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 4,035 people, 1,231 houses or apartments, and a median cost of homes of $260,987, house prices in Camdenton are solidly below the national average.
Single-family detached homes are the single most common housing type in Camdenton, accounting for 67.65% of the city's housing units. Other types of housing that are prevalent in Camdenton include duplexes, homes converted to apartments or other small apartment buildings ( 17.86%), large apartment complexes or high rise apartments ( 8.82%), and a few row houses and other attached homes ( 2.94%).
The most prevalent building size and type in Camdenton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.97% owning and 43.03% renting.
Vacant housing appears to be an issue in Camdenton. Fully 11.69% of the housing stock is classified as vacant. Left unchecked, vacant Camdenton homes and apartments can be a drag on the real estate market, holding Camdenton 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.
In the last 10 years, Camdenton has experienced some of the highest home appreciation rates of any community in the nation. Camdenton real estate appreciated 132.55% over the last ten years, which is an average annual home appreciation rate of 8.81%, putting Camdenton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Camdenton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Camdenton that despite a nationwide downturn in the housing market, Camdenton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Camdenton appreciation rates continue to be some of the highest in America, at 5.74%, which is higher than appreciation rates in 84.61% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Camdenton. Camdenton appreciation rates in the latest quarter were at -0.14%, which equates to an annual appreciation rate of -0.56%.
Relative to Missouri, our data show that Camdenton'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 Camdenton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Camdenton - 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 Camdenton real estate investment or home purchase decisions.
$260,987
for Missouri
for nation
1,231
$1,581 / per month