Gladstone, MO—64118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Gladstone, MO
As of Oct '25, the median home price in Gladstone, MO is $259,000, with a year-over-year change of 2.1%. This indicates that home prices in Gladstone, MO are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $259,000 | 2.1% |
| Single Family | $260,000 | 2.0% |
| Condos | $161,000 | -1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $205,000 | 2.5% |
3 Bed | $255,000 | 2.0% |
4 Bed | $331,000 | 2.5% |
| 5 Bed | $372,000 | 2.2% |
% of Housing Stock
Rental Trends — Gladstone, MO
As of July '25, Rentcast reports the average rent in Gladstone, MO is $1,590, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Gladstone, MO is studios: $775, 1-bedrooms: $956, 2-bedrooms: $1,120, 3-bedrooms: $1,950, 4-bedrooms: $2,110. The most common rental property sizes in Gladstone, MO are 2-bedroom and 1-bedroom, accounting for 37.8% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,590 |
| Studio Rent | $740 | $775 |
| 1 Bed Rent | $900 | $956 |
| 2 Bed Rent | $975 | $1,120 |
| 3 Bed Rent | $1,880 | $1,950 |
| 4 Bed Rent | $2,000 | $2,110 |
% of Rental Stock
Property Listings — Gladstone, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Gladstone, MO is 32. This is a decrease of -18.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | 6.0% |
Listing Count | 108 | 6.0% |
| Listings as % of Homes | 0.3% | 6.0% |
Days on Market | 32 | -18.0% |
Demographics — Gladstone, MO
As of the latest ACS Survey released in 2023, Gladstone, MO has a population of 42,200, which has decreased by -1.2% over the past 5 years. Gladstone, MO is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 42,200 | -1.2% |
% Under 18 | 21.8% | -2.2% |
% Seniors | 15.1% | 4.1% |
% WFH | 10.8% | 145.5% |
% w/ College Degree | 30.0% | 3.8% |
As of the latest ACS Survey released in 2023, Gladstone, MO is a predominantly white area, with 72.2% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Gladstone, MO is black, making up 9.8% of the population. Foreign-born residents account for 6.5% of the population in Gladstone, MO, and this percentage has decreased by 9.7% 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 | 72.2% | 1.1% |
% Black | 9.8% | -9.3% |
% Hispanic | 9.6% | -5.9% |
% Asian | 1.9% | -40.6% |
% Foreign Born | 6.5% | -9.7% |
Mortgage and Risk — Gladstone, MO
According to HUD data as of 2023, there were 798 mortgage originations in Gladstone, MO, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Gladstone, MO. Investor activity is low, as 3.0% 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 | 798 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Gladstone, MO
As of 2024, the percent of homes in Gladstone, 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Gladstone, MO, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 485 |
Total Units Section 8 | 412 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 85.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $250 | $900 | $1,150 |
| 2 Bedroom | $335 | $975 | $1,310 |
| 3 Bedroom | -$170 | $1,880 | $1,710 |
| 4 Bedroom | $20 | $2,000 | $2,020 |
Affordability — Gladstone, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $259,000 |
| Median Household Income | $70,300 |