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 16,073 people, 6,836 houses or apartments, and a median cost of homes of $184,160, house prices in Sikeston are solidly below the national average.
Single-family detached homes are the single most common housing type in Sikeston, accounting for 74.23% of the city's housing units. Other types of housing that are prevalent in Sikeston include duplexes, homes converted to apartments or other small apartment buildings ( 12.86%), large apartment complexes or high rise apartments ( 9.05%), and a few row houses and other attached homes ( 2.16%).
The most prevalent building size and type in Sikeston are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.34% owning and 41.66% renting.
There is a lot of housing in Sikeston 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 Sikeston built between 1940-1969 ( 34.94%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.92%). There's also some housing in Sikeston built before 1939 ( 6.33%).
Some of the lowest real estate appreciation rates in America over the last ten years have been in Sikeston, where house values have increased just 53.22%, which is annualized rate of 4.36%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Sikeston appreciation rates have trailed the rest of the nation. In the last twelve months, Sikeston's appreciation rate has been 1.96%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sikeston were at -0.73%, which equates to an annual appreciation rate of -2.90%.
Notably, Sikeston's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Missouri, our data show that Sikeston's latest annual appreciation rate is lower than 50% of the other cities and towns in Missouri.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Sikeston differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sikeston - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sikeston real estate investment or home purchase decisions.
$184,160
for Missouri
for nation
6,836
$1,299 / per month