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 2,084 people, 985 houses or apartments, and a median cost of homes of $206,128, house prices in Marionville are solidly below the national average.
Single-family detached homes are the single most common housing type in Marionville, accounting for 62.05% of the city's housing units. Other types of housing that are prevalent in Marionville include duplexes, homes converted to apartments or other small apartment buildings ( 23.30%), mobile homes or trailers ( 6.96%), and a few large apartment complexes or high rise apartments ( 6.88%).
The most prevalent building size and type in Marionville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 46.08% owning and 53.92% renting.
There is a lot of housing in Marionville 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 Marionville built between 1940-1969 ( 24.02%). A lesser amount of the housing stock also hails from before 1939 ( 16.88%). There's also some housing in Marionville built between 2000 and later ( 15.54%).
Vacant housing appears to be an issue in Marionville. Fully 12.05% of the housing stock is classified as vacant. Left unchecked, vacant Marionville homes and apartments can be a drag on the real estate market, holding Marionville 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.
Appreciation rates for homes in Marionville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 104.55%, which ranks in the top 30% nationwide. This equates to an annual average Marionville house appreciation rate of 7.42%.
Over the last year, Marionville appreciation rates have trailed the rest of the nation. In the last twelve months, Marionville's appreciation rate has been 2.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Marionville were at -0.73%, which equates to an annual appreciation rate of -2.89%.
Notably, Marionville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Missouri, our data show that Marionville's latest annual appreciation rate is higher than 50% of the other cities and towns in Missouri.
$206,128
for Missouri
for nation
985
$1,344 / per month