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 2,395 people, 1,244 houses or apartments, and a median cost of homes of $347,345, Kimberling City real estate is some of the most expensive in Missouri, although Kimberling City home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Kimberling City, accounting for 67.98% of the city's housing units. Other types of housing that are prevalent in Kimberling City include large apartment complexes or high rise apartments ( 17.33%), row houses and other attached homes ( 7.01%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.82%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kimberling City. Owner-occupied housing accounts for 76.45% of Kimberling City's homes, and 51.51% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Kimberling City 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 Kimberling City built between 1940-1969 ( 14.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.14%).
Vacant housing appears to be an issue in Kimberling City. Fully 23.54% of the housing stock is classified as vacant. Left unchecked, vacant Kimberling City homes and apartments can be a drag on the real estate market, holding Kimberling City 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.
In the last 10 years, Kimberling City has experienced some of the highest home appreciation rates of any community in the nation. Kimberling City real estate appreciated 121.50% over the last ten years, which is an average annual home appreciation rate of 8.28%, putting Kimberling City in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Kimberling City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Kimberling City that despite a nationwide downturn in the housing market, Kimberling City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kimberling City appreciation rates continue to be some of the highest in America, at 10.23%, which is higher than appreciation rates in 97.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kimberling City. Kimberling City appreciation rates in the latest quarter were at 2.66%, which equates to an annual appreciation rate of 11.08%.
Importantly, this makes Kimberling City 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 Missouri, our data show that Kimberling City's latest annual appreciation rate is higher than 90% of the other cities and towns in Missouri.
$347,345
for Missouri
for nation
1,244
$1,534 / per month