Joplin, MO—64801
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Joplin, MO
Home Price Trends — Joplin, MO
As of Oct '25, the median home price in Joplin, MO is $189,000, with a year-over-year change of 1.1%. This indicates that home prices in Joplin, MO are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $189,000 | 1.1% |
| Single Family | $190,000 | 1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $111,000 | 0.0% |
3 Bed | $188,000 | 1.6% |
4 Bed | $282,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Joplin, MO
As of July '25, Rentcast reports the average rent in Joplin, MO is $1,110, with a year-over-year rent change of 2.8%. Per bedroom, the median rent as of July '25 in Joplin, MO is studios: $586, 1-bedrooms: $862, 2-bedrooms: $997, 3-bedrooms: $1,330, 4-bedrooms: $1,270. The most common rental property sizes in Joplin, MO are 2-bedroom and 1-bedroom, accounting for 45.3% and 27.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,110 |
| Studio Rent | $575 | $586 |
| 1 Bed Rent | $775 | $862 |
| 2 Bed Rent | $900 | $997 |
| 3 Bed Rent | $1,300 | $1,330 |
| 4 Bed Rent | $1,080 | $1,270 |
% of Rental Stock
Property Listings — Joplin, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Joplin, MO is 38. This is a increase of 17.0% 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 | $200,000 | -6.0% |
Listing Count | 216 | 23.0% |
| Listings as % of Homes | 0.6% | 23.0% |
Days on Market | 38 | 17.0% |
Demographics — Joplin, MO
As of the latest ACS Survey released in 2023, Joplin, MO has a population of 36,400, which has remained stable by 0.3% over the past 5 years. Joplin, MO is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,400 | 0.3% |
% Under 18 | 18.9% | -6.0% |
% Seniors | 17.8% | 17.1% |
% WFH | 8.1% | 145.5% |
% w/ College Degree | 25.7% | 5.3% |
As of the latest ACS Survey released in 2023, Joplin, MO is a predominantly white area, with 81.5% of the population identifying as white. The white population has shrunk by 5.3% in the last 5 years. The second most common race or ethnicity in Joplin, MO is hispanic, making up 5.8% of the population. Foreign-born residents account for 4.5% of the population in Joplin, MO, and this percentage has increased by 87.5% 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 | 81.5% | -5.3% |
% Black | 3.0% | 30.4% |
% Hispanic | 5.8% | 26.1% |
% Asian | 2.2% | 144.4% |
% Foreign Born | 4.5% | 87.5% |
Mortgage and Risk — Joplin, MO
According to HUD data as of 2023, there were 571 mortgage originations in Joplin, MO, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Joplin, MO. Investor activity is low, as 10.0% 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 | 571 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 10.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Joplin, MO
As of 2024, the percent of homes in Joplin, MO under the Section 8 program is 8.5%. 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 Joplin, 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 | 687 |
Total Units Section 8 | 571 |
% Rentals under Section 8 | 8.5% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $75 | $775 | $850 |
| 2 Bedroom | $160 | $900 | $1,060 |
| 3 Bedroom | $60 | $1,300 | $1,360 |
| 4 Bedroom | $360 | $1,080 | $1,440 |
Affordability — Joplin, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $189,000 |
| Median Household Income | $51,400 |