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 17,474 people, 5,951 houses or apartments, and a median cost of homes of $178,832, house prices in Kirksville are solidly below the national average.
Single-family detached homes are the single most common housing type in Kirksville, accounting for 61.08% of the city's housing units. Other types of housing that are prevalent in Kirksville include duplexes, homes converted to apartments or other small apartment buildings ( 23.04%), large apartment complexes or high rise apartments ( 9.12%), and a few mobile homes or trailers ( 4.41%).
People in Kirksville primarily live in small (one, two or no bedroom) single-family detached homes. Kirksville has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Kirksville 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 Kirksville built between 1940-1969 ( 27.04%). A lesser amount of the housing stock also hails from before 1939 ( 23.61%). There's also some housing in Kirksville built between 2000 and later ( 12.46%).
Vacant housing appears to be an issue in Kirksville. Fully 19.57% of the housing stock is classified as vacant. Left unchecked, vacant Kirksville homes and apartments can be a drag on the real estate market, holding Kirksville 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.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Kirksville, where house values have increased just 45.53%, which is annualized rate of 3.82%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Kirksville appreciation rates have trailed the rest of the nation. In the last twelve months, Kirksville's appreciation rate has been 2.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kirksville were at -0.73%, which equates to an annual appreciation rate of -2.89%.
Notably, Kirksville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Missouri, our data show that Kirksville's latest annual appreciation rate is higher than 50% of the other cities and towns in Missouri.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Kirksville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kirksville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Kirksville real estate investment or home purchase decisions.
$178,832
for Missouri
for nation
5,951
$1,270 / per month