Concord, MO—63128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Concord, MO
As of Oct '25, the median home price in Concord, MO is $361,000, with a year-over-year change of 2.7%. This indicates that home prices in Concord, MO are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $361,000 | 2.7% |
| Single Family | $376,000 | 2.5% |
| Condos | $183,000 | -1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $105,000 | -6.2% |
2 Bed | $237,000 | 1.3% |
3 Bed | $340,000 | 2.4% |
4 Bed | $451,000 | 3.2% |
| 5 Bed | $572,000 | 2.5% |
% of Housing Stock
Rental Trends — Concord, MO
As of July '25, Rentcast reports the average rent in Concord, MO is $2,180, with a year-over-year rent change of 17.8%. Per bedroom, the median rent as of July '25 in Concord, MO is 1-bedrooms: $1,260, 2-bedrooms: $2,200, 3-bedrooms: $2,340, 4-bedrooms: $2,930. The most common rental property sizes in Concord, MO are 2-bedroom and 1-bedroom, accounting for 44.3% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,250 | $2,180 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,260 |
| 2 Bed Rent | $1,900 | $2,200 |
| 3 Bed Rent | $2,260 | $2,340 |
| 4 Bed Rent | $2,660 | $2,930 |
% of Rental Stock
Property Listings — Concord, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Concord, MO is 32. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $381,000 | 12.0% |
Listing Count | 98 | 12.0% |
| Listings as % of Homes | 0.4% | 12.0% |
Days on Market | 32 | 28.0% |
Demographics — Concord, MO
As of the latest ACS Survey released in 2023, Concord, MO has a population of 30,100, which has remained stable by 0.9% over the past 5 years. Concord, MO is a moderately popular place for families, as children make up 17.9% of the population. The area has a highly educated workforce, with 46.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,100 | 0.9% |
% Under 18 | 17.9% | 1.1% |
% Seniors | 27.5% | 3.0% |
% WFH | 15.8% | 119.4% |
% w/ College Degree | 46.9% | 12.2% |
As of the latest ACS Survey released in 2023, Concord, MO is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in Concord, MO is black, making up 1.4% of the population. Foreign-born residents account for 4.1% of the population in Concord, MO, and this percentage has decreased by 2.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.7% | -3.6% |
% Black | 1.4% | 7.7% |
% Hispanic | 1.4% | 180.0% |
% Asian | 1.0% | -44.4% |
% Foreign Born | 4.1% | -2.4% |
Mortgage and Risk — Concord, MO
According to HUD data as of 2023, there were 164 mortgage originations in Concord, MO, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Concord, MO. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 164 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Concord, MO
As of 2024, the percent of homes in Concord, MO under the Section 8 program is 0.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Concord, MO, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$250 | $1,250 | $1,000 |
| 2 Bedroom | -$670 | $1,900 | $1,230 |
| 3 Bedroom | -$670 | $2,260 | $1,590 |
| 4 Bedroom | -$830 | $2,660 | $1,830 |
Affordability — Concord, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $361,000 |
| Median Household Income | $87,300 |