Ash Grove, MO—65604
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ash Grove, MO
As of Oct '25, the median home price in Ash Grove, MO is $252,000, with a year-over-year change of -1.4%. This indicates that home prices in Ash Grove, MO are decreasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $252,000 | -1.4% |
| Single Family | $252,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $172,000 | -2.3% |
3 Bed | $263,000 | -0.8% |
4 Bed | $334,000 | -0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ash Grove, MO
Ash Grove, MO lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ash Grove, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Ash Grove, MO is 38. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $317,000 | -6.0% |
Listing Count | 22 | -3.0% |
| Listings as % of Homes | 0.5% | -3.0% |
Days on Market | 38 | 45.0% |
Demographics — Ash Grove, MO
As of the latest ACS Survey released in 2023, Ash Grove, MO has a population of 3,910, which has increased by 8.5% over the past 5 years. Ash Grove, MO is a popular place for families, as children make up 26.1% of the population. The area has a moderately educated workforce, with 29.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,910 | 8.5% |
% Under 18 | 26.1% | 4.4% |
% Seniors | 17.7% | -13.7% |
% WFH | 11.3% | 2.7% |
% w/ College Degree | 29.7% | 67.8% |
As of the latest ACS Survey released in 2023, Ash Grove, MO is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Ash Grove, MO is hispanic, making up 5.2% of the population. Foreign-born residents account for 0.2% of the population in Ash Grove, MO, and this percentage has decreased by 90.5% 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 | 90.8% | -4.8% |
% Black | 0.1% | -80.0% |
% Hispanic | 5.2% | 246.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.2% | -90.5% |
Mortgage and Risk — Ash Grove, MO
According to HUD data as of 2023, there were 92 mortgage originations in Ash Grove, MO, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Ash Grove, MO. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Ash Grove, MO
Ash Grove, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $660 |
| 2 Bedroom | N/A | N/A | $830 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Ash Grove, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $252,000 |
| Median Household Income | $65,600 |