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Ravenwood

Learn about the people, housing, costs and businesses in Ravenwood, Missouri

Median Home$207,300
Median Rent$645/month
Population443
Leading IndustriesPublic Administration · Retail · Construction30% public administration
Home Value Growth⬆⬆⬆+37.3% over 2 years
Young Adults27% of residentsnear the national average
Homeowners78% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Ravenwood
MO

Frequently Asked Questions

What are today's mortgage rates in Ravenwood?

As of today, the 30-year fixed mortgage rate for Ravenwood is approximately 7.058% (7.099% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ravenwood?

The median home value in Ravenwood is $207k. The median monthly rent is $645. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ravenwood?

Home values in Ravenwood have increased 37.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ravenwood?

Based on a typical all-in ownership cost of $766/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ravenwood is $72k/year.

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What industries drive the economy in Ravenwood?

The largest employment sectors in Ravenwood are public administration (30%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.