West Plains, MO—65775
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Plains, MO
As of Nov '25, the median home price in West Plains, MO is $219,000, with a year-over-year change of 4.1%. This indicates that home prices in West Plains, MO are increasing. According to Zillow, the 1-year price projection is 5.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $219,000 | 4.1% |
| Single Family | $219,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $127,000 | 3.3% |
3 Bed | $213,000 | 3.9% |
4 Bed | $290,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Plains, MO
As of July '25, Rentcast reports the average rent in West Plains, MO is $617, with a year-over-year rent change of 21.2%. Per bedroom, the median rent as of July '25 in West Plains, MO is 1-bedrooms: $512, 2-bedrooms: $686, 3-bedrooms: $700. The most common rental property sizes in West Plains, MO are 2-bedroom and 3-bedroom, accounting for 41.9% and 35.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $545 | $617 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $520 | $512 |
| 2 Bed Rent | $565 | $686 |
| 3 Bed Rent | $700 | $700 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — West Plains, MO
As of Nov '25, Realtor.com reports that the median days on market for a home in West Plains, MO is 93. This is a decrease of -9.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | -2.0% |
Listing Count | 182 | 5.0% |
| Listings as % of Homes | 1.0% | 5.0% |
Days on Market | 93 | -9.0% |
Demographics — West Plains, MO
As of the latest ACS Survey released in 2023, West Plains, MO has a population of 25,000, which has remained stable by -0.5% over the past 5 years. West Plains, MO is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 18.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,000 | -0.5% |
% Under 18 | 24.1% | 3.9% |
% Seniors | 19.0% | 1.1% |
% WFH | 3.5% | 2.9% |
% w/ College Degree | 18.7% | -0.5% |
As of the latest ACS Survey released in 2023, West Plains, MO is a predominantly white area, with 94.2% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in West Plains, MO is hispanic, making up 1.7% of the population. Foreign-born residents account for 1.2% of the population in West Plains, MO, and this percentage has increased by 33.3% 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 | 94.2% | 0.3% |
% Black | 0.4% | -42.9% |
% Hispanic | 1.7% | -10.5% |
% Asian | 0.4% | -20.0% |
% Foreign Born | 1.2% | 33.3% |
Mortgage and Risk — West Plains, MO
According to HUD data as of 2023, there were 277 mortgage originations in West Plains, MO, of which 61.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in West Plains, MO. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 277 |
% Conventional Loans | 61.0% |
% Government Loans | 39.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Rentals and Section 8 — West Plains, MO
West Plains, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 578 |
Total Units Section 8 | 308 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 74.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $520 | $670 |
| 2 Bedroom | $305 | $565 | $870 |
| 3 Bedroom | $520 | $700 | $1,220 |
| 4 Bedroom | N/A | N/A | $1,460 |
Affordability — West Plains, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $219,000 |
| Median Household Income | $48,900 |