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 201, 42 total housing units (homes and apartments), and a median house value of $377,329, Kirbyville real estate is some of the most expensive in Missouri, although Kirbyville home values aren't among America's most expensive.
Mobile homes or trailers are the single most common housing type in Kirbyville, accounting for 63.53% of the village's housing units. Other types of housing that are prevalent in Kirbyville include single-family detached homes ( 36.47%).
The most prevalent building size and type in Kirbyville are three and four bedroom dwellings, chiefly found in mobile homes or trailers. The village has a mixture of owners and renters, with 64.29% owning and 35.71% renting.
There is a lot of housing in Kirbyville 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 Kirbyville built between 1940-1969 ( 8.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.06%). There's also some housing in Kirbyville built before 1939 ( 2.35%).
Vacant housing appears to be an issue in Kirbyville. Fully 50.59% of the housing stock is classified as vacant. Left unchecked, vacant Kirbyville homes and apartments can be a drag on the real estate market, holding Kirbyville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Kirbyville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.09%, which ranks in the top 30% nationwide. This equates to an annual average Kirbyville house appreciation rate of 7.76%.
Appreciation rates are so strong in Kirbyville that despite a nationwide downturn in the housing market, Kirbyville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Kirbyville appreciation rates continue to be some of the highest in America, at 5.09%, which is higher than appreciation rates in 72.53% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Kirbyville. Kirbyville appreciation rates in the latest quarter were at 2.66%, which equates to an annual appreciation rate of 11.08%.
Importantly, this makes Kirbyville one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to Missouri, our data show that Kirbyville's latest annual appreciation rate is lower than 60% of the other cities and towns in Missouri.
$377,329
for Missouri
for nation
42
$1,344 / per month