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 a population of 6,667, 1,820 total housing units (homes and apartments), and a median house value of $182,820, house prices in Bonne Terre are solidly below the national average.
Single-family detached homes are the single most common housing type in Bonne Terre, accounting for 68.42% of the city's housing units. Other types of housing that are prevalent in Bonne Terre include large apartment complexes or high rise apartments ( 15.87%), duplexes, homes converted to apartments or other small apartment buildings ( 7.04%), and a few mobile homes or trailers ( 5.56%).
The most prevalent building size and type in Bonne Terre are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 40.86% owning and 59.14% renting.
There is a lot of housing in Bonne Terre 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 Bonne Terre built before 1939 ( 30.71%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.16%). There's also some housing in Bonne Terre built between 2000 and later ( 11.68%).
Bonne Terre's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Bonne Terre during the period has been just 5.20%, which is lower than 80% of US communities.
Over the last year, Bonne Terre appreciation rates have trailed the rest of the nation. In the last twelve months, Bonne Terre's appreciation rate has been -6.09%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bonne Terre were at -0.73%, which equates to an annual appreciation rate of -2.90%.
Notably, Bonne Terre's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Missouri, our data show that Bonne Terre's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.
$182,820
for Missouri
for nation
1,820
$1,113 / per month