Strafford, MO65757

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$297,000
1.2% YoY Growth
Median Household Income
$76,800
24.0% 5-Year Growth
Days on Market
50
25.0% Longer than last year
Home Price Forecast
2.2%
Median Rent
$1,720
2.4% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$400
90.5% YoY Growth
3-Bed Rent
$1,620
0.6% YoY Growth

Property Listings — Strafford, MO

As of Oct '25, Realtor.com reports that the median days on market for a home in Strafford, MO is 50. This is a increase of 25.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$617,00035.0%
Listing Count
24-24.0%
Listings as % of Homes0.8%-24.0%
Days on Market
5025.0%
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Demographics — Strafford, MO

As of the latest ACS Survey released in 2023, Strafford, MO has a population of 8,030, which has increased by 12.8% over the past 5 years. Strafford, MO is a popular place for families, as children make up 29.4% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
8,03012.8%
% Under 18
29.4%22.5%
% Seniors
17.0%7.6%
% WFH
12.4%552.6%
% w/ College Degree
24.2%-5.8%
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As of the latest ACS Survey released in 2023, Strafford, MO is a predominantly white area, with 93.4% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Strafford, MO is hispanic, making up 2.3% of the population. Foreign-born residents account for 1.6% of the population in Strafford, MO, and this percentage has increased by 77.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
93.4%-2.3%
% Black
0.1%-83.3%
% Hispanic
2.3%666.7%
% Asian
0.8%-20.0%
% Foreign Born
1.6%77.8%
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Mortgage and Risk — Strafford, MO

According to HUD data as of 2023, there were 108 mortgage originations in Strafford, MO, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Strafford, MO. Investor activity is high, as 32.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
108
% Conventional Loans
81.0%
% Government Loans
19.0%
% Investor Loans
32.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Strafford, MO

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

Section 8 Market Size

Total Units under HUD
5
Total Units Section 8
5
% Rentals under Section 8
2.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$850
2 Bedroom$670$400$1,070
3 Bedroom-$150$1,620$1,470
4 Bedroom-$270$1,920$1,650

Affordability — Strafford, MO

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$297,000
Median Household Income$76,800

Strafford, MO — ZIP Code Boundary Map

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Frequently Asked Questions