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 4,545 people, 2,020 houses or apartments, and a median cost of homes of $203,399, house prices in Eldon are solidly below the national average.
Single-family detached homes are the single most common housing type in Eldon, accounting for 77.12% of the city's housing units. Other types of housing that are prevalent in Eldon include duplexes, homes converted to apartments or other small apartment buildings ( 8.77%), mobile homes or trailers ( 5.79%), and a few large apartment complexes or high rise apartments ( 5.74%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eldon. Owner-occupied housing accounts for 68.20% of Eldon's homes, and 50.81% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Eldon 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 Eldon built between 1940-1969 ( 21.16%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.65%). There's also some housing in Eldon built before 1939 ( 8.05%).
Real estate appreciation rates in Eldon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.25% during the period.
Over the last year, Eldon appreciation rates have trailed the rest of the nation. In the last twelve months, Eldon's appreciation rate has been -1.56%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Eldon were at -0.73%, which equates to an annual appreciation rate of -2.90%.
Notably, Eldon's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Missouri, our data show that Eldon's latest annual appreciation rate is lower than 90% of the other cities and towns in Missouri.
$203,399
for Missouri
for nation
2,020
$1,276 / per month