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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,929 people, 1,602 houses or apartments, and a median cost of homes of $174,566, house prices in St. James are solidly below the national average.
Single-family detached homes are the single most common housing type in St. James, accounting for 62.33% of the city's housing units. Other types of housing that are prevalent in St. James include duplexes, homes converted to apartments or other small apartment buildings ( 25.91%), row houses and other attached homes ( 6.50%), and a few large apartment complexes or high rise apartments ( 4.28%).
The most prevalent building size and type in St. James are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.24% owning and 52.76% renting.
There is a lot of housing in St. James 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 St. James built between 1940-1969 ( 24.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.34%). There's also some housing in St. James built before 1939 ( 10.41%).
Vacant housing appears to be an issue in St. James. Fully 13.17% of the housing stock is classified as vacant. Left unchecked, vacant St. James homes and apartments can be a drag on the real estate market, holding St. James 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.
St. James's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in St. James during the period has been just 4.56%, which is lower than 80% of US communities.
Appreciation rates are so strong in St. James that despite a nationwide downturn in the housing market, St. James real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, St. James appreciation rates continue to be some of the highest in America, at 6.67%, which is higher than appreciation rates in 71.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in St. James. St. James appreciation rates in the latest quarter were at 0.31%, which equates to an annual appreciation rate of 1.23%.
Relative to Missouri, our data show that St. James's latest annual appreciation rate is higher than 50% of the other cities and towns in Missouri.
$174,566
for Missouri
for nation
1,602
$1,170 / per month