Oak Park, Kansas City, MO—64128
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oak Park, Kansas City, MO
As of Oct '25, the median home price in Oak Park, Kansas City, MO is $88,000, with a year-over-year change of -1.5%. This indicates that home prices in Oak Park, Kansas City, MO are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $88,000 | -1.5% |
| Single Family | $88,000 | -2.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $55,000 | 5.8% |
2 Bed | $75,000 | -1.3% |
3 Bed | $95,000 | -3.1% |
4 Bed | $117,000 | -1.7% |
| 5 Bed | $140,000 | -4.1% |
% of Housing Stock
Rental Trends — Oak Park, Kansas City, MO
As of July '25, Rentcast reports the average rent in Oak Park, Kansas City, MO is $1,210, with a year-over-year rent change of -5.5%. Per bedroom, the median rent as of July '25 in Oak Park, Kansas City, MO is 1-bedrooms: $762, 2-bedrooms: $1,020, 3-bedrooms: $1,260, 4-bedrooms: $1,520. The most common rental property sizes in Oak Park, Kansas City, MO are 2-bedroom and 3-bedroom, accounting for 30.6% and 29.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,210 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $728 | $762 |
| 2 Bed Rent | $950 | $1,020 |
| 3 Bed Rent | $1,250 | $1,260 |
| 4 Bed Rent | $1,500 | $1,520 |
% of Rental Stock
Property Listings — Oak Park, Kansas City, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Oak Park, Kansas City, MO is 42. This is a increase of 3.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $132,000 | -5.0% |
Listing Count | 65 | -16.0% |
| Listings as % of Homes | 0.7% | -16.0% |
Days on Market | 42 | 3.0% |
Demographics — Oak Park, Kansas City, MO
As of the latest ACS Survey released in 2023, Oak Park, Kansas City, MO has a population of 12,400, which has increased by 9.4% over the past 5 years. Oak Park, Kansas City, MO is a popular place for families, as children make up 25.7% of the population. The area has a poorly educated workforce, with 10.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,400 | 9.4% |
% Under 18 | 25.7% | -4.5% |
% Seniors | 18.1% | 18.3% |
% WFH | 7.1% | 238.1% |
% w/ College Degree | 10.1% | 80.4% |
As of the latest ACS Survey released in 2023, Oak Park, Kansas City, MO is a predominantly black area, with 79.4% of the population identifying as black. The black population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Oak Park, Kansas City, MO is hispanic, making up 9.4% of the population. Foreign-born residents account for 7.2% of the population in Oak Park, Kansas City, MO, and this percentage has increased by 35.8% 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 | 7.8% | -13.3% |
% Black | 79.4% | -0.6% |
% Hispanic | 9.4% | 16.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 7.2% | 35.8% |
Mortgage and Risk — Oak Park, Kansas City, MO
According to HUD data as of 2023, there were 101 mortgage originations in Oak Park, Kansas City, MO, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Oak Park, Kansas City, MO. Investor activity is high, as 17.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 101 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 17.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Oak Park, Kansas City, MO
As of 2024, the percent of homes in Oak Park, Kansas City, MO under the Section 8 program is 37.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Oak Park, 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 | 1,160 |
Total Units Section 8 | 1,087 |
% Rentals under Section 8 | 37.2% |
% Occupied Section 8 | 82.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $262 | $728 | $990 |
| 2 Bedroom | $190 | $950 | $1,140 |
| 3 Bedroom | $240 | $1,250 | $1,490 |
| 4 Bedroom | $240 | $1,500 | $1,740 |
Affordability — Oak Park, Kansas City, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $88,000 |
| Median Household Income | $35,300 |