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 10,913 people, 3,982 houses or apartments, and a median cost of homes of $332,610, Kearney real estate is some of the most expensive in Missouri, although Kearney home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Kearney, accounting for 80.27% of the city's housing units. Other types of housing that are prevalent in Kearney include duplexes, homes converted to apartments or other small apartment buildings ( 9.98%), large apartment complexes or high rise apartments ( 5.77%), and a few row houses and other attached homes ( 3.31%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Kearney. Owner-occupied housing accounts for 77.80% of Kearney's homes, and 75.92% have either three or four bedrooms, which is average sized relative to America.
Kearney homes and real estate are some of the newest in America. 53.81% of Kearney'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 Kearney real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.44%), and between 1940-1969 ( 4.04%). There's also some housing in Kearney built before 1939 ( 1.70%).
Appreciation rates for homes in Kearney have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.71%, which ranks in the top 40% nationwide. This equates to an annual average Kearney house appreciation rate of 7.00%.
Over the last year, Kearney appreciation rates have trailed the rest of the nation. In the last twelve months, Kearney's appreciation rate has been 4.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kearney were at 2.29%, which equates to an annual appreciation rate of 9.46%.
Relative to Missouri, our data show that Kearney's latest annual appreciation rate is higher than 60% of the other cities and towns in Missouri.
$332,610
for Missouri
for nation
3,982
$2,091 / per month