Concordia, MO—64020
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Concordia, MO
As of Oct '25, the median home price in Concordia, MO is $221,000, with a year-over-year change of 9.4%. This indicates that home prices in Concordia, MO are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 9.4% |
| Single Family | $222,000 | 9.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $162,000 | 11.7% |
3 Bed | $226,000 | 9.2% |
4 Bed | $246,000 | 9.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Concordia, MO
As of July '25, Rentcast reports the average rent in Concordia, MO is $1,220, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Concordia, MO is 2-bedrooms: $850, 3-bedrooms: $1,350. The most common rental property sizes in Concordia, MO are 1-bedroom and 2-bedroom, accounting for 42.5% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $850 | $850 |
| 3 Bed Rent | $1,200 | $1,350 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Concordia, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Concordia, MO is 68. This is a increase of 12.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $237,000 | 5.0% |
Listing Count | 10 | -28.0% |
| Listings as % of Homes | 0.3% | -28.0% |
Days on Market | 68 | 12.0% |
Demographics — Concordia, MO
As of the latest ACS Survey released in 2023, Concordia, MO has a population of 2,930, which has decreased by -22.6% over the past 5 years. Concordia, MO is a moderately popular place for families, as children make up 19.6% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,930 | -22.6% |
% Under 18 | 19.6% | -12.5% |
% Seniors | 20.5% | -8.9% |
% WFH | 11.2% | 69.7% |
% w/ College Degree | 23.9% | 5.3% |
As of the latest ACS Survey released in 2023, Concordia, MO is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Concordia, MO is hispanic, making up 3.8% of the population. Foreign-born residents account for 0.1% of the population in Concordia, MO, and this percentage has decreased by 66.7% 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 | 93.5% | -4.4% |
% Black | 0.5% | ∞% |
% Hispanic | 3.8% | 442.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.1% | -66.7% |
Mortgage and Risk — Concordia, MO
According to HUD data as of 2023, there were 45 mortgage originations in Concordia, MO, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Concordia, MO. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 45 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Concordia, MO
Concordia, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 53 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 12.0% |
% Occupied Section 8 | 76.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | $290 | $850 | $1,140 |
| 3 Bedroom | $290 | $1,200 | $1,490 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Concordia, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $221,000 |
| Median Household Income | $61,200 |