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Featured local agent — Lathrop, MO
Sarah Mitchell
Compass Real Estate · Lathrop, MO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lathrop, MO Housing Market & Real Estate
Housing market overview · Updated monthly ·
$238,000median sale price
How is the Lathrop, MO housing market right now?
The median home sale price in Lathrop, MO is $238,000, down 4.8% year-over-year. Homes sell in an average of 1 days. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lathrop a buyer's or seller's market?
Lathrop, MO is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 1 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
1
Fast-moving
Active listings
—
1.7 months supply
Sale-to-list
—
Below asking
What does the Lathrop housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $238,000 |
| Median list price | $290,000 |
| Year-over-year price change | -4.8% |
| Average days on market | 1 days |
| Months of supply | 1.7 months |
| Median price per sq ft | $236/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 60.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lathrop by property type?
How the Lathrop, MO market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $238,000 | $236/sq ft | 3 | 1 days |
| Townhouse | $170,000 | $125/sq ft | 1 | 54 days |
Source: Redfin · Updated monthly
The Lathrop housing market is currently classified as a strong seller's market with a median sale price of $238,000. Prices have fallen 4.8% compared to last year, with homes spending an average of 1 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Lathrop
Explore homes currently listed for sale in Lathrop, Missouri across major real estate platforms.
Who lives in Lathrop?
Population
2,646
Median income
$76,468/yr
Median age
36.7 years
Owner-occupied
65.6%
College grads
17.1%
Avg commute
28.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Lathrop?
Zillow home value
$298,895
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Lathrop?
Lathrop is a community of approximately 3K residents with a median age of 36.7 years.The median household income is $76,468, which reflects a relatively affluent area with strong earning potential. 17.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lathrop offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lathrop?
3 schools tracked · 921 students
The largest public schools serving Lathrop, MO by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lathrop Elementary School
Grades PK-5 · 424 students
Lathrop High School
Grades 9-12 · 291 students
Lathrop Middle School
Grades 6-8 · 206 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lathrop, MO?
Want a head-to-head view? Compare Lathrop side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lathrop?
The median home sale price in Lathrop is $238,000, down 4.8% from last year.
How long do homes stay on market in Lathrop?
Homes typically spend 1 days on market before going under contract.
What is the median income in Lathrop?
The median household income is $76,468 per year.
Is Lathrop a buyer's or seller's market?
With 1.7 months of supply, Lathrop is currently a strong seller's market.
What is the Zillow home value estimate for Lathrop?
The Zillow Home Value Index (ZHVI) for Lathrop is $298,895, representing the typical home value in the area.
How much does a single-family home cost in Lathrop?
The median single-family home price in Lathrop, MO is $238,000 (about $236 per square foot).
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