Oak Grove, MO—64075
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Grove, MO
As of Oct '25, the median home price in Oak Grove, MO is $289,000, with a year-over-year change of 2.8%. This indicates that home prices in Oak Grove, MO are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $289,000 | 2.8% |
| Single Family | $289,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $198,000 | 2.6% |
3 Bed | $272,000 | 2.6% |
4 Bed | $376,000 | 2.2% |
| 5 Bed | $537,000 | 6.3% |
% of Housing Stock
Rental Trends — Oak Grove, MO
As of July '25, Rentcast reports the average rent in Oak Grove, MO is $1,370, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Oak Grove, MO is 1-bedrooms: $1,160, 2-bedrooms: $1,160, 3-bedrooms: $1,450, 4-bedrooms: $2,170. The most common rental property sizes in Oak Grove, MO are 2-bedroom and 3-bedroom, accounting for 57.9% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,370 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,160 | $1,160 |
| 2 Bed Rent | $1,200 | $1,160 |
| 3 Bed Rent | $1,400 | $1,450 |
| 4 Bed Rent | $2,150 | $2,170 |
% of Rental Stock
Property Listings — Oak Grove, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Grove, MO is 119. This is a decrease of -38.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $398,000 | 17.0% |
Listing Count | 73 | -32.0% |
| Listings as % of Homes | 1.1% | -32.0% |
Days on Market | 119 | -38.0% |
Demographics — Oak Grove, MO
As of the latest ACS Survey released in 2023, Oak Grove, MO has a population of 12,000, which has decreased by -3.8% over the past 5 years. Oak Grove, MO is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,000 | -3.8% |
% Under 18 | 21.4% | -25.4% |
% Seniors | 16.7% | 18.4% |
% WFH | 11.3% | 130.6% |
% w/ College Degree | 19.9% | -2.5% |
As of the latest ACS Survey released in 2023, Oak Grove, MO is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Oak Grove, MO is black, making up 2.4% of the population. Foreign-born residents account for 1.6% of the population in Oak Grove, MO, and this percentage has increased by 100.0% 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 | 91.7% | -1.4% |
% Black | 2.4% | 100.0% |
% Hispanic | 2.1% | -44.7% |
% Asian | 1.0% | 400.0% |
% Foreign Born | 1.6% | 100.0% |
Mortgage and Risk — Oak Grove, MO
According to HUD data as of 2023, there were 244 mortgage originations in Oak Grove, MO, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Oak Grove, 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 | 244 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Oak Grove, MO
As of 2024, the percent of homes in Oak Grove, MO under the Section 8 program is 5.6%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Oak Grove, MO, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 76 |
Total Units Section 8 | 76 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 90.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,160 | $990 |
| 2 Bedroom | -$60 | $1,200 | $1,140 |
| 3 Bedroom | $90 | $1,400 | $1,490 |
| 4 Bedroom | -$410 | $2,150 | $1,740 |
Affordability — Oak Grove, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $289,000 |
| Median Household Income | $80,800 |