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 a population of 2,090, 1,074 total housing units (homes and apartments), and a median house value of $246,960, house prices in Marionville are solidly below the national average.
Single-family detached homes are the single most common housing type in Marionville, accounting for 67.06% of the city's housing units. Other types of housing that are prevalent in Marionville include duplexes, homes converted to apartments or other small apartment buildings ( 20.56%), large apartment complexes or high rise apartments ( 8.85%), and a few mobile homes or trailers ( 2.86%).
The most prevalent building size and type in Marionville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.29% owning and 47.71% renting.
There is a lot of housing in Marionville 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 Marionville built before 1939 ( 24.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.25%). There's also some housing in Marionville built between 2000 and later ( 11.88%).
In the last 10 years, Marionville has experienced some of the highest home appreciation rates of any community in the nation. Marionville real estate appreciated 116.44% over the last ten years, which is an average annual home appreciation rate of 8.03%, putting Marionville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Marionville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Marionville appreciation rates have trailed the rest of the nation. In the last twelve months, Marionville's appreciation rate has been 0.71%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Marionville were at 0.57%, which equates to an annual appreciation rate of 2.29%.
Relative to Missouri, our data show that Marionville's latest annual appreciation rate is lower than 80% of the other cities and towns in Missouri.
$246,960
for Missouri
for nation
1,074
$1,411 / per month