Raymore, MO—64083
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Raymore, MO
As of Oct '25, the median home price in Raymore, MO is $346,000, with a year-over-year change of 4.8%. This indicates that home prices in Raymore, MO are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $346,000 | 4.8% |
| Single Family | $346,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $249,000 | 5.1% |
3 Bed | $313,000 | 4.3% |
4 Bed | $405,000 | 4.9% |
| 5 Bed | $498,000 | 6.6% |
% of Housing Stock
Rental Trends — Raymore, MO
As of July '25, Rentcast reports the average rent in Raymore, MO is $1,890, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Raymore, MO is studios: $965, 1-bedrooms: $1,340, 2-bedrooms: $1,560, 3-bedrooms: $1,930, 4-bedrooms: $2,300. The most common rental property sizes in Raymore, MO are 2-bedroom and 3-bedroom, accounting for 36.4% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,890 |
| Studio Rent | $965 | $965 |
| 1 Bed Rent | $1,340 | $1,340 |
| 2 Bed Rent | $1,600 | $1,560 |
| 3 Bed Rent | $1,980 | $1,930 |
| 4 Bed Rent | $2,260 | $2,300 |
% of Rental Stock
Property Listings — Raymore, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Raymore, MO is 71. This is a increase of 27.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $418,000 | 7.0% |
Listing Count | 208 | 14.0% |
| Listings as % of Homes | 1.0% | 14.0% |
Days on Market | 71 | 27.0% |
Demographics — Raymore, MO
As of the latest ACS Survey released in 2023, Raymore, MO has a population of 25,500, which has increased by 11.8% over the past 5 years. Raymore, MO is a popular place for families, as children make up 25.3% of the population. The area has a moderately educated workforce, with 36.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,500 | 11.8% |
% Under 18 | 25.3% | 0.0% |
% Seniors | 18.1% | 7.1% |
% WFH | 14.0% | 185.7% |
% w/ College Degree | 36.8% | -1.3% |
As of the latest ACS Survey released in 2023, Raymore, MO is a predominantly white area, with 77.6% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Raymore, MO is black, making up 8.6% of the population. Foreign-born residents account for 2.1% of the population in Raymore, MO, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.6% | -6.8% |
% Black | 8.6% | -7.5% |
% Hispanic | 6.4% | 77.8% |
% Asian | 1.1% | 22.2% |
% Foreign Born | 2.1% | 0.0% |
Mortgage and Risk — Raymore, MO
According to HUD data as of 2023, there were 554 mortgage originations in Raymore, MO, of which 76.0% 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 Raymore, MO. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 554 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Raymore, MO
As of 2024, the percent of homes in Raymore, MO under the Section 8 program is 6.9%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Raymore, MO, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 174 |
Total Units Section 8 | 174 |
% Rentals under Section 8 | 6.9% |
% Occupied Section 8 | 76.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $10 | $1,340 | $1,350 |
| 2 Bedroom | -$60 | $1,600 | $1,540 |
| 3 Bedroom | $30 | $1,980 | $2,010 |
| 4 Bedroom | $120 | $2,260 | $2,380 |
Affordability — Raymore, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $346,000 |
| Median Household Income | $99,600 |