Boonville, MO—65233
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Boonville, MO
As of Nov '25, the median home price in Boonville, MO is $223,000, with a year-over-year change of 3.3%. This indicates that home prices in Boonville, MO are increasing. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | 3.3% |
| Single Family | $223,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $145,000 | 2.1% |
3 Bed | $221,000 | 3.3% |
4 Bed | $283,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Boonville, MO
As of July '25, Rentcast reports the average rent in Boonville, MO is $1,650, with a year-over-year rent change of 67.2%. Per bedroom, the median rent as of July '25 in Boonville, MO is 2-bedrooms: $1,320, 3-bedrooms: $2,300. The most common rental property sizes in Boonville, MO are 2-bedroom and 3-bedroom, accounting for 44.4% and 25.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $845 | $1,320 |
| 3 Bed Rent | $2,300 | $2,300 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Boonville, MO
As of Nov '25, Realtor.com reports that the median days on market for a home in Boonville, MO is 46. This is a decrease of -15.0% 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 31.0%, 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 | 39 | -21.0% |
| Listings as % of Homes | 0.3% | -21.0% |
Days on Market | 46 | -15.0% |
Demographics — Boonville, MO
As of the latest ACS Survey released in 2023, Boonville, MO has a population of 10,900, which has decreased by -9.1% over the past 5 years. Boonville, MO is a moderately popular place for families, as children make up 23.1% of the population. The area has a moderately educated workforce, with 25.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,900 | -9.1% |
% Under 18 | 23.1% | 13.8% |
% Seniors | 19.1% | 13.0% |
% WFH | 4.8% | 6.7% |
% w/ College Degree | 25.6% | 10.8% |
As of the latest ACS Survey released in 2023, Boonville, MO is a predominantly white area, with 84.9% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Boonville, MO is black, making up 8.1% of the population. Foreign-born residents account for 1.2% of the population in Boonville, MO, and this percentage has increased by 20.0% 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 | 84.9% | 1.4% |
% Black | 8.1% | -12.0% |
% Hispanic | 2.4% | -7.7% |
% Asian | 0.5% | 66.7% |
% Foreign Born | 1.2% | 20.0% |
Mortgage and Risk — Boonville, MO
According to HUD data as of 2023, there were 224 mortgage originations in Boonville, MO, of which 79.0% 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 Boonville, MO. Investor activity is low, as 12.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 224 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 12.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Rentals and Section 8 — Boonville, MO
Boonville, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 207 |
Total Units Section 8 | 158 |
% Rentals under Section 8 | 16.1% |
% Occupied Section 8 | 67.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $650 |
| 2 Bedroom | $5 | $845 | $850 |
| 3 Bedroom | -$1,240 | $2,300 | $1,060 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Boonville, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $223,000 |
| Median Household Income | $64,300 |