Oak Grove, MO 64075 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Oak Grove, MO—64075

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$292,000

3.0% YoY Growth

Household Income

$80,800

18.1% YoY Growth

Days on Market

42.0% Shorter YoY

Home Price Forecast

2.2%

Median Rent

$1,300

7.9% YoY Growth

1-Bed Rent

$1,160

29.6% YoY Growth

2-Bed Rent

$1,200

10.5% YoY Growth

3-Bed Rent

$1,400

9.0% YoY Growth

Home Price Trends — Oak Grove, MO

As of Nov '25, the median home price in Oak Grove, MO is $292,000, with a year-over-year change of 3.0%. This indicates that home prices in Oak Grove, MO are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$292,000	3.0%
Single Family	$292,000	3.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Oak Grove, MO

As of July '25, Rentcast reports the average rent in Oak Grove, MO is $1,370, with a year-over-year rent change of 7.9%. Per bedroom, the median rent as of July '25 in Oak Grove, MO is 1-bedrooms: $1,160, 2-bedrooms: $1,160, 3-bedrooms: $1,450, 4-bedrooms: $2,170. The most common rental property sizes in Oak Grove, MO are 2-bedroom and 3-bedroom, accounting for 57.9% and 25.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,300	$1,370
Studio Rent	N/A	N/A
1 Bed Rent	$1,160	$1,160
2 Bed Rent	$1,200	$1,160
3 Bed Rent	$1,400	$1,450
4 Bed Rent	$2,150	$2,170

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% of Rental Stock

Studio

0.6%

1 Bedroom

11.5%

2 Bedrooms

57.9%

3 Bedrooms

25.0%

4 Bedrooms

5.1%

Property Listings — Oak Grove, MO

As of Nov '25, Realtor.com reports that the median days on market for a home in Oak Grove, MO is 87. This is a decrease of -42.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$390,000	16.0%
Listing Count	78	-26.0%
Listings as % of Homes	1.1%	-26.0%
Days on Market	87	-42.0%

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Demographics — Oak Grove, MO

As of the latest ACS Survey released in 2023, Oak Grove, MO has a population of 12,000, which has decreased by -3.8% over the past 5 years. Oak Grove, MO is a moderately popular place for families, as children make up 21.4% of the population. The area has a poorly educated workforce, with 19.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	12,000	-3.8%
% Under 18	21.4%	-25.4%
% Seniors	16.7%	18.4%
% WFH	11.3%	130.6%
% w/ College Degree	19.9%	-2.5%

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As of the latest ACS Survey released in 2023, Oak Grove, MO is a predominantly white area, with 91.7% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Oak Grove, MO is black, making up 2.4% of the population. Foreign-born residents account for 1.6% of the population in Oak Grove, MO, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	91.7%	-1.4%
% Black	2.4%	100.0%
% Hispanic	2.1%	-44.7%
% Asian	1.0%	400.0%
% Foreign Born	1.6%	100.0%

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Mortgage and Risk — Oak Grove, MO

According to HUD data as of 2023, there were 244 mortgage originations in Oak Grove, MO, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Oak Grove, MO. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	244
% Conventional Loans	68.0%
% Government Loans	32.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Oak Grove, MO

As of 2024, the percent of homes in Oak Grove, MO under the Section 8 program is 5.6%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Oak Grove, MO, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	76
Total Units Section 8	76
% Rentals under Section 8	5.6%
% Occupied Section 8	90.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$170	$1,160	$990
2 Bedroom	-$60	$1,200	$1,140
3 Bedroom	$90	$1,400	$1,490
4 Bedroom	-$410	$2,150	$1,740

Oak Grove, MO—64075

Key Metrics at a Glance

Home Price Trends — Oak Grove, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oak Grove, MO

% of Rental Stock

Property Listings — Oak Grove, MO

Demographics — Oak Grove, MO

Race and Ethnicity

Mortgage and Risk — Oak Grove, MO

Mortgages

Rentals and Section 8 — Oak Grove, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Oak Grove, MO

Home Price to Income Ratio

Oak Grove, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Grain Valley, MO

Bates City, MO

Lone Jack, MO

Bates City, MO

Blue Springs, MO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$292,000
Median Household Income	$80,800

Oak Grove, MO—64075

Key Metrics at a Glance

Home Price Trends — Oak Grove, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Oak Grove, MO

% of Rental Stock

Property Listings — Oak Grove, MO

Demographics — Oak Grove, MO

Race and Ethnicity

Mortgage and Risk — Oak Grove, MO

Mortgages

Rentals and Section 8 — Oak Grove, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Oak Grove, MO

Home Price to Income Ratio

Oak Grove, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Grain Valley, MO

Bates City, MO

Lone Jack, MO

Bates City, MO

Blue Springs, MO

Frequently Asked Questions

What is the average home price in Oak Grove, MO 64075?

How have home prices in Oak Grove, MO 64075 changed over the past year?

What is the home price projection for Oak Grove, MO 64075?

What are the demographics of Oak Grove, MO 64075?

How long does it take homes to sell in Oak Grove, MO 64075?

What is the average rent price in Oak Grove, MO 64075?