Real Estate Investing in Concord, Missouri (63128)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 63128 (Concord, MO)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Concord, MO (63128)?
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Market Analysis: 63128 Concord
The 63128 ZIP in Concord, MO is a local-operator market. Outside capital chasing a $379K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $379K asset, 63128 is the wrong submarket. If the plan prices in friction, the yield can still work.
Statewide comparisons place 63128 among MO's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A substantial renter share of 22% in 63128 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
The 63128 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Concord:
Property Strategy for 63128
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $104,747 | $1,000 | 6.9% | +4.9% | $104,747 |
| 2BR | $237,122 | $1,220 | 3.7% | +6.2% | $118,561 |
| 3BR | $339,640 | $1,570 | 3.3% | +6.0% | $113,213 |
| 4BR | $451,209 | $1,810 | 2.9% | +6.1% | $112,802 |
| 5BR | $571,551 | — | — | +6.2% | $114,310 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 63128 Compare?
| Metric | 63128 | Concord | St. Louis, MO-IL | Missouri |
|---|---|---|---|---|
| Home Value | $378,695 | $378,695 | N/A | $254,657 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.0% |
| Avg Rent | $1,362 | $1,362 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 63128 (Concord, MO). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $378,695 |
| Monthly Rent | $1,362 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 Rent Trends
| 1-Year | -4.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 63128
Population: 30,106
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 63128
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the typical rental rate in Concord, MO?
The typical rental in Concord, MO commands about $1,362/mo monthly. That rent profile steady cash flow against the $379K purchase basis.
How high is vacancy risk in Concord, MO?
Vacancy risk in Concord, MO is elevated. That supports reliable cash flow for typical rental holds.
Should investors consider Concord, MO?
The 3.0/5 investability rating in Concord, MO reflects its $379K prices and $1,362/mo rents. Investors generally consider it a solid option within MO.
How landlord-friendly is Concord, MO?
The landlord environment in Concord, MO is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
How much does a house cost in Concord, MO?
Homes in Concord, MO typically sell near $379K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
You know 63128 now. You don’t know where it ranks.
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How 63128 ranks in St. Louis, MO-IL
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