Parkville, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Parkville Neighborhoods Since 2000




Parkville, 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

Parkville Housing Market Information

With 6,296 people, 2,260 houses or apartments, and a median cost of homes of $224,975, Parkville real estate is some of the most expensive in Missouri, although Parkville home values aren't among America's most expensive.

Parkville is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Parkville than is found in 98% of the communities in America.

The large homes that make up Parkville are primarily owner-occupied ( 65.54%).

There is a lot of housing in Parkville 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 Parkville built between 2000 and later ( 25.90%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.45%). There's also some housing in Parkville built before 1939 ( 4.42%).

Parkville Home Appreciation Rates

Appreciation rates for homes in Parkville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.88%, which ranks in the top 40% nationwide. This equates to an annual average Parkville house appreciation rate of 0.57%.

NeighborhoodScout's data show that during the latest twelve months, Parkville's appreciation rate, at 3.87%, has been at or slightly above the national average. In the latest quarter, Parkville's appreciation rate has been -0.04%, which annualizes to a rate of -0.17%.

Relative to Missouri, our data show that Parkville's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$224,975

Parkville, MO HOME PRICES

Value Range
> $1,140,000 1.2
$854,001 - $1,140,000 0.9
$570,001 - $854,000 5.1
$456,001 - $570,000 8.2
$342,001 - $456,000 11.1
$228,001 - $342,000 18.1
$114,001 - $228,000 46.9
$57,001 - $114,000 4.7
$0 - $57,000 3.9

Very High for MO
High for Nation

Value Relative to Nation Value Relative to State
26.8076878003047 8.8

Number Of Homes And Apartments:
2,260

Parkville 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
31.39% 1.60% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,065 / per month

Homeownership Rate

Homeownership
Owners 65.54
Renters 34.46
Vacant 4.03

Housing Market Details

 

Age of Homes

AGE OF Parkville HOMES
2000 or Newer 25.9
1970 - 1999 61.2
1940 - 1969 8.5
1939 or Older 4.4

Types of Homes

TYPE OF Parkville HOMES
Single-Family 69.8
Townhomes 0.8
Small Apt. Buildings 25.0
Apt. Complexes 4.5
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Parkville HOMES
No Bedroom 0.00
1 Bedroom 8.58
2 Bedrooms 27.18
3 Bedrooms 7.98
4 Bedrooms 38.34
5 or more bedrooms 17.92