Kirkwood, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Kirkwood Neighborhoods Since 2000




Kirkwood, 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

Kirkwood Housing Market Information

With 27,750 people, 12,005 houses or apartments, and a median cost of homes of $317,399, Kirkwood house prices are not only among the most expensive in Missouri, Kirkwood real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Kirkwood, accounting for 73.10% of the city's housing units. Other types of housing that are prevalent in Kirkwood include large apartment complexes or high rise apartments ( 19.48%), duplexes, homes converted to apartments or other small apartment buildings ( 4.52%), and a few row houses and other attached homes ( 2.71%).

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 74.93% of Kirkwood's homes, and 56.06% 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 48.17% of the city's housing hails from this era. Other housing ages represented in Kirkwood include homes built between 1970-1999 ( 24.56%) and housing constructed before 1939 ( 16.97%). There's also some housing in Kirkwood built between 2000 and later ( 10.30%).

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 7.27%, which ranks in the top 40% nationwide. This equates to an annual average Kirkwood house appreciation rate of 0.70%.

NeighborhoodScout's data show that during the latest twelve months, Kirkwood's appreciation rate, at 3.43%, has been at or slightly above the national average. In the latest quarter, Kirkwood's appreciation rate has been 1.03%, which annualizes to a rate of 4.19%.

Relative to Missouri, our data show that Kirkwood's latest annual appreciation rate is higher than 60% 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:
$317,399

Kirkwood, MO HOME PRICES

Value Range
> $1,130,000 1.9
$847,001 - $1,130,000 2.5
$565,001 - $847,000 10.9
$452,001 - $565,000 9.2
$339,001 - $452,000 14.1
$226,001 - $339,000 26.6
$113,001 - $226,000 27.6
$56,001 - $113,000 5.0
$0 - $56,000 2.2

Very High for MO
Very High for Nation

Value Relative to Nation Value Relative to State
14.7837806164303 3.6

Number Of Homes And Apartments:
12,005

Kirkwood 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
46.13% 2.22% 8 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,324 / per month

Homeownership Rate

Homeownership
Owners 74.93
Renters 25.07
Vacant 5.81

Housing Market Details

 

Age of Homes

AGE OF Kirkwood HOMES
2000 or Newer 10.3
1970 - 1999 24.6
1940 - 1969 48.2
1939 or Older 17.0

Types of Homes

TYPE OF Kirkwood HOMES
Single-Family 73.1
Townhomes 2.7
Small Apt. Buildings 4.5
Apt. Complexes 19.5
Mobile Homes 0.2
Other 0.0

Home Size

SIZE OF Kirkwood HOMES
No Bedroom 1.46
1 Bedroom 7.40
2 Bedrooms 30.61
3 Bedrooms 35.88
4 Bedrooms 20.18
5 or more bedrooms 4.47