Warsaw, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Warsaw Neighborhoods Since 2000




Warsaw, MO Real Estate Data


Warsaw Housing Market Information

With a population of 2,100, 1,074 total housing units (homes and apartments), and a median house value of $141,242, Warsaw real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Warsaw, accounting for 65.70% of the city's housing units. Other types of housing that are prevalent in Warsaw include duplexes, homes converted to apartments or other small apartment buildings ( 16.33%), large apartment complexes or high rise apartments ( 10.83%), and a few row houses and other attached homes ( 5.02%).

People in Warsaw primarily live in small (one, two or no bedroom) single-family detached homes. Warsaw has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Warsaw 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 Warsaw built between 1940-1969 ( 32.03%). A lesser amount of the housing stock also hails from before 1939 ( 8.63%). There's also some housing in Warsaw built between 2000 and later ( 3.92%).

Vacant housing appears to be an issue in Warsaw. Fully 15.70% of the housing stock is classified as vacant. Left unchecked, vacant Warsaw homes and apartments can be a drag on the real estate market, holding Warsaw 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.

Warsaw Home Appreciation Rates

In the last 10 years, Warsaw has experienced some of the highest home appreciation rates of any community in the nation. Warsaw real estate appreciated 25.78% over the last ten years, which is an average annual home appreciation rate of 2.32%, putting Warsaw in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Warsaw definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Warsaw that despite a nationwide downturn in the housing market, Warsaw real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Warsaw appreciation rates continue to be some of the highest in America, at 6.68%, which is higher than appreciation rates in 78.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Warsaw. Warsaw appreciation rates in the latest quarter were at 1.59%, which equates to an annual appreciation rate of 6.50%.

Importantly, this makes Warsaw 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 Warsaw's latest annual appreciation rate is higher than 80% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$141,242

Warsaw, MO HOME PRICES

Value Range
> $1,110,000 1.4
$832,001 - $1,110,000 0.0
$555,001 - $832,000 0.6
$444,001 - $555,000 0.0
$333,001 - $444,000 2.3
$222,001 - $333,000 20.6
$111,001 - $222,000 35.7
$56,001 - $111,000 23.9
$0 - $56,000 15.5

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
53.9640220321106 36.0

Number Of Homes And Apartments:
1,074

Rent & Ownership

 

Average Market Rent:
$731 / per month

Homeownership Rate

Homeownership
Owners 38.82
Renters 61.18
Vacant 15.70

Housing Market Details

 

Age of Homes

AGE OF Warsaw HOMES
2000 or Newer 3.9
1970 - 1999 55.4
1940 - 1969 32.0
1939 or Older 8.6

Types of Homes

TYPE OF Warsaw HOMES
Single-Family 65.7
Townhomes 5.0
Small Apt. Buildings 16.3
Apt. Complexes 10.8
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Warsaw HOMES
No Bedroom 3.14
1 Bedroom 16.17
2 Bedrooms 38.85
3 Bedrooms 31.40
4 Bedrooms 9.73
5 or more bedrooms 0.71

Warsaw Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
60.01% 2.76% 9 7
* 10 is highest

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