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 20,845 people, 8,546 houses or apartments, and a median cost of homes of $260,740, Arnold real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Arnold, accounting for 74.50% of the city's housing units. Other types of housing that are prevalent in Arnold include large apartment complexes or high rise apartments ( 7.90%), duplexes, homes converted to apartments or other small apartment buildings ( 6.16%), and a few mobile homes or trailers ( 6.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arnold. Owner-occupied housing accounts for 74.14% of Arnold's homes, and 66.20% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Arnold 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 Arnold built between 1940-1969 ( 39.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.53%). There's also some housing in Arnold built before 1939 ( 1.29%).
Real estate appreciation rates in Arnold's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.22% during the period.
Appreciation rates are so strong in Arnold that despite a nationwide downturn in the housing market, Arnold real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Arnold appreciation rates continue to be some of the highest in America, at 14.12%, which is higher than appreciation rates in 84.18% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Arnold. Arnold appreciation rates in the latest quarter were at 3.89%, which equates to an annual appreciation rate of 16.49%.
Relative to Missouri, our data show that Arnold's latest annual appreciation rate is higher than 80% 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 Arnold differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arnold - 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 Arnold real estate investment or home purchase decisions.
$260,740
for Missouri
for nation
8,546
$1,574 / per month