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Joplin Housing Information

IndexJoplinMissouriNational
Median home price$115,600$141,200$184,700
Median rent asked$716$759$949
Avg. people per household2.32.42.6
Owner occupied households57.2%66.8%63.6%
Renter occupied households42.8%33.2%36.4%
Above is a snapshot look at the real estate market in Joplin, MO. In Joplin, MO, the median house price is $115,600, making the price 18% lower than that the average for Missouri. Therefore, the affordability of Joplin, MO area real estate is more affordable than the real estate in other areas of Missouri. In addition, Joplin, MO has a median rent price of $716; this price is 6% lower than that the average rental price for Missouri. 57.2% of residents in Joplin, MO are homeowners, and the average amount of people who reside in each home is 2.3. Joplin, MO has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Joplin, MO real estate for sale.

Joplin Home Affordability

When looking for real estate in Joplin, MO, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Joplin, MO, the median price of a home is $115,600 and $39,370 is the median household income. This means that the home price to income ratio is 2.9x, a ratio that is 3% higher than the average in Missouri. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Joplin, MO will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Joplin, MO.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Dennis Acres, MO18$0100%
Lowell, KS331$0100%
Peoria, OK106$55,70070%
Galena, KS2,953$55,90070%
Baxter Springs, KS4,056$62,90066%
Joplin, MO51,231$115,60037%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Wesley Chapel, FL51,229$181,1002%
Lenexa, KS51,206$232,40026%
Glendora, CA51,285$481,800161%
Irondequoit, NY51,135$118,00036%
Catalina Foothills, AZ51,329$400,200117%
Joplin, MO51,231$115,60037%

Source: The Joplin, MO housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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