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 2,601, 1,012 total housing units (homes and apartments), and a median house value of $158,819, house prices in Villa Ridge are solidly below the national average.
Single-family detached homes are the single most common housing type in Villa Ridge, accounting for 84.67% of the town's housing units. Other types of housing that are prevalent in Villa Ridge include mobile homes or trailers ( 14.39%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Villa Ridge. Owner-occupied housing accounts for 82.31% of Villa Ridge's homes, and 88.13% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Villa Ridge 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 Villa Ridge built between 2000 and later ( 25.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.17%). There's also some housing in Villa Ridge built before 1939 ( 4.02%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Villa Ridge, where house values have increased just 48.79%, which is annualized rate of 4.05%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Villa Ridge appreciation rates have trailed the rest of the nation. In the last twelve months, Villa Ridge's appreciation rate has been 3.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Villa Ridge were at 1.09%, which equates to an annual appreciation rate of 4.45%.
Relative to Missouri, our data show that Villa Ridge's latest annual appreciation rate is higher than 50% of the other cities and towns in Missouri.
$158,819
for Missouri
for nation
1,012
$1,573 / per month