Stevensville, MT
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Stevensville Neighborhoods Since 2000




Stevensville, 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

Stevensville Housing Market Information

With a population of 1,922, 818 total housing units (homes and apartments), and a median house value of $263,681, Stevensville real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Stevensville, accounting for 60.09% of the town's housing units. Other types of housing that are prevalent in Stevensville include duplexes, homes converted to apartments or other small apartment buildings ( 17.19%), large apartment complexes or high rise apartments ( 11.07%), and a few row houses and other attached homes ( 5.65%).

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

There is a lot of housing in Stevensville 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 Stevensville built between 1940-1969 ( 20.07%). A lesser amount of the housing stock also hails from before 1939 ( 18.34%). There's also some housing in Stevensville built between 2000 and later ( 18.22%).

Stevensville Home Appreciation Rates

Stevensville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Stevensville during the period has been just -0.94%, which is lower than 70% of US communities.

Over the last year, Stevensville appreciation rates have trailed the rest of the nation. In the last twelve months, Stevensville's appreciation rate has been 2.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Stevensville were at 2.06%, which equates to an annual appreciation rate of 8.49%.

Importantly, this makes Stevensville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Montana, our data show that Stevensville's latest annual appreciation rate is lower than 80% of the other cities and towns in Montana.

Average Home Values

 

Median Home Value:
$263,681

Stevensville, MT HOME PRICES

Value Range
> $1,073,000 1.3
$805,001 - $1,073,000 0.1
$536,001 - $805,000 7.7
$429,001 - $536,000 7.4
$322,001 - $429,000 15.7
$215,001 - $322,000 21.9
$107,001 - $215,000 32.7
$53,001 - $107,000 5.8
$0 - $53,000 7.4

High for MT
High for Nation

Value Relative to Nation Value Relative to State
20.5672096566272 20.3125

Number Of Homes And Apartments:
818

Stevensville 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
42.42% 2.07% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$846 / per month

Homeownership Rate

Homeownership
Owners 49.79
Renters 50.21
Vacant 5.65

Housing Market Details

 

Age of Homes

AGE OF Stevensville HOMES
2000 or Newer 18.2
1970 - 1999 43.4
1940 - 1969 20.1
1939 or Older 18.3

Types of Homes

TYPE OF Stevensville HOMES
Single-Family 60.1
Townhomes 5.7
Small Apt. Buildings 17.2
Apt. Complexes 11.1
Mobile Homes 3.9
Other 2.1

Home Size

SIZE OF Stevensville HOMES
No Bedroom 4.96
1 Bedroom 8.54
2 Bedrooms 34.83
3 Bedrooms 37.83
4 Bedrooms 8.42
5 or more bedrooms 5.42

Popular Neighborhoods in Stevensville

Popular Communities Near Stevensville, MT

Zip Codes in Stevensville, MT