Saint Joseph, MO—64501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Saint Joseph, MO
As of Oct '25, the median home price in Saint Joseph, MO is $115,000, with a year-over-year change of 5.5%. This indicates that home prices in Saint Joseph, MO are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $115,000 | 5.5% |
| Single Family | $115,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $108,000 | 6.9% |
3 Bed | $144,000 | 9.1% |
4 Bed | $168,000 | 7.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Saint Joseph, MO
As of July '25, Rentcast reports the average rent in Saint Joseph, MO is $912, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Saint Joseph, MO is studios: $627, 1-bedrooms: $745, 2-bedrooms: $950, 3-bedrooms: $1,190, 4-bedrooms: $1,420. The most common rental property sizes in Saint Joseph, MO are 1-bedroom and 2-bedroom, accounting for 33.4% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $912 |
| Studio Rent | $599 | $627 |
| 1 Bed Rent | $725 | $745 |
| 2 Bed Rent | $900 | $950 |
| 3 Bed Rent | $1,150 | $1,190 |
| 4 Bed Rent | $1,420 | $1,420 |
% of Rental Stock
Property Listings — Saint Joseph, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Saint Joseph, MO is 48. This is a increase of 25.0% 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 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $150,000 | 3.0% |
Listing Count | 53 | 57.0% |
| Listings as % of Homes | 0.7% | 57.0% |
Days on Market | 48 | 25.0% |
Demographics — Saint Joseph, MO
As of the latest ACS Survey released in 2023, Saint Joseph, MO has a population of 10,400, which has decreased by -18.4% over the past 5 years. Saint Joseph, MO is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,400 | -18.4% |
% Under 18 | 23.7% | -8.5% |
% Seniors | 12.6% | 24.8% |
% WFH | 6.1% | 117.9% |
% w/ College Degree | 18.0% | 50.0% |
As of the latest ACS Survey released in 2023, Saint Joseph, MO is a predominantly white area, with 69.2% of the population identifying as white. The white population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Saint Joseph, MO is black, making up 12.0% of the population. Foreign-born residents account for 7.4% of the population in Saint Joseph, MO, and this percentage has decreased by 8.6% 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 | 69.2% | -3.9% |
% Black | 12.0% | 5.3% |
% Hispanic | 10.7% | 7.0% |
% Asian | 1.0% | 150.0% |
% Foreign Born | 7.4% | -8.6% |
Mortgage and Risk — Saint Joseph, MO
According to HUD data as of 2023, there were 168 mortgage originations in Saint Joseph, MO, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Saint Joseph, MO. Investor activity is high, as 23.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 168 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 23.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Saint Joseph, MO
As of 2024, the percent of homes in Saint Joseph, MO under the Section 8 program is 25.0%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Saint Joseph, MO, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 596 |
Total Units Section 8 | 578 |
% Rentals under Section 8 | 25.0% |
% Occupied Section 8 | 83.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $25 | $725 | $750 |
| 2 Bedroom | $90 | $900 | $990 |
| 3 Bedroom | $110 | $1,150 | $1,260 |
| 4 Bedroom | -$10 | $1,420 | $1,410 |
Affordability — Saint Joseph, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $115,000 |
| Median Household Income | $41,600 |