Marshfield, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Marshfield, 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

Marshfield Housing Market Information

With a population of 7,138, 2,636 total housing units (homes and apartments), and a median house value of $128,306, house prices in Marshfield are solidly below the national average.

Single-family detached homes are the single most common housing type in Marshfield, accounting for 72.80% of the city's housing units. Other types of housing that are prevalent in Marshfield include large apartment complexes or high rise apartments ( 12.75%), duplexes, homes converted to apartments or other small apartment buildings ( 11.97%), and a few row houses and other attached homes ( 2.49%).

The most prevalent building size and type in Marshfield are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.97% owning and 51.03% renting.

There is a lot of housing in Marshfield 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 Marshfield built between 2000 and later ( 22.83%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.88%). There's also some housing in Marshfield built before 1939 ( 9.38%).

Marshfield Home Appreciation Rates

Real estate appreciation rates in Marshfield's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.45% during the period.

Over the last year, Marshfield appreciation rates have trailed the rest of the nation. In the last twelve months, Marshfield's appreciation rate has been 0.78%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Marshfield were at -0.81%, which equates to an annual appreciation rate of -3.19%.

Notably, Marshfield's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$128,306

Marshfield, MO HOME PRICES

Value Range
> $1,052,000 0.3
$789,001 - $1,052,000 0.1
$526,001 - $789,000 0.3
$421,001 - $526,000 0.1
$316,001 - $421,000 2.8
$210,001 - $316,000 9.7
$105,001 - $210,000 42.2
$53,001 - $105,000 39.6
$0 - $53,000 4.9

Average for MO
Low for Nation

Value Relative to Nation Value Relative to State
60.7758115551389 44.6

Number Of Homes And Apartments:
2,636

Marshfield 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
18.01% 0.96% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$710 / per month

Homeownership Rate

Homeownership
Owners 48.97
Renters 51.03
Vacant 6.39

Housing Market Details

 

Age of Homes

AGE OF Marshfield HOMES
2000 or Newer 22.8
1970 - 1999 45.9
1940 - 1969 21.9
1939 or Older 9.4

Types of Homes

TYPE OF Marshfield HOMES
Single-Family 72.8
Townhomes 2.5
Small Apt. Buildings 12.0
Apt. Complexes 12.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Marshfield HOMES
No Bedroom 0.39
1 Bedroom 12.00
2 Bedrooms 30.08
3 Bedrooms 47.80
4 Bedrooms 7.71
5 or more bedrooms 2.02

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Zip Codes in Marshfield, MO