Waldo, Kansas City, MO64114

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$288,000
1.4% YoY Growth
Median Household Income
$77,600
21.9% 5-Year Growth
Days on Market
31
5.0% Shorter than last year
Home Price Forecast
1.4%
Median Rent
$1,460
3.9% YoY Growth
1-Bed Rent
$1,080
15.1% YoY Growth
2-Bed Rent
$1,420
2.9% YoY Growth
3-Bed Rent
$1,840
1.6% YoY Growth

Property Listings — Waldo, Kansas City, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Waldo, Kansas City, MO is 31. This is a decrease of -5.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$287,0008.0%
Listing Count
12015.0%
Listings as % of Homes0.4%15.0%
Days on Market
31-5.0%
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Demographics — Waldo, Kansas City, MO

As of the latest ACS Survey released in 2023, Waldo, Kansas City, MO has a population of 24,500, which has remained stable by 0.2% over the past 5 years. Waldo, Kansas City, MO is a moderately popular place for families, as children make up 16.7% of the population. The area has a highly educated workforce, with 56.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
24,5000.2%
% Under 18
16.7%18.4%
% Seniors
20.8%17.5%
% WFH
19.2%242.9%
% w/ College Degree
56.0%6.1%
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As of the latest ACS Survey released in 2023, Waldo, Kansas City, MO is a predominantly white area, with 74.9% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Waldo, Kansas City, MO is black, making up 10.6% of the population. Foreign-born residents account for 4.3% of the population in Waldo, Kansas City, MO, and this percentage has increased by 7.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
74.9%-4.3%
% Black
10.6%-6.2%
% Hispanic
6.8%30.8%
% Asian
2.8%133.3%
% Foreign Born
4.3%7.5%
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Mortgage and Risk — Waldo, Kansas City, MO

According to HUD data as of 2023, there were 499 mortgage originations in Waldo, Kansas City, MO, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Waldo, Kansas City, MO. Investor activity is low, as 3.0% 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
499
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
3.0%
% Second Loans
2.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — Waldo, Kansas City, MO

As of 2024, the percent of homes in Waldo, Kansas City, MO under the Section 8 program is 0.5%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Waldo, Kansas City, MO, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
46
Total Units Section 8
22
% Rentals under Section 8
0.5%
% Occupied Section 8
82.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$280$1,080$1,360
2 Bedroom$130$1,420$1,550
3 Bedroom$180$1,840$2,020
4 Bedroom-$110$2,500$2,390

Affordability — Waldo, Kansas City, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$288,000
Median Household Income$77,600

Waldo, Kansas City, MO — ZIP Code Boundary Map

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Frequently Asked Questions