West Plains, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating West Plains Neighborhoods Since 2000




West Plains, 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

West Plains Housing Market Information

With a population of 12,285, 5,292 total housing units (homes and apartments), and a median house value of $120,437, house prices in West Plains are solidly below the national average.

Single-family detached homes are the single most common housing type in West Plains, accounting for 67.33% of the city's housing units. Other types of housing that are prevalent in West Plains include large apartment complexes or high rise apartments ( 14.24%), duplexes, homes converted to apartments or other small apartment buildings ( 8.21%), and a few mobile homes or trailers ( 6.37%).

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

There is a lot of housing in West Plains 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 West Plains built between 1940-1969 ( 30.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.87%). There's also some housing in West Plains built before 1939 ( 9.14%).

West Plains Home Appreciation Rates

Real estate appreciation rates in West Plains's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.19% during the period.

Over the last year, West Plains appreciation rates have trailed the rest of the nation. In the last twelve months, West Plains's appreciation rate has been 2.17%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Plains were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Missouri, our data show that West Plains's latest annual appreciation rate is lower than 60% of the other cities and towns in Missouri.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within West Plains differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in West Plains - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best West Plains real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$120,437

West Plains, MO HOME PRICES

Value Range
> $1,038,000 0.1
$779,001 - $1,038,000 0.3
$519,001 - $779,000 0.5
$416,001 - $519,000 1.5
$312,001 - $416,000 3.7
$207,001 - $312,000 7.3
$104,001 - $207,000 36.8
$52,001 - $104,000 33.6
$0 - $52,000 16.2

Average for MO
Low for Nation

Value Relative to Nation Value Relative to State
65.1470760576585 51.4

Number Of Homes And Apartments:
5,292

West Plains Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
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
22.99% 1.21% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$788 / per month

Homeownership Rate

Homeownership
Owners 47.66
Renters 52.34
Vacant 8.90

Housing Market Details

 

Age of Homes

AGE OF West Plains HOMES
2000 or Newer 19.9
1970 - 1999 40.1
1940 - 1969 30.9
1939 or Older 9.1

Types of Homes

TYPE OF West Plains HOMES
Single-Family 67.3
Townhomes 3.6
Small Apt. Buildings 8.2
Apt. Complexes 14.2
Mobile Homes 6.4
Other 0.2

Home Size

SIZE OF West Plains HOMES
No Bedroom 2.31
1 Bedroom 10.26
2 Bedrooms 38.89
3 Bedrooms 33.48
4 Bedrooms 12.43
5 or more bedrooms 2.63

Popular Communities Near West Plains, MO

Zip Codes in West Plains, MO