Seymour, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Seymour, MO Real Estate Data


Seymour Housing Market Information

With a population of 1,967, 688 total housing units (homes and apartments), and a median house value of $104,100, house prices in Seymour are solidly below the national average.

Single-family detached homes are the single most common housing type in Seymour, accounting for 79.62% of the city's housing units. Other types of housing that are prevalent in Seymour include duplexes, homes converted to apartments or other small apartment buildings ( 11.54%), mobile homes or trailers ( 5.65%), and a few large apartment complexes or high rise apartments ( 2.12%).

The most prevalent building size and type in Seymour are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.56% owning and 38.44% renting.

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. Seymour's housing was primarily built during this period, from the '40s through the '60s. A full 36.28% of the city's housing hails from this era. Other housing ages represented in Seymour include homes built between 1970-1999 ( 36.16%) and housing constructed before 1939 ( 16.14%). There's also some housing in Seymour built between 2000 and later ( 11.43%).

Vacant housing appears to be an issue in Seymour. Fully 18.96% of the housing stock is classified as vacant. Left unchecked, vacant Seymour homes and apartments can be a drag on the real estate market, holding Seymour 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.

Seymour Home Appreciation Rates

Appreciation rates for homes in Seymour have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.59%, which ranks in the top 50% nationwide. This equates to an annual average Seymour house appreciation rate of 0.55%.

NeighborhoodScout's data show that during the latest twelve months, Seymour's appreciation rate, at 4.72%, has been at or slightly above the national average. In the latest quarter, Seymour's appreciation rate has been 2.59%, which annualizes to a rate of 10.78%.

Importantly, this makes Seymour one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Missouri, our data show that Seymour's latest annual appreciation rate is higher than 50% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$104,100

Seymour, MO HOME PRICES

Value Range
> $1,140,000 0.0
$855,001 - $1,140,000 0.0
$570,001 - $855,000 0.3
$456,001 - $570,000 4.5
$342,001 - $456,000 0.1
$228,001 - $342,000 3.4
$114,001 - $228,000 38.3
$57,001 - $114,000 34.5
$0 - $57,000 19.1

Low for MO
Low for Nation

Value Relative to Nation Value Relative to State
76.2194764888446 65.8

Number Of Homes And Apartments:
688

Rent & Ownership

 

Average Market Rent:
$475 / per month

Homeownership Rate

Homeownership
Owners 61.56
Renters 38.44
Vacant 18.96

Housing Market Details

 

Age of Homes

AGE OF Seymour HOMES
2000 or Newer 11.4
1970 - 1999 36.2
1940 - 1969 36.3
1939 or Older 16.1

Types of Homes

TYPE OF Seymour HOMES
Single-Family 79.6
Townhomes 1.1
Small Apt. Buildings 11.5
Apt. Complexes 2.1
Mobile Homes 5.7
Other 0.0

Home Size

SIZE OF Seymour HOMES
No Bedroom 3.42
1 Bedroom 7.42
2 Bedrooms 33.69
3 Bedrooms 51.71
4 Bedrooms 3.77
5 or more bedrooms 0.00

Seymour Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
40.49% 2.02% 7 5
* 10 is highest

Popular Neighborhoods in Seymour

Zip Codes in Seymour, MO