Garden City, MO—64747

As of Aug '25, the median home price in Garden City, MO is $282,000, with a year-over-year change of 3.4%. This indicates that home prices in Garden City, MO are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

As of Aug '25 and according to Realtor.com, the median days on market for a home in Garden City, MO is 78. This is an increase of 20.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 73.0%. This is a large percentage of inventory, suggesting a lot of supply pressure on home prices.

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 Garden City, MO in that year was 84. 70.0% 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 70.0%. Of those, 31.0% were >90% loan to value. This is considered very high, suggesting that mortgage risk is large in Garden City, MO. Investor activity in Garden City, MO is low, as 8.0% of all loans are originated by investors. In 2023, 10.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.