Platte City, MO


Highest Appreciating Platte City Neighborhoods Since 2000

Platte City, 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

Platte City Housing Market Information

With a population of 4,833, 2,004 total housing units (homes and apartments), and a median house value of $186,560, Platte City real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Platte City, accounting for 55.67% of the city's housing units. Other types of housing that are prevalent in Platte City include large apartment complexes or high rise apartments ( 23.88%), duplexes, homes converted to apartments or other small apartment buildings ( 11.00%), and a few row houses and other attached homes ( 9.45%).

The most prevalent building size and type in Platte City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 38.54% owning and 61.46% renting.

There is a lot of housing in Platte City 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 Platte City built between 2000 and later ( 27.40%). A lesser amount of the housing stock also hails from between 1940-1969 ( 25.33%). There's also some housing in Platte City built before 1939 ( 3.09%).

Platte City Home Appreciation Rates

Real estate appreciation rates in Platte City's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.03% during the period.

Appreciation rates are so strong in Platte City that despite a nationwide downturn in the housing market, Platte City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Platte City appreciation rates continue to be some of the highest in America, at 5.69%, which is higher than appreciation rates in 71.25% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Platte City. Platte City appreciation rates in the latest quarter were at -0.04%, which equates to an annual appreciation rate of -0.17%.

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

Average Home Values


Median Home Value:


Value Range
> $1,139,000 0.0
$854,001 - $1,139,000 0.0
$570,001 - $854,000 0.8
$456,001 - $570,000 0.0
$341,001 - $456,000 2.3
$228,001 - $341,000 20.3
$114,001 - $228,000 58.7
$57,001 - $114,000 14.5
$0 - $57,000 3.3

Very High for MO
High for Nation

Value Relative to Nation Value Relative to State
35.8666354154459 16.8

Number Of Homes And Apartments:

Platte City Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
28.86% 1.48% 4 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,185 / per month

Homeownership Rate

Owners 38.54
Renters 61.46
Vacant 3.33

Housing Market Details


Age of Homes

AGE OF Platte City HOMES
2000 or Newer 27.4
1970 - 1999 44.2
1940 - 1969 25.3
1939 or Older 3.1

Types of Homes

Single-Family 55.7
Townhomes 9.5
Small Apt. Buildings 11.0
Apt. Complexes 23.9
Mobile Homes 0.0
Other 0.0

Home Size

No Bedroom 0.00
1 Bedroom 12.93
2 Bedrooms 32.18
3 Bedrooms 42.69
4 Bedrooms 10.71
5 or more bedrooms 1.50

Popular Neighborhoods in Platte City

Zip Codes in Platte City, MO