Lathrop, MO—64465
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lathrop, MO
As of Oct '25, the median home price in Lathrop, MO is $258,000, with a year-over-year change of 5.9%. This indicates that home prices in Lathrop, MO are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $258,000 | 6.0% |
| Single Family | $258,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $263,000 | 5.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lathrop, MO
As of July '25, Rentcast reports the average rent in Lathrop, MO is $633, with a year-over-year rent change of -17.5%. Per bedroom, the median rent as of July '25 in Lathrop, MO is 1-bedrooms: $750, 2-bedrooms: $575. The most common rental property sizes in Lathrop, MO are 2-bedroom and 1-bedroom, accounting for 52.9% and 19.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $633 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $750 |
| 2 Bed Rent | $400 | $575 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Lathrop, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Lathrop, MO is 44. This is a decrease of -7.0% 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 63.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $507,000 | 50.0% |
Listing Count | 19 | 17.0% |
| Listings as % of Homes | 0.6% | 17.0% |
Days on Market | 44 | -7.0% |
Demographics — Lathrop, MO
As of the latest ACS Survey released in 2023, Lathrop, MO has a population of 4,070, which has decreased by -14.0% over the past 5 years. Lathrop, MO is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,070 | -14.0% |
% Under 18 | 20.0% | -24.0% |
% Seniors | 16.7% | -5.1% |
% WFH | 7.9% | 54.9% |
% w/ College Degree | 22.2% | 47.0% |
As of the latest ACS Survey released in 2023, Lathrop, MO is a predominantly white area, with 89.9% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Lathrop, MO is hispanic, making up 4.3% of the population. Foreign-born residents account for 1.7% of the population in Lathrop, MO, and this percentage has increased by 240.0% 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 | 89.9% | -3.7% |
% Black | 0.1% | -95.0% |
% Hispanic | 4.3% | 95.5% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 1.7% | 240.0% |
Mortgage and Risk — Lathrop, MO
According to HUD data as of 2023, there were 153 mortgage originations in Lathrop, MO, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Lathrop, MO. Investor activity is low, as 7.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 153 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 7.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Lathrop, MO
Lathrop, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $750 | $990 |
| 2 Bedroom | $740 | $400 | $1,140 |
| 3 Bedroom | N/A | N/A | $1,490 |
| 4 Bedroom | N/A | N/A | $1,740 |
Affordability — Lathrop, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $258,000 |
| Median Household Income | $78,900 |