Saint Joseph, MO—64507
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 $160,000, with a year-over-year change of 7.2%. 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 | $160,000 | 7.3% |
| Single Family | $160,000 | 7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $127,000 | 7.6% |
3 Bed | $175,000 | 6.7% |
4 Bed | $234,000 | 5.4% |
| 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 $1,170, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Saint Joseph, MO is 1-bedrooms: $695, 2-bedrooms: $1,100, 3-bedrooms: $1,080, 4-bedrooms: $1,480. The most common rental property sizes in Saint Joseph, MO are 2-bedroom and 1-bedroom, accounting for 42.1% and 28.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,100 | $1,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $695 | $695 |
| 2 Bed Rent | $850 | $1,100 |
| 3 Bed Rent | $1,100 | $1,080 |
| 4 Bed Rent | $1,400 | $1,480 |
% 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 40. This is a increase of 13.0% 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 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $167,000 | 4.0% |
Listing Count | 68 | 31.0% |
| Listings as % of Homes | 0.7% | 31.0% |
Days on Market | 40 | 13.0% |
Demographics — Saint Joseph, MO
As of the latest ACS Survey released in 2023, Saint Joseph, MO has a population of 14,200, which has increased by 4.1% over the past 5 years. Saint Joseph, MO is a moderately popular place for families, as children make up 23.2% of the population. The area has a poorly educated workforce, with 22.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,200 | 4.1% |
% Under 18 | 23.2% | -4.1% |
% Seniors | 14.4% | 10.8% |
% WFH | 8.3% | 418.8% |
% w/ College Degree | 22.7% | 14.1% |
As of the latest ACS Survey released in 2023, Saint Joseph, MO is a predominantly white area, with 80.9% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Saint Joseph, MO is black, making up 7.8% of the population. Foreign-born residents account for 1.6% of the population in Saint Joseph, MO, and this percentage has decreased by 33.3% 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 | 80.9% | -4.4% |
% Black | 7.8% | 50.0% |
% Hispanic | 5.0% | -16.7% |
% Asian | 0.5% | -28.6% |
% Foreign Born | 1.6% | -33.3% |
Mortgage and Risk — Saint Joseph, MO
According to HUD data as of 2023, there were 327 mortgage originations in Saint Joseph, MO, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Saint Joseph, MO. Investor activity is low, as 12.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 327 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 12.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
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 16.7%. 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 Saint Joseph, 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 | 271 |
Total Units Section 8 | 271 |
% Rentals under Section 8 | 16.7% |
% Occupied Section 8 | 88.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $125 | $695 | $820 |
| 2 Bedroom | $230 | $850 | $1,080 |
| 3 Bedroom | $270 | $1,100 | $1,370 |
| 4 Bedroom | $140 | $1,400 | $1,540 |
Affordability — Saint Joseph, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $160,000 |
| Median Household Income | $63,000 |