Blue Springs, MO64015

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$302,000
0.8% YoY Growth
Median Household Income
$81,200
16.8% 5-Year Growth
Days on Market
46
1.0% Longer than last year
Home Price Forecast
1.5%
Median Rent
$1,450
3.9% YoY Growth
1-Bed Rent
$925
9.8% YoY Growth
2-Bed Rent
$1,200
0.8% YoY Growth
3-Bed Rent
$1,800
7.6% YoY Growth

Other Zip Codes in Blue Springs, MO

Property Listings — Blue Springs, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Blue Springs, MO is 46. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$332,0000.0%
Listing Count
1214.0%
Listings as % of Homes0.5%4.0%
Days on Market
461.0%
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Demographics — Blue Springs, MO

As of the latest ACS Survey released in 2023, Blue Springs, MO has a population of 31,800, which has increased by 1.9% over the past 5 years. Blue Springs, MO is a popular place for families, as children make up 25.7% of the population. The area has a moderately educated workforce, with 34.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
31,8001.9%
% Under 18
25.7%-4.1%
% Seniors
17.7%19.6%
% WFH
15.2%210.2%
% w/ College Degree
34.4%-4.2%
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As of the latest ACS Survey released in 2023, Blue Springs, MO is a predominantly white area, with 80.3% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Blue Springs, MO is black, making up 7.3% of the population. Foreign-born residents account for 2.0% of the population in Blue Springs, MO, and this percentage has decreased by 44.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
80.3%-2.1%
% Black
7.3%23.7%
% Hispanic
6.5%6.6%
% Asian
1.2%-40.0%
% Foreign Born
2.0%-44.4%
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Mortgage and Risk — Blue Springs, MO

According to HUD data as of 2023, there were 428 mortgage originations in Blue Springs, MO, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Blue Springs, MO. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
428
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Blue Springs, MO

As of 2024, the percent of homes in Blue Springs, MO under the Section 8 program is 8.1%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Blue Springs, MO, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
290
Total Units Section 8
290
% Rentals under Section 8
8.1%
% Occupied Section 8
90.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$215$925$1,140
2 Bedroom$100$1,200$1,300
3 Bedroom-$100$1,800$1,700
4 Bedroom-$210$2,220$2,010

Affordability — Blue Springs, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.5
Median Home Price$302,000
Median Household Income$81,200

Blue Springs, MO — ZIP Code Boundary Map

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Frequently Asked Questions