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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Grain Valley, MO Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Grain Valley, MO Housing Market Trends

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%).

Grain Valley Home Appreciation Rates

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.

Average Home Values

Median Home Value

$343,208

Grain Valley, MO Home Prices
> $1,406,000
$1,054,001 - $1,406,000
$703,001 - $1,054,000
$563,001 - $703,000
$422,001 - $563,000
$281,001 - $422,000
$141,001 - $281,000
$70,001 - $141,000
$0 - $70,000
1.1%
1.1%
0.3%
0.3%
1.9%
1.9%
5.1%
5.1%
13.8%
13.8%
45.4%
45.4%
26.8%
26.8%
1.6%
1.6%
4.0%
4.0%
0% 100.0%
% of Homes
Very High

for Missouri

High

for nation

Number of Homes And Apartments:

5,783

Grain Valley Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,827 / per month

Homeownership Rate

Owners
Renters
66.2%
66.2%
33.8%
33.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.1%
3.1%
96.9%
96.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
57.4%
57.4%
39.2%
39.2%
1.6%
1.6%
1.9%
1.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
74.0%
74.0%
15.5%
15.5%
6.3%
6.3%
3.6%
3.6%
0.7%
0.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
2.3%
2.3%
14.4%
14.4%
60.7%
60.7%
18.6%
18.6%
4.0%
4.0%
0% 100.0%
% of Homes