Merriam Woods Village, MO—65740
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Merriam Woods Village, MO
As of Oct '25, the median home price in Merriam Woods Village, MO is $175,000, with a year-over-year change of 1.9%. This indicates that home prices in Merriam Woods Village, MO are increasing. 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 | $175,000 | 1.9% |
| Single Family | $176,000 | 2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $136,000 | -0.7% |
3 Bed | $189,000 | 1.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Merriam Woods Village, MO
As of July '25, Rentcast reports the average rent in Merriam Woods Village, MO is $1,250, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Merriam Woods Village, MO is studios: $720, 3-bedrooms: $1,780. The most common rental property sizes in Merriam Woods Village, MO are 2-bedroom and 3-bedroom, accounting for 41.8% and 34.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $720 | $1,250 |
| Studio Rent | $720 | $720 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,280 | $1,780 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Merriam Woods Village, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Merriam Woods Village, MO is 55. 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $214,000 | -6.0% |
Listing Count | 32 | 27.0% |
| Listings as % of Homes | 0.9% | 27.0% |
Days on Market | 55 | -23.0% |
Demographics — Merriam Woods Village, MO
As of the latest ACS Survey released in 2023, Merriam Woods Village, MO has a population of 3,500, which has increased by 7.1% over the past 5 years. Merriam Woods Village, MO is a popular place for families, as children make up 25.9% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,500 | 7.1% |
% Under 18 | 25.9% | -6.8% |
% Seniors | 17.4% | 25.2% |
% WFH | 2.8% | -9.7% |
% w/ College Degree | 14.9% | 56.8% |
As of the latest ACS Survey released in 2023, Merriam Woods Village, MO is a predominantly white area, with 85.1% of the population identifying as white. The white population has shrunk by 1.8% in the last 5 years. The second most common race or ethnicity in Merriam Woods Village, MO is hispanic, making up 9.0% of the population. Foreign-born residents account for 1.1% of the population in Merriam Woods Village, MO, and this percentage has decreased by 66.7% 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 | 85.1% | -1.8% |
% Black | 1.7% | ∞% |
% Hispanic | 9.0% | 3.4% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | -66.7% |
Mortgage and Risk — Merriam Woods Village, MO
According to HUD data as of 2023, there were 75 mortgage originations in Merriam Woods Village, MO, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 56.0% above 90% LTV (very high). This implies large mortgage risk in Merriam Woods Village, MO. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Merriam Woods Village, MO
Merriam Woods Village, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% 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 | $770 |
| 2 Bedroom | N/A | N/A | $1,010 |
| 3 Bedroom | $20 | $1,280 | $1,300 |
| 4 Bedroom | N/A | N/A | $1,630 |
Affordability — Merriam Woods Village, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $175,000 |
| Median Household Income | $54,200 |