Republic, MO65738

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$259,000
0.6% YoY Growth
Median Household Income
$67,800
32.1% 5-Year Growth
Days on Market
46
44.0% Shorter than last year
Home Price Forecast
2.1%
Median Rent
$1,600
15.4% YoY Growth
1-Bed Rent
$830
41.4% YoY Growth
2-Bed Rent
$2,300
59.3% YoY Growth
3-Bed Rent
$1,600
8.8% YoY Growth

Property Listings — Republic, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Republic, MO is 46. This is a decrease of -44.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$349,0001.0%
Listing Count
159-20.0%
Listings as % of Homes1.7%-20.0%
Days on Market
46-44.0%
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Demographics — Republic, MO

As of the latest ACS Survey released in 2023, Republic, MO has a population of 21,100, which has increased by 12.2% over the past 5 years. Republic, MO is a popular place for families, as children make up 28.3% of the population. The area has a moderately educated workforce, with 28.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
21,10012.2%
% Under 18
28.3%1.4%
% Seniors
16.1%29.8%
% WFH
7.0%112.1%
% w/ College Degree
28.3%16.9%
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As of the latest ACS Survey released in 2023, Republic, MO is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Republic, MO is hispanic, making up 2.9% of the population. Foreign-born residents account for 1.1% of the population in Republic, MO, and this percentage has decreased by 15.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
90.8%-1.0%
% Black
1.0%-33.3%
% Hispanic
2.9%7.4%
% Asian
0.9%-43.8%
% Foreign Born
1.1%-15.4%
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Mortgage and Risk — Republic, MO

According to HUD data as of 2023, there were 576 mortgage originations in Republic, MO, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Republic, MO. Investor activity is low, as 4.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
576
% Conventional Loans
67.0%
% Government Loans
33.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
11.0%

Loan Activity

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Rentals and Section 8 — Republic, MO

As of 2024, the percent of homes in Republic, MO under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Republic, MO, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
74
Total Units Section 8
19
% Rentals under Section 8
0.6%
% Occupied Section 8
94.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$90$830$920
2 Bedroom-$1,150$2,300$1,150
3 Bedroom-$20$1,600$1,580
4 Bedroom-$130$1,900$1,770

Affordability — Republic, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$259,000
Median Household Income$67,800

Republic, MO — ZIP Code Boundary Map

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Frequently Asked Questions