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 4,643 people, 1,626 houses or apartments, and a median cost of homes of $237,854, house prices in Holts Summit are solidly below the national average.
Single-family detached homes are the single most common housing type in Holts Summit, accounting for 67.34% of the city's housing units. Other types of housing that are prevalent in Holts Summit include mobile homes or trailers ( 22.36%), duplexes, homes converted to apartments or other small apartment buildings ( 7.84%), and a few large apartment complexes or high rise apartments ( 1.49%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Holts Summit. Owner-occupied housing accounts for 72.68% of Holts Summit's homes, and 80.63% have either three or four bedrooms, which is average sized relative to America.
Holts Summit homes and real estate are some of the newest in America. 51.49% of Holts Summit's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Holts Summit real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 37.99%), and between 1940-1969 ( 7.68%). There's also some housing in Holts Summit built before 1939 ( 2.83%).
Vacant housing appears to be an issue in Holts Summit. Fully 13.23% of the housing stock is classified as vacant. Left unchecked, vacant Holts Summit homes and apartments can be a drag on the real estate market, holding Holts Summit 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.
Real estate appreciation rates in Holts Summit's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.78% during the period.
NeighborhoodScout's data show that during the latest twelve months, Holts Summit's appreciation rate, at 8.98%, has been at or slightly above the national average. In the latest quarter, Holts Summit's appreciation rate has been -0.79%, which annualizes to a rate of -3.11%.
Notably, Holts Summit's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Missouri, our data show that Holts Summit's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.
$237,854
for Missouri
for nation
1,626
$1,325 / per month