Roundup, MT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Roundup Neighborhoods Since 2000




Roundup, MT 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

Roundup Housing Market Information

With 1,836 people, 808 houses or apartments, and a median cost of homes of $105,948, house prices in Roundup are solidly below the national average.

Single-family detached homes are the single most common housing type in Roundup, accounting for 72.26% of the city's housing units. Other types of housing that are prevalent in Roundup include duplexes, homes converted to apartments or other small apartment buildings ( 9.15%), large apartment complexes or high rise apartments ( 9.05%), and a few mobile homes or trailers ( 8.74%).

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

The housing in Roundup was primarily built before 1939 ( 50.15%), making the housing stock in Roundup some of the oldest overall in America, although there is a range of ages of homes in Roundup. The next most important housing age is between 1940-1969 ( 24.12%), followed by between 1970-1999 ( 23.02%). There's also some housing in Roundup built between 2000 and later ( 2.71%).

Vacant housing appears to be an issue in Roundup. Fully 18.79% of the housing stock is classified as vacant. Left unchecked, vacant Roundup homes and apartments can be a drag on the real estate market, holding Roundup 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.

Roundup Home Appreciation Rates

Appreciation rates for homes in Roundup have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.79%, which ranks in the top 30% nationwide. This equates to an annual average Roundup house appreciation rate of 1.30%.

Appreciation rates are so strong in Roundup that despite a nationwide downturn in the housing market, Roundup real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Roundup appreciation rates continue to be some of the highest in America, at 7.63%, which is higher than appreciation rates in 84.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Roundup. Roundup appreciation rates in the latest quarter were at 2.06%, which equates to an annual appreciation rate of 8.49%.

Importantly, this makes Roundup 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 Montana, our data show that Roundup's latest annual appreciation rate is higher than 60% of the other cities and towns in Montana.

Average Home Values

 

Median Home Value:
$105,948

Roundup, MT HOME PRICES

Value Range
> $1,160,000 0.0
$870,001 - $1,160,000 0.0
$580,001 - $870,000 0.0
$464,001 - $580,000 0.0
$348,001 - $464,000 4.3
$232,001 - $348,000 6.7
$116,001 - $232,000 33.5
$58,001 - $116,000 39.8
$0 - $58,000 15.7

Very Low for MT
Low for Nation

Value Relative to Nation Value Relative to State
73.6962381343021 86.71875

Number Of Homes And Apartments:
808

Roundup Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MT*
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
91.98% 3.85% 6 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$660 / per month

Homeownership Rate

Homeownership
Owners 63.05
Renters 36.95
Vacant 18.79

Housing Market Details

 

Age of Homes

AGE OF Roundup HOMES
2000 or Newer 2.7
1970 - 1999 23.0
1940 - 1969 24.1
1939 or Older 50.2

Types of Homes

TYPE OF Roundup HOMES
Single-Family 72.3
Townhomes 0.5
Small Apt. Buildings 9.1
Apt. Complexes 9.0
Mobile Homes 8.7
Other 0.3

Home Size

SIZE OF Roundup HOMES
No Bedroom 12.16
1 Bedroom 12.76
2 Bedrooms 33.67
3 Bedrooms 22.91
4 Bedrooms 16.68
5 or more bedrooms 1.81

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Zip Codes in Roundup, MT