Fairwood and Robandee, Raytown, MO—64138
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fairwood and Robandee, Raytown, MO
As of Oct '25, the median home price in Fairwood and Robandee, Raytown, MO is $196,000, with a year-over-year change of 0.4%. This indicates that home prices in Fairwood and Robandee, Raytown, MO are flat. 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 | $196,000 | 0.4% |
| Single Family | $197,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $153,000 | 1.3% |
3 Bed | $193,000 | 0.5% |
4 Bed | $251,000 | 0.4% |
| 5 Bed | $324,000 | 1.2% |
% of Housing Stock
Rental Trends — Fairwood and Robandee, Raytown, MO
As of July '25, Rentcast reports the average rent in Fairwood and Robandee, Raytown, MO is $1,440, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Fairwood and Robandee, Raytown, MO is 1-bedrooms: $832, 2-bedrooms: $1,100, 3-bedrooms: $1,520, 4-bedrooms: $1,680. The most common rental property sizes in Fairwood and Robandee, Raytown, MO are 3-bedroom and 2-bedroom, accounting for 37.0% and 35.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $830 | $832 |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,500 | $1,520 |
| 4 Bed Rent | $1,720 | $1,680 |
% of Rental Stock
Property Listings — Fairwood and Robandee, Raytown, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Fairwood and Robandee, Raytown, MO is 47. This is a increase of 8.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $237,000 | 4.0% |
Listing Count | 97 | 31.0% |
| Listings as % of Homes | 0.6% | 31.0% |
Days on Market | 47 | 8.0% |
Demographics — Fairwood and Robandee, Raytown, MO
As of the latest ACS Survey released in 2023, Fairwood and Robandee, Raytown, MO has a population of 24,800, which has decreased by -4.6% over the past 5 years. Fairwood and Robandee, Raytown, MO is a moderately popular place for families, as children make up 21.2% of the population. The area has a poorly educated workforce, with 22.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,800 | -4.6% |
% Under 18 | 21.2% | -13.1% |
% Seniors | 16.9% | 19.9% |
% WFH | 9.1% | 213.8% |
% w/ College Degree | 22.4% | 2.3% |
As of the latest ACS Survey released in 2023, Fairwood and Robandee, Raytown, MO is a predominantly black area, with 46.0% of the population identifying as black. The black population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Fairwood and Robandee, Raytown, MO is white, making up 41.5% of the population. Foreign-born residents account for 6.4% of the population in Fairwood and Robandee, Raytown, MO, and this percentage has increased by 4.9% 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 | 41.5% | 2.5% |
% Black | 46.0% | 0.9% |
% Hispanic | 4.9% | -38.7% |
% Asian | 2.0% | 17.6% |
% Foreign Born | 6.4% | 4.9% |
Mortgage and Risk — Fairwood and Robandee, Raytown, MO
According to HUD data as of 2023, there were 424 mortgage originations in Fairwood and Robandee, Raytown, MO, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Fairwood and Robandee, Raytown, MO. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 424 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Fairwood and Robandee, Raytown, MO
As of 2024, the percent of homes in Fairwood and Robandee, Raytown, MO under the Section 8 program is 9.5%. 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. In Fairwood and Robandee, Raytown, 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 | 433 |
Total Units Section 8 | 428 |
% Rentals under Section 8 | 9.5% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $830 | $1,090 |
| 2 Bedroom | $140 | $1,100 | $1,240 |
| 3 Bedroom | $120 | $1,500 | $1,620 |
| 4 Bedroom | $190 | $1,720 | $1,910 |
Affordability — Fairwood and Robandee, Raytown, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $196,000 |
| Median Household Income | $54,600 |