Bonne Terre, MO—63628
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bonne Terre, MO
As of Oct '25, the median home price in Bonne Terre, MO is $196,000, with a year-over-year change of 1.9%. This indicates that home prices in Bonne Terre, MO are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | 1.9% |
| Single Family | $195,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $95,000 | -5.9% |
2 Bed | $156,000 | 1.3% |
3 Bed | $232,000 | 2.7% |
4 Bed | $305,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Bonne Terre, MO
As of July '25, Rentcast reports the average rent in Bonne Terre, MO is $900, with a year-over-year rent change of -15.1%. Per bedroom, the median rent as of July '25 in Bonne Terre, MO is 1-bedrooms: $675, 2-bedrooms: $368, 3-bedrooms: $1,060. The most common rental property sizes in Bonne Terre, MO are 2-bedroom and 3-bedroom, accounting for 40.9% and 29.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $675 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $675 | $675 |
| 2 Bed Rent | $368 | $368 |
| 3 Bed Rent | $990 | $1,060 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Bonne Terre, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Bonne Terre, MO is 56. This is a increase of 23.0% 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 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $225,000 | -12.0% |
Listing Count | 86 | 34.0% |
| Listings as % of Homes | 0.7% | 34.0% |
Days on Market | 56 | 23.0% |
Demographics — Bonne Terre, MO
As of the latest ACS Survey released in 2023, Bonne Terre, MO has a population of 15,900, which has remained stable by -0.7% over the past 5 years. Bonne Terre, MO is a moderately popular place for families, as children make up 17.2% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,900 | -0.7% |
% Under 18 | 17.2% | -8.5% |
% Seniors | 15.0% | 0.0% |
% WFH | 7.8% | 875.0% |
% w/ College Degree | 15.5% | 44.9% |
As of the latest ACS Survey released in 2023, Bonne Terre, MO is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Bonne Terre, MO is black, making up 5.4% of the population. Foreign-born residents account for 1.4% of the population in Bonne Terre, MO, and this percentage has increased by 27.3% 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 | 87.2% | -0.9% |
% Black | 5.4% | -37.9% |
% Hispanic | 0.7% | -50.0% |
% Asian | 1.1% | 450.0% |
% Foreign Born | 1.4% | 27.3% |
Mortgage and Risk — Bonne Terre, MO
According to HUD data as of 2023, there were 331 mortgage originations in Bonne Terre, MO, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Bonne Terre, MO. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 331 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 5.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Bonne Terre, MO
Bonne Terre, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 70 |
Total Units Section 8 | 70 |
% Rentals under Section 8 | 7.1% |
% Occupied Section 8 | 68.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $205 | $675 | $880 |
| 2 Bedroom | $722 | $368 | $1,090 |
| 3 Bedroom | $420 | $990 | $1,410 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Bonne Terre, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $196,000 |
| Median Household Income | $59,200 |