Chaffee, MO63740

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$148,000
7.7% YoY Growth
Median Household Income
$54,700
17.4% 5-Year Growth
Days on Market
75
20.0% Longer than last year
Home Price Forecast
-3.0%
Median Rent
$525
9.7% YoY Growth
1-Bed Rent
$525
10.5% YoY Growth
2-Bed Rent
$875
19.9% YoY Growth
3-Bed Rent
N/A
N/A

Property Listings — Chaffee, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Chaffee, MO is 75. This is a increase of 20.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$132,000-16.0%
Listing Count
817.0%
Listings as % of Homes0.3%17.0%
Days on Market
7520.0%
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Demographics — Chaffee, MO

As of the latest ACS Survey released in 2023, Chaffee, MO has a population of 5,450, which has increased by 9.9% over the past 5 years. Chaffee, MO is a popular place for families, as children make up 28.1% of the population. The area has a poorly educated workforce, with 20.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,4509.9%
% Under 18
28.1%21.6%
% Seniors
15.7%0.0%
% WFH
2.8%7.7%
% w/ College Degree
20.0%77.0%
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As of the latest ACS Survey released in 2023, Chaffee, MO is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Chaffee, MO is black, making up 2.6% of the population. Foreign-born residents account for 0.0% of the population in Chaffee, MO, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.9%-6.4%
% Black
2.6%44.4%
% Hispanic
1.0%233.3%
% Asian
0.0%N/A
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Chaffee, MO

According to HUD data as of 2023, there were 48 mortgage originations in Chaffee, MO, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Chaffee, MO. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
48
% Conventional Loans
56.0%
% Government Loans
44.0%
% Investor Loans
0.0%
% Second Loans
0.0%
% Cash Out Refinance
10.0%

Loan Activity

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Rentals and Section 8 — Chaffee, MO

Chaffee, MO lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
196
Total Units Section 8
51
% Rentals under Section 8
9.8%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$235$525$760
2 Bedroom$115$875$990
3 BedroomN/AN/A$1,270
4 BedroomN/AN/A$1,390

Affordability — Chaffee, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$148,000
Median Household Income$54,700

Chaffee, MO — ZIP Code Boundary Map

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Frequently Asked Questions