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 15,616, 6,482 total housing units (homes and apartments), and a median house value of $157,123, house prices in Overland are some of the most affordable in Missouri as well as the nation.
Single-family detached homes are the single most common housing type in Overland, accounting for 87.75% of the city's housing units. Other types of housing that are prevalent in Overland include duplexes, homes converted to apartments or other small apartment buildings ( 7.47%), large apartment complexes or high rise apartments ( 2.78%), and a few row houses and other attached homes ( 1.58%).
People in Overland primarily live in small (one, two or no bedroom) single-family detached homes. Overland has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Overland's housing was primarily built during this period, from the '40s through the '60s. A full 65.78% of the city's housing hails from this era. Other housing ages represented in Overland include homes built before 1939 ( 22.47%) and housing constructed between 1970-1999 ( 10.84%).
Appreciation rates for homes in Overland have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.98%, which ranks in the top 40% nationwide. This equates to an annual average Overland house appreciation rate of 7.07%.
NeighborhoodScout's data show that during the latest twelve months, Overland's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Overland's appreciation rate has been 1.09%, which annualizes to a rate of 4.45%.
Relative to Missouri, our data show that Overland's latest annual appreciation rate is higher than 70% of the other cities and towns in Missouri.
$157,123
for Missouri
for nation
6,482
$1,708 / per month