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 2,932 people, 1,298 houses or apartments, and a median cost of homes of $249,920, house prices in Knob Noster are solidly below the national average.
Single-family detached homes are the single most common housing type in Knob Noster, accounting for 59.58% of the city's housing units. Other types of housing that are prevalent in Knob Noster include duplexes, homes converted to apartments or other small apartment buildings ( 17.41%), large apartment complexes or high rise apartments ( 11.88%), and a few row houses and other attached homes ( 7.27%).
The most prevalent building size and type in Knob Noster are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.12% owning and 45.88% renting.
Knob Noster homes and real estate are some of the newest in America. 41.86% of Knob Noster'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 Knob Noster real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.37%), and between 1940-1969 ( 19.68%). There's also some housing in Knob Noster built before 1939 ( 4.09%).
Appreciation rates for homes in Knob Noster have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 105.78%, which ranks in the top 30% nationwide. This equates to an annual average Knob Noster house appreciation rate of 7.48%.
Appreciation rates are so strong in Knob Noster that despite a nationwide downturn in the housing market, Knob Noster real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Knob Noster appreciation rates continue to be some of the highest in America, at 5.74%, which is higher than appreciation rates in 84.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Knob Noster. Knob Noster 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 Knob Noster's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.
$249,920
for Missouri
for nation
1,298
$1,197 / per month