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 16,178, 5,783 total housing units (homes and apartments), and a median house value of $343,208, Grain Valley real estate is some of the most expensive in Missouri, although Grain Valley home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Grain Valley, accounting for 73.95% of the city's housing units. Other types of housing that are prevalent in Grain Valley include row houses and other attached homes ( 15.53%), duplexes, homes converted to apartments or other small apartment buildings ( 6.28%), and a few large apartment complexes or high rise apartments ( 3.55%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Grain Valley. Owner-occupied housing accounts for 66.16% of Grain Valley's homes, and 79.25% have either three or four bedrooms, which is average sized relative to America.
Grain Valley homes and real estate are some of the newest in America. 57.35% of Grain Valley'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 Grain Valley real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.21%), and before 1939 ( 1.88%). There's also some housing in Grain Valley built between 1940-1969 ( 1.56%).
Appreciation rates for homes in Grain Valley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 104.94%, which ranks in the top 30% nationwide. This equates to an annual average Grain Valley house appreciation rate of 7.44%.
Over the last year, Grain Valley appreciation rates have trailed the rest of the nation. In the last twelve months, Grain Valley's appreciation rate has been 5.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Grain Valley were at 2.29%, which equates to an annual appreciation rate of 9.46%.
Relative to Missouri, our data show that Grain Valley's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.
$343,208
for Missouri
for nation
5,783
$1,827 / per month