Normandy, MO—63121
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Normandy, MO
As of Oct '25, the median home price in Normandy, MO is $86,000, with a year-over-year change of -2.0%. This indicates that home prices in Normandy, MO are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $86,000 | -2.0% |
| Single Family | $87,000 | -2.2% |
| Condos | $60,000 | -10.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $53,000 | -3.6% |
2 Bed | $70,000 | -4.1% |
3 Bed | $105,000 | -1.9% |
4 Bed | $156,000 | 1.3% |
| 5 Bed | $181,000 | -0.5% |
% of Housing Stock
Rental Trends — Normandy, MO
As of July '25, Rentcast reports the average rent in Normandy, MO is $1,240, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Normandy, MO is 1-bedrooms: $874, 2-bedrooms: $1,110, 3-bedrooms: $1,360, 4-bedrooms: $1,430. The most common rental property sizes in Normandy, MO are 2-bedroom and 3-bedroom, accounting for 38.1% and 27.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $874 |
| 2 Bed Rent | $1,120 | $1,110 |
| 3 Bed Rent | $1,300 | $1,360 |
| 4 Bed Rent | $1,400 | $1,430 |
% of Rental Stock
Property Listings — Normandy, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Normandy, MO is 50. This is a decrease of -14.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $101,000 | 9.0% |
Listing Count | 122 | 30.0% |
| Listings as % of Homes | 0.6% | 30.0% |
Days on Market | 50 | -14.0% |
Demographics — Normandy, MO
As of the latest ACS Survey released in 2023, Normandy, MO has a population of 24,600, which has remained stable by -0.3% over the past 5 years. Normandy, MO is a moderately popular place for families, as children make up 21.9% of the population. The area has a poorly educated workforce, with 21.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,600 | -0.3% |
% Under 18 | 21.9% | 5.3% |
% Seniors | 17.2% | -15.3% |
% WFH | 9.3% | 173.5% |
% w/ College Degree | 21.9% | 6.3% |
As of the latest ACS Survey released in 2023, Normandy, MO is a predominantly black area, with 79.8% of the population identifying as black. The black population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Normandy, MO is white, making up 13.5% of the population. Foreign-born residents account for 2.4% of the population in Normandy, MO, and this percentage has increased by 26.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 13.5% | 1.5% |
% Black | 79.8% | -3.0% |
% Hispanic | 1.7% | 41.7% |
% Asian | 1.6% | 60.0% |
% Foreign Born | 2.4% | 26.3% |
Mortgage and Risk — Normandy, MO
According to HUD data as of 2023, there were 214 mortgage originations in Normandy, MO, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Normandy, MO. Investor activity is low, as 12.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 214 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Normandy, MO
As of 2024, the percent of homes in Normandy, MO under the Section 8 program is 16.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Normandy, MO, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 828 |
Total Units Section 8 | 806 |
% Rentals under Section 8 | 16.3% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $850 | $880 |
| 2 Bedroom | -$30 | $1,120 | $1,090 |
| 3 Bedroom | $110 | $1,300 | $1,410 |
| 4 Bedroom | $240 | $1,400 | $1,640 |
Affordability — Normandy, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.9 |
| Median Home Price | $86,000 |
| Median Household Income | $41,300 |