Troostwood, Kansas City, MO64110

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$236,000
0.7% YoY Growth
Median Household Income
$59,700
40.3% 5-Year Growth
Days on Market
58
11.0% Longer than last year
Home Price Forecast
1.0%
Median Rent
$1,200
4.5% YoY Growth
1-Bed Rent
$895
11.2% YoY Growth
2-Bed Rent
$1,220
7.2% YoY Growth
3-Bed Rent
$1,500
5.5% YoY Growth

Property Listings — Troostwood, Kansas City, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Troostwood, Kansas City, MO is 58. This is a increase of 11.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$269,000-8.0%
Listing Count
8212.0%
Listings as % of Homes0.4%12.0%
Days on Market
5811.0%
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Demographics — Troostwood, Kansas City, MO

As of the latest ACS Survey released in 2023, Troostwood, Kansas City, MO has a population of 17,000, which has remained stable by -0.9% over the past 5 years. Troostwood, Kansas City, MO is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 49.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
17,000-0.9%
% Under 18
18.0%4.7%
% Seniors
10.6%1.0%
% WFH
16.7%271.1%
% w/ College Degree
49.6%10.0%
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As of the latest ACS Survey released in 2023, Troostwood, Kansas City, MO is a predominantly white area, with 49.1% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Troostwood, Kansas City, MO is black, making up 34.6% of the population. Foreign-born residents account for 4.1% of the population in Troostwood, Kansas City, MO, and this percentage has decreased by 31.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
49.1%-3.3%
% Black
34.6%-9.7%
% Hispanic
9.2%67.3%
% Asian
2.1%-27.6%
% Foreign Born
4.1%-31.7%
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Mortgage and Risk — Troostwood, Kansas City, MO

According to HUD data as of 2023, there were 229 mortgage originations in Troostwood, Kansas City, MO, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Troostwood, Kansas City, MO. Investor activity is low, as 8.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
229
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
8.0%
% Second Loans
1.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Troostwood, Kansas City, MO

As of 2024, the percent of homes in Troostwood, Kansas City, MO under the Section 8 program is 12.6%. 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. In Troostwood, Kansas City, MO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
518
Total Units Section 8
457
% Rentals under Section 8
12.6%
% Occupied Section 8
79.8%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$255$895$1,150
2 Bedroom$90$1,220$1,310
3 Bedroom$210$1,500$1,710
4 Bedroom$240$1,780$2,020

Affordability — Troostwood, Kansas City, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.7
Median Home Price$236,000
Median Household Income$59,700

Troostwood, Kansas City, MO — ZIP Code Boundary Map

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Frequently Asked Questions