Gladstone, MO 64118 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Gladstone, MO—64118

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$260,000

2.0% YoY Growth

Household Income

$70,300

26.2% YoY Growth

Days on Market

16.0% Shorter YoY

Home Price Forecast

2.1%

Median Rent

$1,620

0.0% YoY Growth

1-Bed Rent

$900

5.8% YoY Growth

2-Bed Rent

$975

8.7% YoY Growth

3-Bed Rent

$1,880

11.4% YoY Growth

Home Price Trends — Gladstone, MO

As of Nov '25, the median home price in Gladstone, MO is $260,000, with a year-over-year change of 2.0%. This indicates that home prices in Gladstone, MO are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$260,000	2.0%
Single Family	$261,000	2.0%
Condos	$162,000	-1.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Gladstone, MO

As of July '25, Rentcast reports the average rent in Gladstone, MO is $1,590, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Gladstone, MO is studios: $775, 1-bedrooms: $956, 2-bedrooms: $1,120, 3-bedrooms: $1,950, 4-bedrooms: $2,110. The most common rental property sizes in Gladstone, MO are 2-bedroom and 1-bedroom, accounting for 37.8% and 25.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,620	$1,590
Studio Rent	$740	$775
1 Bed Rent	$900	$956
2 Bed Rent	$975	$1,120
3 Bed Rent	$1,880	$1,950
4 Bed Rent	$2,000	$2,110

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% of Rental Stock

Studio

6.9%

1 Bedroom

25.7%

2 Bedrooms

37.8%

3 Bedrooms

24.2%

4 Bedrooms

4.3%

5+ Bedrooms

1.0%

Property Listings — Gladstone, MO

As of Nov '25, Realtor.com reports that the median days on market for a home in Gladstone, MO is 38. This is a decrease of -16.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$275,000	6.0%
Listing Count	108	7.0%
Listings as % of Homes	0.3%	7.0%
Days on Market	38	-16.0%

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Demographics — Gladstone, MO

As of the latest ACS Survey released in 2023, Gladstone, MO has a population of 42,200, which has decreased by -1.2% over the past 5 years. Gladstone, MO is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 30.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	42,200	-1.2%
% Under 18	21.8%	-2.2%
% Seniors	15.1%	4.1%
% WFH	10.8%	145.5%
% w/ College Degree	30.0%	3.8%

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As of the latest ACS Survey released in 2023, Gladstone, MO is a predominantly white area, with 72.2% of the population identifying as white. The white population has grown by 1.1% in the last 5 years. The second most common race or ethnicity in Gladstone, MO is black, making up 9.8% of the population. Foreign-born residents account for 6.5% of the population in Gladstone, MO, and this percentage has decreased by 9.7% 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	72.2%	1.1%
% Black	9.8%	-9.3%
% Hispanic	9.6%	-5.9%
% Asian	1.9%	-40.6%
% Foreign Born	6.5%	-9.7%

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Mortgage and Risk — Gladstone, MO

According to HUD data as of 2023, there were 798 mortgage originations in Gladstone, MO, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Gladstone, MO. Investor activity is low, as 3.0% 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	798
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	11.0%

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Rentals and Section 8 — Gladstone, MO

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

Section 8 Market Size

Total Units under HUD	485
Total Units Section 8	412
% Rentals under Section 8	5.6%
% Occupied Section 8	85.9%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$250	$900	$1,150
2 Bedroom	$335	$975	$1,310
3 Bedroom	-$170	$1,880	$1,710
4 Bedroom	$20	$2,000	$2,020

Gladstone, MO—64118

Key Metrics at a Glance

Home Price Trends — Gladstone, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gladstone, MO

% of Rental Stock

Property Listings — Gladstone, MO

Demographics — Gladstone, MO

Race and Ethnicity

Mortgage and Risk — Gladstone, MO

Mortgages

Rentals and Section 8 — Gladstone, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Gladstone, MO

Home Price to Income Ratio

Gladstone, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Parkville, Kansas City, MO

Birmingham, Kansas City, MO

North Kansas City, Kansas City, MO

Nashua, Kansas City, MO

Riverside, MO

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$260,000
Median Household Income	$70,300

Gladstone, MO—64118

Key Metrics at a Glance

Home Price Trends — Gladstone, MO

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Gladstone, MO

% of Rental Stock

Property Listings — Gladstone, MO

Demographics — Gladstone, MO

Race and Ethnicity

Mortgage and Risk — Gladstone, MO

Mortgages

Rentals and Section 8 — Gladstone, MO

Section 8 Market Size

Section 8 Opportunity

Affordability — Gladstone, MO

Home Price to Income Ratio

Gladstone, MO — ZIP Code Boundary Map

Nearby ZIP Codes

Parkville, Kansas City, MO

Birmingham, Kansas City, MO

North Kansas City, Kansas City, MO

Nashua, Kansas City, MO

Riverside, MO

Frequently Asked Questions

What is the average home price in Gladstone, MO 64118?

How have home prices in Gladstone, MO 64118 changed over the past year?

What is the home price projection for Gladstone, MO 64118?

What are the demographics of Gladstone, MO 64118?

How long does it take homes to sell in Gladstone, MO 64118?

What is the average rent price in Gladstone, MO 64118?