Buchanan County, Missouri Housing Market Prices
Buchanan 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 20% above the Missouri median$175,212
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Median rent 13% below the Missouri median More expensive than 82% of counties in Missouri$902
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Buchanan County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $175,212 | $145,462 | $248,835 |
| Price Trend (Annual %) | 20.5% | 5.2% | 7.5% |
| Median Gross Rent | $902 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Buchanan County is about 20% higher than in Missouri. Rent is about 13% 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 Buchanan County, up about 20.5% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Buchanan County rose about 28.2% between 2015 and 2024, from $704 to $902. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Buchanan County.
Buying the median-priced home in Buchanan County costs roughly 16.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Buchanan County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Buchanan County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $175,212 | $145,462 | $248,835 |
| Median Household Income | $61,673 | $70,801 | $80,455 |
| Price-to-Income Ratio | 2.8 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Buchanan County rose about 147.1%, while median household income rose about 43.8% 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 | Buchanan County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.7% | 60.5% | 58.5% |
| Rental Rate | 29.3% | 28.3% | 31.2% |
| Vacancy Rate | 13.1% | 11.2% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Buchanan County has a homeownership rate of 57.7%, lower than the Missouri average of 60.5%. Its housing vacancy rate is 13.1%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Buchanan County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1965 | 1978 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Buchanan County was built around 1965. On average, 2.4 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Buchanan County, MO Housing Compared With Nearby Counties
How Buchanan County, MO compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Buchanan County, MO | 83,567 | $175,212 #1/3 | $902 #3/3 | 66.3% #3/3 |
| Platte County, MO | 110,371 | $67,499 | $1,334 | 67.4% |
| Clinton County, MO | 21,414 | $61,709 | $1,008 | 75.7% |
Frequently Asked Questions
Common questions about the housing market in Buchanan County, Missouri.
What is the median home price in Buchanan County, Missouri?
The median home price in Buchanan County, Missouri is $175,212, higher than the Missouri average of $145,462.
What is the average home price in Buchanan County, Missouri?
The typical home price in Buchanan County, Missouri, reported as the median sale price, is $175,212. 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 Buchanan County, Missouri?
The median gross rent in Buchanan County, Missouri is $902 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Buchanan County in 2020?
In 2020, the median gross rent in Buchanan County, Missouri was $783 per month.
What is the price-to-rent ratio in Buchanan County, Missouri?
The price-to-rent ratio in Buchanan County, Missouri is about 16.2, meaning it would take roughly 16.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Buchanan County.
Are home prices or rent rising faster in Buchanan County, Missouri?
Both home prices and rent are rising in Buchanan County, up about 20.5% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Buchanan County, Missouri?
57.7% of households in Buchanan County, Missouri own their home, lower than the Missouri average of 60.5%.
What is the vacancy rate in Buchanan County, Missouri?
The housing vacancy rate in Buchanan County, Missouri is 13.1%, higher than the Missouri average of 11.2%.
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