Joplin housing market
Typical home value
$227K
▲ 2.6% 1 yr
Typical rent
$1,242/mo
▲ 3.8% 1 yr
12-month forecast
+2.8%
#162 of 546 metros
Gross rent yield
6.6%
#174 of 546 · U.S. 6.3%
Days to pending
45 days
▼ −3 days 1 yr
Listings with a price cut
26%
▼ −1.1 pts 1 yr
Key takeaways
- 1The typical home is worth $226,654, up 2.6% in a year and up 33% over five years.
- 2Zillow forecasts home values rising 2.8% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,242/mo (+3.8% YoY), a 6.6% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,246/mo in principal and interest, $4 more than renting.
- 5Homes go under contract in 45 days (−3 days vs last year); 26% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 39/100, #300 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Joplin compares
| Measure | Joplin | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +2.6% | +1.2% | #244 |
| Home value, 5-yr change | +32.7% | +19.7% | |
| 12-month forecast | +2.8% | +1.1% | #162 |
| Rent, 1-yr change | +3.8% | +2.7% | #225 |
| Gross rent yield | 6.6% | 6.3% | #174 |
| Price-to-rent ratio | 15.2 | 15.8 | |
| Mortgage P&I on typical home | $1,246 | $2,012 | |
| Income needed to buy | $62,401 | $100,902 | |
| Days to pending | 45 | 56 |
Cities in the Joplin metro
1 cities with home value and rent data.
| Joplin | $206K | ▲ 2.0% | $1,173 | ▲ 3.7% | 6.8% |
Run the numbers
Rental property calculator
Cash flow on a typical Joplin rental ($227K, $1,242/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Joplin home.
Rent vs buy
Is it cheaper to rent or buy in Joplin?
Other Missouri metros
St. Louis, MO
$273K home$1,427 rent6.3% yield
▲ 3.3% 1 yr
Kansas City, MO
$325K home$1,534 rent5.7% yield
▲ 3.7% 1 yr
Springfield, MO
$271K home$1,251 rent5.5% yield
▲ 3.2% 1 yr
Columbia, MO
$319K home$1,457 rent5.5% yield
▲ 2.7% 1 yr
Jefferson City, MO
$275K home$1,010 rent4.4% yield
▲ 7.1% 1 yr
St. Joseph, MO
$212K home$1,004 rent5.7% yield
▲ 4.9% 1 yr
Cape Girardeau, MO
$226K home$1,013 rent5.4% yield
▲ 4.3% 1 yr
Branson, MO
$246K home$1,344 rent6.6% yield
▼ 0.6% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.