Macon, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Macon Neighborhoods Since 2000




Macon, 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

Macon Housing Market Information

With 5,436 people, 2,132 houses or apartments, and a median cost of homes of $117,246, house prices in Macon are solidly below the national average.

Single-family detached homes are the single most common housing type in Macon, accounting for 71.66% of the city's housing units. Other types of housing that are prevalent in Macon include large apartment complexes or high rise apartments ( 11.60%), duplexes, homes converted to apartments or other small apartment buildings ( 10.89%), and a few row houses and other attached homes ( 3.21%).

The most prevalent building size and type in Macon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.08% owning and 40.92% renting.

Vacant housing appears to be an issue in Macon. Fully 11.02% of the housing stock is classified as vacant. Left unchecked, vacant Macon homes and apartments can be a drag on the real estate market, holding Macon 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.

Macon Home Appreciation Rates

Appreciation rates for homes in Macon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.55%, which ranks in the top 50% nationwide. This equates to an annual average Macon house appreciation rate of 0.35%.

Over the last year, Macon appreciation rates have trailed the rest of the nation. In the last twelve months, Macon's appreciation rate has been -5.80%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Macon were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Missouri, our data show that Macon's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$117,246

Macon, MO HOME PRICES

Value Range
> $1,080,000 0.8
$810,001 - $1,080,000 0.0
$540,001 - $810,000 3.6
$432,001 - $540,000 0.0
$324,001 - $432,000 2.9
$216,001 - $324,000 7.3
$108,001 - $216,000 27.5
$54,001 - $108,000 42.3
$0 - $54,000 15.7

Average for MO
Low for Nation

Value Relative to Nation Value Relative to State
67.0573069260518 54.6

Number Of Homes And Apartments:
2,132

Macon 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
23.65% 1.24% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$606 / per month

Homeownership Rate

Homeownership
Owners 59.08
Renters 40.92
Vacant 11.02

Housing Market Details

 

Age of Homes

AGE OF Macon HOMES
2000 or Newer 10.9
1970 - 1999 33.1
1940 - 1969 33.1
1939 or Older 22.9

Types of Homes

TYPE OF Macon HOMES
Single-Family 71.7
Townhomes 3.2
Small Apt. Buildings 10.9
Apt. Complexes 11.6
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Macon HOMES
No Bedroom 3.71
1 Bedroom 16.94
2 Bedrooms 23.12
3 Bedrooms 37.10
4 Bedrooms 15.11
5 or more bedrooms 4.01

Popular Neighborhoods in Macon

Popular Communities Near Macon, MO

Zip Codes in Macon, MO