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 475 people, 174 houses or apartments, and a median cost of homes of $310,166, Sunrise Beach real estate is some of the most expensive in Missouri, although Sunrise Beach home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Sunrise Beach, accounting for 71.62% of the village's housing units. Other types of housing that are prevalent in Sunrise Beach include mobile homes or trailers ( 15.43%), duplexes, homes converted to apartments or other small apartment buildings ( 11.43%), and a few large apartment complexes or high rise apartments ( 1.33%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sunrise Beach. Owner-occupied housing accounts for 74.71% of Sunrise Beach's homes, and 64.95% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Sunrise Beach 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 Sunrise Beach built between 1940-1969 ( 15.43%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.90%). There's also some housing in Sunrise Beach built before 1939 ( 5.14%).
A decent proportion of the Sunrise Beach housing stock is seasonally occupied. That is, homes and condos in Sunrise Beach are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Sunrise Beach housing market speaks to its popularity as a vacation location of choice.
Appreciation rates for homes in Sunrise Beach have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 87.64%, which ranks in the top 50% nationwide. This equates to an annual average Sunrise Beach house appreciation rate of 6.50%.
Appreciation rates are so strong in Sunrise Beach that despite a nationwide downturn in the housing market, Sunrise Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sunrise Beach appreciation rates continue to be some of the highest in America, at 6.67%, which is higher than appreciation rates in 71.27% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sunrise Beach. Sunrise Beach 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 Sunrise Beach's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.
$310,166
for Missouri
for nation
174
$1,599 / per month