Hickman Mills, Kansas City, MO64134

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$169,000
2.0% YoY Growth
Median Household Income
$56,500
35.9% 5-Year Growth
Days on Market
45
6.0% Shorter than last year
Home Price Forecast
1.6%
Median Rent
$1,380
3.7% YoY Growth
1-Bed Rent
$865
25.5% YoY Growth
2-Bed Rent
$1,220
10.9% YoY Growth
3-Bed Rent
$1,400
1.5% YoY Growth

Property Listings — Hickman Mills, Kansas City, MO

As of Aug '25 and according to Realtor.com, the median days on market for a home in Hickman Mills, Kansas City, MO is 45. This is an decrease of -6.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 37.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$190,0007.0%
Listing Count
104N/A
Listings as % of Homes0.8%N/A
Days on Market
45-6.0%
Loading chart...

Demographics — Hickman Mills, Kansas City, MO

MetricLatest CensusYoY % Change
Population
23,000-3.7%
% Under 18
29.1%-4.9%
% Under 5N/AN/A
% Seniors
11.9%5.3%
% WFH
9.8%127.9%
% w/ College Degree
18.4%22.7%
Loading chart...

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
28.3%5.2%
% Black
58.2%-9.8%
% Hispanic
9.6%68.4%
% Asian
0.8%-27.3%
% Foreign Born
4.3%22.9%
Loading chart...

Mortgage and Risk — Hickman Mills, Kansas City, MO

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Hickman Mills, Kansas City, MO in that year was 447. 64.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 76.0%. Of those, 50.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Hickman Mills, Kansas City, MO. Investor activity in Hickman Mills, Kansas City, MO is low, as 6.0% of all loans are originated by investors. In 2023, 11.0% of all loans were cash-out refinances, suggesting many homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
447N/AN/A
% Conventional Loans
64.0%N/AN/A
% Government Loans
36.0%N/AN/A
% Investor Loans
6.0%N/AN/A
% Second Loans
1.0%N/AN/A
% Cash Out Refinance
11.0%N/AN/A
Loading chart...
Loading chart...
Loading chart...

Rentals and Section 8 — Hickman Mills, Kansas City, MO

As of 2024, the percent of homes in Hickman Mills, Kansas City, MO under the Section 8 program is 18.1%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
821
Total Units Section 8
740
% Rentals under Section 8
18.1%
% Occupied Section 8
85.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$395$865$1,260
2 Bedroom$210$1,220$1,430
3 Bedroom$470$1,400$1,870
4 Bedroom$810$1,400$2,210

Affordability — Hickman Mills, Kansas City, MO

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio2.8N/AN/A
Median Home Price$169,000N/AN/A
Median Household Income$56,500N/AN/A

Hickman Mills, Kansas City, MO — ZIP Code Boundary Map

Loading map...