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 826 people, 387 houses or apartments, and a median cost of homes of $187,828, house prices in Pineville are solidly below the national average.
Single-family detached homes are the single most common housing type in Pineville, accounting for 63.95% of the city's housing units. Other types of housing that are prevalent in Pineville include duplexes, homes converted to apartments or other small apartment buildings ( 17.91%), mobile homes or trailers ( 15.65%), and a few large apartment complexes or high rise apartments ( 1.36%).
The most prevalent building size and type in Pineville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 35.62% owning and 64.38% renting.
There is a lot of housing in Pineville 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 Pineville built between 1940-1969 ( 22.90%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.55%). There's also some housing in Pineville built before 1939 ( 10.20%).
Vacant housing appears to be an issue in Pineville. Fully 12.24% of the housing stock is classified as vacant. Left unchecked, vacant Pineville homes and apartments can be a drag on the real estate market, holding Pineville 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 Pineville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.46%, which ranks in the top 50% nationwide. This equates to an annual average Pineville house appreciation rate of 6.82%.
Appreciation rates are so strong in Pineville that despite a nationwide downturn in the housing market, Pineville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pineville appreciation rates continue to be some of the highest in America, at 6.14%, which is higher than appreciation rates in 82.30% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pineville. Pineville appreciation rates in the latest quarter were at 2.66%, which equates to an annual appreciation rate of 11.08%.
Importantly, this makes Pineville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Missouri, our data show that Pineville's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.
$187,828
for Missouri
for nation
387
$1,082 / per month