Steele, MO—63877
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Steele, MO
Steele, MO lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $103,000 | 8.1% |
| Single Family | $103,000 | 5.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Steele, MO
Steele, MO lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Steele, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Steele, MO is 70. This is a decrease of -69.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $152,000 | -71.0% |
Listing Count | 7 | 50.0% |
| Listings as % of Homes | 0.2% | 50.0% |
Days on Market | 70 | -69.0% |
Demographics — Steele, MO
As of the latest ACS Survey released in 2023, Steele, MO has a population of 3,060, which has decreased by -16.7% over the past 5 years. Steele, MO is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,060 | -16.7% |
% Under 18 | 26.2% | -5.1% |
% Seniors | 18.4% | 13.6% |
% WFH | 7.6% | 280.0% |
% w/ College Degree | 17.9% | 22.6% |
As of the latest ACS Survey released in 2023, Steele, MO is a predominantly white area, with 82.5% of the population identifying as white. The white population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Steele, MO is black, making up 7.3% of the population. Foreign-born residents account for 0.0% of the population in Steele, 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
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.5% | 5.0% |
% Black | 7.3% | -47.1% |
% Hispanic | 1.8% | -50.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Steele, MO
According to HUD data as of 2023, there were 38 mortgage originations in Steele, MO, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Steele, MO. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 38 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Steele, MO
Steele, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 103 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | N/A | N/A | $820 |
| 3 Bedroom | N/A | N/A | $1,100 |
| 4 Bedroom | N/A | N/A | $1,100 |
Affordability — Steele, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $103,000 |
| Median Household Income | $45,500 |