Steelville, MO—65565
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Steelville, MO
Steelville, MO lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $184,000 | 3.5% |
| Single Family | $184,000 | 4.0% |
| 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 | $198,000 | 5.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Steelville, MO
Steelville, 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 — Steelville, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Steelville, MO is 95. 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 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $243,000 | 61.0% |
Listing Count | 24 | 49.0% |
| Listings as % of Homes | 0.6% | 49.0% |
Days on Market | 95 | -23.0% |
Demographics — Steelville, MO
As of the latest ACS Survey released in 2023, Steelville, MO has a population of 4,680, which has decreased by -7.4% over the past 5 years. Steelville, MO is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,680 | -7.4% |
% Under 18 | 20.1% | 1.0% |
% Seniors | 24.0% | 11.6% |
% WFH | 3.9% | -25.0% |
% w/ College Degree | 12.7% | 27.0% |
As of the latest ACS Survey released in 2023, Steelville, MO is a predominantly white area, with 94.9% of the population identifying as white. The white population has remained stable in the last 5 years. The second most common race or ethnicity in Steelville, MO is black, making up 1.0% of the population. Foreign-born residents account for 0.1% of the population in Steelville, MO, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.9% | 0.0% |
% Black | 1.0% | 150.0% |
% Hispanic | 0.1% | -88.9% |
% Asian | 0.2% | ∞% |
% Foreign Born | 0.1% | -80.0% |
Mortgage and Risk — Steelville, MO
According to HUD data as of 2023, there were 54 mortgage originations in Steelville, MO, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Steelville, MO. Investor activity is low, as 0.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 0.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Steelville, MO
Steelville, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 62 |
Total Units Section 8 | 62 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $670 |
| 2 Bedroom | N/A | N/A | $820 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,260 |
Affordability — Steelville, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $184,000 |
| Median Household Income | $51,200 |