Blue Springs, Missouri Housing Market Prices
Blue Springs 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 54% above the Missouri median$224,353
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Median rent 21% above the Missouri median$1,247
Housing Market Overview
| Metric | Blue Springs | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,353 | $145,462 | $248,835 |
| Price Trend (Annual %) | 10.3% | 5.2% | 7.5% |
| Median Gross Rent | $1,247 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Blue Springs is about 54% higher than in Missouri. Rent is about 21% higher 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 Blue Springs, up about 10.3% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Blue Springs rose about 44.3% between 2015 and 2024, from $864 to $1,247. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 2.6 yearly household incomes in Blue Springs.
Buying the median-priced home in Blue Springs costs roughly 15.0 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 Blue Springs. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Blue Springs | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,353 | $145,462 | $248,835 |
| Median Household Income | $86,829 | $70,801 | $80,455 |
| Price-to-Income Ratio | 2.6 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Blue Springs rose about 112.3%, while median household income rose about 23.7% 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 | Blue Springs | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.7% | 60.5% | 58.5% |
| Rental Rate | 30.1% | 28.3% | 31.2% |
| Vacancy Rate | 3.2% | 11.2% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Blue Springs has a homeownership rate of 66.7%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 3.2%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Blue Springs | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1986 | 1978 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Blue Springs was built around 1986. On average, 2.6 people live in a home with about 6.0 rooms, staying for about 13.0 years on average.
Blue Springs, MO Housing Compared With Nearby Cities
How Blue Springs, MO compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Blue Springs, MO | 48,094 | $224,353 #1/2 | $1,247 #1/2 | 68.9% #1/2 |
| Independence, MO | 120,545 | $134,139 | $1,112 | 60.8% |
Frequently Asked Questions
Common questions about the housing market in Blue Springs, Missouri.
What is the median home price in Blue Springs, Missouri?
The median home price in Blue Springs, Missouri is $224,353, higher than the Missouri average of $145,462.
What is the average home price in Blue Springs, Missouri?
The typical home price in Blue Springs, Missouri, reported as the median sale price, is $224,353. 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 Blue Springs, Missouri?
The median gross rent in Blue Springs, Missouri is $1,247 per month, higher than the Missouri average of $1,033.
What was the median gross rent in Blue Springs in 2020?
In 2020, the median gross rent in Blue Springs, Missouri was $996 per month.
What is the price-to-rent ratio in Blue Springs, Missouri?
The price-to-rent ratio in Blue Springs, Missouri is about 15.0, meaning it would take roughly 15.0 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 Blue Springs.
Are home prices or rent rising faster in Blue Springs, Missouri?
Both home prices and rent are rising in Blue Springs, up about 10.3% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Blue Springs, Missouri?
66.7% of households in Blue Springs, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Blue Springs, Missouri?
The housing vacancy rate in Blue Springs, Missouri is 3.2%, lower than the Missouri average of 11.2%.
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