Sweet Springs, MO—65351
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sweet Springs, MO
As of Oct '25, the median home price in Sweet Springs, MO is $172,000, with a year-over-year change of -7.9%. This indicates that home prices in Sweet Springs, MO are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | -7.9% |
| Single Family | $172,000 | -7.0% |
| 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 — Sweet Springs, MO
Sweet Springs, 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 — Sweet Springs, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Sweet Springs, MO is 85. This is a decrease of -37.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $225,000 | 205.0% |
Listing Count | 9 | 81.0% |
| Listings as % of Homes | 0.9% | 81.0% |
Days on Market | 85 | -37.0% |
Demographics — Sweet Springs, MO
As of the latest ACS Survey released in 2023, Sweet Springs, MO has a population of 2,220, which has decreased by -13.8% over the past 5 years. Sweet Springs, MO is a popular place for families, as children make up 26.4% of the population. The area has a poorly educated workforce, with 13.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,220 | -13.8% |
% Under 18 | 26.4% | 22.8% |
% Seniors | 22.3% | 3.2% |
% WFH | 4.1% | 13.9% |
% w/ College Degree | 13.5% | -8.8% |
As of the latest ACS Survey released in 2023, Sweet Springs, MO is a predominantly white area, with 90.6% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Sweet Springs, MO is hispanic, making up 2.6% of the population. Foreign-born residents account for 0.9% of the population in Sweet Springs, MO, and this percentage has increased by 50.0% 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 | 90.6% | -6.2% |
% Black | 0.9% | 0.0% |
% Hispanic | 2.6% | 160.0% |
% Asian | 2.1% | 950.0% |
% Foreign Born | 0.9% | 50.0% |
Mortgage and Risk — Sweet Springs, MO
According to HUD data as of 2023, there were 39 mortgage originations in Sweet Springs, MO, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in Sweet Springs, MO. Investor activity is low, as 15.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 39 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 15.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Sweet Springs, MO
Sweet Springs, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Sweet Springs, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $172,000 |
| Median Household Income | $53,700 |