Goodman, MO64843

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$198,000
2.0% YoY Growth
Median Household Income
$51,500
12.3% 5-Year Growth
Days on Market
42
23.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$390
12.6% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$750
32.7% YoY Growth
3-Bed Rent
$390
43.9% YoY Growth

Property Listings — Goodman, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Goodman, MO is 42. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$256,000-3.0%
Listing Count
185.0%
Listings as % of Homes1.0%5.0%
Days on Market
42-23.0%
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Demographics — Goodman, MO

As of the latest ACS Survey released in 2023, Goodman, MO has a population of 3,190, which has decreased by -5.3% over the past 5 years. Goodman, MO is a popular place for families, as children make up 28.8% of the population. The area has a poorly educated workforce, with 14.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
3,190-5.3%
% Under 18
28.8%28.0%
% Seniors
13.5%-17.2%
% WFH
11.8%1,375.0%
% w/ College Degree
14.3%155.4%
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As of the latest ACS Survey released in 2023, Goodman, MO is a predominantly white area, with 71.8% of the population identifying as white. The white population has shrunk by 20.5% in the last 5 years. The second most common race or ethnicity in Goodman, MO is hispanic, making up 12.7% of the population. Foreign-born residents account for 12.1% of the population in Goodman, MO, and this percentage has increased by 1000.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
71.8%-20.5%
% Black
0.0%-100.0%
% Hispanic
12.7%243.2%
% Asian
3.0%100.0%
% Foreign Born
12.1%1,000.0%
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Mortgage and Risk — Goodman, MO

According to HUD data as of 2023, there were 67 mortgage originations in Goodman, MO, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Goodman, MO. Investor activity is low, as 7.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
67
% Conventional Loans
61.0%
% Government Loans
39.0%
% Investor Loans
7.0%
% Second Loans
3.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Goodman, MO

Goodman, MO lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
3
% Rentals under Section 8
0.8%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$710
2 Bedroom$170$750$920
3 Bedroom$840$390$1,230
4 BedroomN/AN/A$1,500

Affordability — Goodman, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.4
Median Home Price$198,000
Median Household Income$51,500

Goodman, MO — ZIP Code Boundary Map

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Frequently Asked Questions