Housing in Missouri

Home prices, rents, supply and how affordable it is to live here.

FHFA House Price Index
552.5
2025 · FHFA all-transactions index
Median value of owner-occupied homes
$254,400
2024 · Census American Community Survey 1-year estimates
Rent of primary residence index (St. Louis)
321.1
2025 · BLS CPI-U
Total housing units
2,858,527
2024 · Census American Community Survey 1-year estimates
New private housing units authorized
16,983
2025 · Census Building Permits Survey
Homeownership rate (CPS/HVS)
68.3%
2025 · Census Housing Vacancy Survey
Housing price level vs U.S. (RPP rents)
69.9
2024 · BEA Regional Price Parities
Rental vacancy rate
9.4%
2025 · Census Housing Vacancy Survey

Historical data

Pick an indicator to see its long-run evolution.

Median home value

1990–2024
$239,000▲ 300%

Census / Zillow ZHVI, nominal dollars.

Home Prices

Sale prices and trends.

FHFA House Price Index
552.5
2025 · FHFA all-transactions index
Median sale price
$255,000
Change YoY
+4.2%

FHFA House Price Index

1975–2025
552.5▲ 720%

FHFA all-transactions index, annual average of quarters. Source: FHFA via FRED (MOSTHPI).

Median Home Value

Typical value of owner-occupied homes.

Median value of owner-occupied homes
$254,400
2024 · Census American Community Survey 1-year estimates
Median home value
$239,000
Rank
38th in the U.S.
Change YoY
+4.6%

Median value of owner-occupied homes

2008–2024
$254,400▲ 80%

Census American Community Survey 1-year estimates, B25077 (2020 not released).

IndicatorMissouriU.S.
Median home value (USD)239000340000
  • •Missouri is one of the ten most affordable housing markets in the country: the median home is worth about 30% less than the U.S. median.

Rent Prices

Cost of renting.

Rent of primary residence index (St. Louis)
321.1
2025 · BLS CPI-U
Median gross rent
$1,020
Rank
Among the 10 cheapest
Renter households
31.4%

Rent of primary residence index (St. Louis)

2018–2025
321.1▲ 35%

BLS CPI-U, St. Louis, annual average (CUURS24BSEHA).

IndicatorMissouriU.S.
Median monthly rent (USD)10201406

Housing Inventory

Total housing stock.

Total housing units
2,858,527
2024 · Census American Community Survey 1-year estimates
Vacant housing units
10.3%
2024 · Census American Community Survey 1-year estimates
Single-family share
71%
Built before 1980
56%

Total housing units

2008–2024
2,858,527▲ 7%

Census American Community Survey 1-year estimates, B25001 (2020 not released).

Vacant housing units

2008–2024
10.3%

Census American Community Survey 1-year estimates, B25002 (2020 not released).

Building Permits

New residential construction.

New private housing units authorized
16,983
2025 · Census Building Permits Survey
Single-family share
76%
Most active county
St. Charles

New private housing units authorized

1988–2025
16,983▼ 34%

Census Building Permits Survey, sum of 12 months (FRED MOBPPRIV).

IndicatorMissouriU.S.
Permits per 1,000 residents3.44.4

Homeownership Rate

Share of owner-occupied homes.

Homeownership rate (CPS/HVS)
68.3%
2025 · Census Housing Vacancy Survey
Homeownership rate
68.6%
Rank
Above the U.S. average
Renters
31.4%

Homeownership rate (CPS/HVS)

1984–2025
68.3%

Census Housing Vacancy Survey, annual (FRED MOHOWN).

IndicatorMissouriU.S.
Homeownership rate (%)68.665.7

Housing Affordability

Home cost relative to income.

Housing price level vs U.S. (RPP rents)
69.9
2024 · BEA Regional Price Parities
Value-to-income ratio
3.5
Rank
Among the most affordable
Cost-burdened renters
45%

Housing price level vs U.S. (RPP rents)

2008–2024
69.9▼ 5%

BEA Regional Price Parities, housing services (SARPP line 3).

IndicatorMissouriU.S.
Housing price level vs U.S. (RPP rents)2024, BEA Regional Price Parities69.9100
Value-to-income ratio3.54.3

Vacancy Rate

Share of unoccupied units.

Rental vacancy rate
9.4%
2025 · Census Housing Vacancy Survey
Homeowner vacancy rate
1.3%
2025 · Census Housing Vacancy Survey
Overall vacancy
10.8%
Rental vacancy
8.0%
Homeowner vacancy
1.1%

Rental vacancy rate

1986–2025
9.4%

Census Housing Vacancy Survey, annual (FRED MORVAC).

Homeowner vacancy rate

1986–2025
1.3%

Census Housing Vacancy Survey, annual (FRED MOHVAC).

IndicatorMissouriU.S.
Rental vacancy rate (%)86.6

More figures

Median home value
$239,000
Well below the U.S. average
Median monthly rent
$1,020
2023
Homeownership rate
68.6%
Total housing units
2.83 M
Vacancy rate
10.8%
Building permits
≈ 21,000
2023
Effective property tax
0.88%
Homes built pre-1980
56%