Richland, MO65556

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$196,000
2.8% YoY Growth
Median Household Income
$43,800
9.1% 5-Year Growth
Days on Market
77
10.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$400
0.0% YoY Growth
1-Bed Rent
$400
0.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Richland, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Richland, MO is 77. This is a increase of 10.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$315,00011.0%
Listing Count
2734.0%
Listings as % of Homes1.2%34.0%
Days on Market
7710.0%
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Demographics — Richland, MO

As of the latest ACS Survey released in 2023, Richland, MO has a population of 5,020, which has decreased by -19.7% over the past 5 years. Richland, MO is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,020-19.7%
% Under 18
25.3%52.4%
% Seniors
23.0%41.1%
% WFH
1.4%-30.0%
% w/ College Degree
15.5%59.8%
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As of the latest ACS Survey released in 2023, Richland, MO is a predominantly white area, with 88.7% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Richland, MO is hispanic, making up 5.2% of the population. Foreign-born residents account for 0.9% of the population in Richland, MO, and this percentage has increased by 28.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
88.7%-7.1%
% Black
0.4%-60.0%
% Hispanic
5.2%372.7%
% Asian
0.8%100.0%
% Foreign Born
0.9%28.6%
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Mortgage and Risk — Richland, MO

According to HUD data as of 2023, there were 97 mortgage originations in Richland, MO, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Richland, MO. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
97
% Conventional Loans
54.0%
% Government Loans
46.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Richland, MO

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

Section 8 Market Size

Total Units under HUD
101
Total Units Section 8
8
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$270$400$670
2 BedroomN/AN/A$890
3 BedroomN/AN/A$1,250
4 BedroomN/AN/A$1,500

Affordability — Richland, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.8
Median Home Price$196,000
Median Household Income$43,800

Richland, MO — ZIP Code Boundary Map

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Frequently Asked Questions