Joplin, MO—64804
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 $221,000, with a year-over-year change of 3.3%. This indicates that home prices in Joplin, MO are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 3.3% |
| Single Family | $221,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $92,000 | 0.0% |
2 Bed | $135,000 | 2.3% |
3 Bed | $215,000 | 3.4% |
4 Bed | $322,000 | 5.2% |
| 5 Bed | $528,000 | 7.3% |
% of Housing Stock
Rental Trends — Joplin, MO
As of July '25, Rentcast reports the average rent in Joplin, MO is $1,260, with a year-over-year rent change of 5.9%. Per bedroom, the median rent as of July '25 in Joplin, MO is studios: $1,100, 1-bedrooms: $851, 2-bedrooms: $990, 3-bedrooms: $1,410, 4-bedrooms: $2,110. The most common rental property sizes in Joplin, MO are 2-bedroom and 3-bedroom, accounting for 40.3% and 33.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,260 |
| Studio Rent | $1,100 | $1,100 |
| 1 Bed Rent | $800 | $851 |
| 2 Bed Rent | $925 | $990 |
| 3 Bed Rent | $1,450 | $1,410 |
| 4 Bed Rent | $2,000 | $2,110 |
% 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 46. 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | -1.0% |
Listing Count | 195 | -4.0% |
| Listings as % of Homes | 0.9% | -4.0% |
Days on Market | 46 | 13.0% |
Demographics — Joplin, MO
As of the latest ACS Survey released in 2023, Joplin, MO has a population of 37,000, which has increased by 3.9% over the past 5 years. Joplin, MO is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 27.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,000 | 3.9% |
% Under 18 | 22.6% | -2.2% |
% Seniors | 19.6% | 11.4% |
% WFH | 8.8% | 193.3% |
% w/ College Degree | 27.6% | 1.1% |
As of the latest ACS Survey released in 2023, Joplin, MO is a predominantly white area, with 83.6% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Joplin, MO is hispanic, making up 6.2% of the population. Foreign-born residents account for 3.1% of the population in Joplin, MO, and this percentage has increased by 10.7% 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 | 83.6% | -4.7% |
% Black | 2.0% | -25.9% |
% Hispanic | 6.2% | 93.8% |
% Asian | 1.8% | -5.3% |
% Foreign Born | 3.1% | 10.7% |
Mortgage and Risk — Joplin, MO
According to HUD data as of 2023, there were 736 mortgage originations in Joplin, 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 Joplin, MO. Investor activity is low, as 7.0% 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 | 736 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 7.0% |
% 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 11.1%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Joplin, MO, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 742 |
Total Units Section 8 | 497 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 83.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $800 | $820 |
| 2 Bedroom | $95 | $925 | $1,020 |
| 3 Bedroom | -$140 | $1,450 | $1,310 |
| 4 Bedroom | -$610 | $2,000 | $1,390 |
Affordability — Joplin, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $221,000 |
| Median Household Income | $62,100 |