Slater, MO—65349
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Slater, MO
As of Oct '25, the median home price in Slater, MO is $125,000, with a year-over-year change of 3.7%. This indicates that home prices in Slater, MO are increasing. According to Zillow, the 1-year price projection is -1.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $125,000 | 3.7% |
| Single Family | $125,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Slater, MO
Slater, MO lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Slater, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Slater, MO is 43. This is a increase of 28.0% 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 67.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $163,000 | 34.0% |
Listing Count | 6 | -47.0% |
| Listings as % of Homes | 0.3% | -47.0% |
Days on Market | 43 | 28.0% |
Demographics — Slater, MO
As of the latest ACS Survey released in 2023, Slater, MO has a population of 2,560, which has remained stable by 0.9% over the past 5 years. Slater, MO is a moderately popular place for families, as children make up 17.4% of the population. The area has a poorly educated workforce, with 19.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,560 | 0.9% |
% Under 18 | 17.4% | -20.2% |
% Seniors | 18.7% | -13.0% |
% WFH | 3.7% | -7.5% |
% w/ College Degree | 19.4% | 59.0% |
As of the latest ACS Survey released in 2023, Slater, MO is a predominantly white area, with 77.8% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Slater, MO is black, making up 11.1% of the population. Foreign-born residents account for 4.1% of the population in Slater, MO, and this percentage has increased by 485.7% 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 | 77.8% | -9.6% |
% Black | 11.1% | 146.7% |
% Hispanic | 8.2% | 925.0% |
% Asian | 1.9% | 280.0% |
% Foreign Born | 4.1% | 485.7% |
Mortgage and Risk — Slater, MO
According to HUD data as of 2023, there were 34 mortgage originations in Slater, MO, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Slater, MO. Investor activity is high, as 21.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 34 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 21.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Slater, MO
Slater, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 86 |
Total Units Section 8 | 48 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $630 |
| 2 Bedroom | N/A | N/A | $820 |
| 3 Bedroom | N/A | N/A | $1,140 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Slater, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $125,000 |
| Median Household Income | $46,900 |