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 2,601 people, 1,017 houses or apartments, and a median cost of homes of $204,500, house prices in Villa Ridge are solidly below the national average.
Single-family detached homes are the single most common housing type in Villa Ridge, accounting for 84.46% of the town's housing units. Other types of housing that are prevalent in Villa Ridge include mobile homes or trailers ( 14.16%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Villa Ridge. Owner-occupied housing accounts for 83.09% of Villa Ridge's homes, and 95.38% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Villa Ridge 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 Villa Ridge built between 2000 and later ( 21.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.62%). There's also some housing in Villa Ridge built before 1939 ( 3.05%).
Real estate appreciation rates in Villa Ridge's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.03% during the period.
Appreciation rates are so strong in Villa Ridge that despite a nationwide downturn in the housing market, Villa Ridge real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Villa Ridge appreciation rates continue to be some of the highest in America, at 15.05%, which is higher than appreciation rates in 99.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Villa Ridge. Villa Ridge appreciation rates in the latest quarter were at 0.58%, which equates to an annual appreciation rate of 2.33%.
Relative to Missouri, our data show that Villa Ridge's latest annual appreciation rate is higher than 90% of the other cities and towns in Missouri.
$204,500
for Missouri
for nation
1,017
$1,503 / per month