwood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 9.53%, which ranks in the top 40% nationwide. This equates to an annual average Kirkwood house appreciation rate of 0.91%.

NeighborhoodScout's data show that during the latest twelve months, Kirkwood's appreciation rate, at 5.22%, has been at or slightly above the national average. In the latest quarter, Kirkwood's appreciation rate has been 1.28%, which annualizes to a rate of 5.23%.

Relative to Missouri, our data show that Kirkwood's latest annual appreciation rate is higher than 70% 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 Kirkwood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kirkwood - 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 Kirkwood real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$310,378

Kirkwood, MO HOME PRICES

Value Range
> $1,172,000 1.8
$879,001 - $1,172,000 2.5
$586,001 - $879,000 11.3
$469,001 - $586,000 8.4
$352,001 - $469,000 12.9
$234,001 - $352,000 26.7
$117,001 - $234,000 28.8
$59,001 - $117,000 5.1
$0 - $59,000 2.4

Very High for MO
Very High for Nation

Value Relative to Nation Value Relative to State
15.8575862270891 4.0

Number Of Homes And Apartments:
12,011

Rent & Ownership

 

Average Market Rent:
$1,372 / per month

Homeownership Rate

Homeownership
Owners 76.27
Renters 23.73
Vacant 6.50

Housing Market Details

 

Age of Homes

AGE OF Kirkwood HOMES
2000 or Newer 10.3
1970 - 1999 26.0
1940 - 1969 47.0
1939 or Older 16.7

Types of Homes

TYPE OF Kirkwood HOMES
Single-Family 72.9
Townhomes 2.6
Small Apt. Buildings 4.6
Apt. Complexes 19.8
Mobile Homes 0.1
Other 0.0

Home Size

SIZE OF Kirkwood HOMES
No Bedroom 1.18
1 Bedroom 7.06
2 Bedrooms 31.43
3 Bedrooms 35.62
4 Bedrooms 20.23
5 or more bedrooms 4.48

Kirkwood 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
48.46% 2.35% 8 6
* 10 is highest