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Why Live in Lathrop
Lathrop, MO, a small rural town with a rich history as the "Mule Capital of the World," spans about one square mile and retains a rustic charm. Positioned for growth due to its proximity to Kansas City, Lathrop features a good school system and solid infrastructure. The town's parks, including the recently renovated John W. Burns Memorial Park with an all-inclusive splash pad and playground, enhance its family-friendly appeal. Housing options range from early 1900s homes to newer constructions from the 1960s to early 2000s, with prices varying based on size and renovation status. The local school district operates on a four-day week and is noted for its strong sports programs. Lathrop's small town center includes essential businesses like Gentry's coffee shop and the Oak Street Market, which offers farm-fresh produce twice a month in the summer. The annual Friendship Festival, featuring live music, contests, and a parade, is a highlight for residents. For those commuting, Interstate 34 provides direct access to Liberty, Kansas City, and the Kansas City International Airport, with the nearest hospital located 17 miles north in Cameron.
Home Prices in Lathrop, MO
The median home sale price in Lathrop, MO is $240,000, consistent with the median home sale price year-over-year. Homes in Lathrop sell in 32 days on average, compared to the national average of 57 days.
Home Price Trends
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Median Sale Price
$240,000
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Median Single Family Sale Price
$237,500
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Median 2 Bedroom Sale Price
$181,000
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Median 1 Bedroom Sale Price
$116,500
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Average Price Per Sq Ft
$182
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Number of Homes for Sale
1
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Last 12 months Home Sales
34
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Months of Supply
0.40
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Median List Price
$250,000
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Median Change From 1st List Price
1%
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Median Home Sale Price YoY Change
0%
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