Adair County, Missouri Housing Market Prices
Adair County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 33% below the Missouri median$97,387
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Median rent 25% below the Missouri median$772
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Adair County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $97,387 | $145,462 | $248,835 |
| Price Trend (Annual %) | 24.4% | 5.2% | 7.5% |
| Median Gross Rent | $772 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Adair County is about 33% lower than in Missouri. Rent is about 25% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Adair County, up about 24.4% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Adair County rose about 30.3% between 2015 and 2024, from $593 to $772. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Adair County.
Buying the median-priced home in Adair County costs roughly 10.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adair County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Adair County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $97,387 | $145,462 | $248,835 |
| Median Household Income | $61,312 | $70,801 | $80,455 |
| Price-to-Income Ratio | 1.6 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Adair County rose about 112.5%, while median household income rose about 82.0% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Adair County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 48.9% | 60.5% | 58.5% |
| Rental Rate | 31.2% | 28.3% | 31.2% |
| Vacancy Rate | 19.9% | 11.2% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Adair County has a homeownership rate of 48.9%, lower than the Missouri average of 60.5%. Its housing vacancy rate is 19.9%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Adair County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.56 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1973 | 1978 | 1978 |
| Median Number of Rooms | 5.5 | 5.7 | 5.5 |
The typical housing unit in Adair County was built around 1973. On average, 2.6 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Adair County, Missouri.
What is the median home price in Adair County, Missouri?
The median home price in Adair County, Missouri is $97,387, lower than the Missouri average of $145,462.
What is the average home price in Adair County, Missouri?
The typical home price in Adair County, Missouri, reported as the median sale price, is $97,387. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Adair County, Missouri?
The median gross rent in Adair County, Missouri is $772 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Adair County in 2020?
In 2020, the median gross rent in Adair County, Missouri was $637 per month.
What is the price-to-rent ratio in Adair County, Missouri?
The price-to-rent ratio in Adair County, Missouri is about 10.5, meaning it would take roughly 10.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Adair County.
Are home prices or rent rising faster in Adair County, Missouri?
Both home prices and rent are rising in Adair County, up about 24.4% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Adair County, Missouri?
48.9% of households in Adair County, Missouri own their home, lower than the Missouri average of 60.5%.
What is the vacancy rate in Adair County, Missouri?
The housing vacancy rate in Adair County, Missouri is 19.9%, higher than the Missouri average of 11.2%.
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