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Joplin, MO-KS housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$226,654+2.6% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$49,134About 0.8× the local median income ($62,874): affordable for a typical household
Days on market54 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.8%Zillow expects prices to rise slightly

The typical home in Joplin, MO-KS is worth $226,654, up 2.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $185,814, so the area is 22.0% overvalued. It is a balanced market, leaning toward buyers: homes take about 54 days to sell, listings are up 12% from a year ago, 18% of listings have had a price cut. Zillow expects prices to rise about 2.8% over the next year. A household needs about $49,134 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,874. Typical rent is $1,242 a month, or $1,402 for a house. In the latest IRS figures, 1,302 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$226,654
Change in 1 year+2.6%
Overvalued %+22.0%
Show 7 more
Fair home value$185,814
Change in 5 years+32.7%
Zillow forecast, next 12 months+2.8%
Home value to income3.6×
Monthly mortgage payment (20% down)$1,228
Income needed to afford it$49,134
Property tax rate0.73%

Rent and investing

Typical rent$1,242
Typical rent for houses$1,402
Price-to-rent ratio15.2×
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HUD Fair Market Rent, 2 bedrooms$1,135
Gross rental yield6.57%
Cap rate (estimate)4.27%

Market activity

Listings vs a year ago+12.2%
Days on market54
Listings with a price cut18.4%
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Homes for sale799
Pending sales per 100 listings36
Asking price per sq ft$140

People and jobs

Median household income$62,874
Population change (1 year)+0.7%
Unemployment rate4.3%
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Population208,796
Income adjusted for cost of living$73,365
Net moves in (IRS)+1,302
Cost of living (US = 100)85.7

Schools, risk and environment

School rating (1 to 10)5.6
FEMA hazard risk score (0 to 100)80.3
Unhealthy air days a year2
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Flood risk score80.7
Wildfire risk score68.7
Walkability (1 to 20)6.8
Road, rail and air noise52 dB

Questions people ask

Is Joplin, MO-KS overvalued?
Home prices in Joplin, MO-KS are well above what local incomes have historically supported: fair value is about $185,814, so the area is 22.0% overvalued.
Is Joplin, MO-KS a buyer's or seller's market?
Joplin, MO-KS is a balanced market, leaning toward buyers: homes take about 54 days to sell, listings are up 12% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Joplin, MO-KS?
Home values in Joplin, MO-KS are up 2.6% over the last year. Zillow's forecast for the next 12 months is +2.8%.
How much do you need to earn to buy a home in Joplin, MO-KS?
A household needs about $49,134 a year to afford the typical home in Joplin, MO-KS at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,874.

Counties in this metro

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