Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Camden County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $235,000 | $136,017 | $242,182 |
| Price Trend (Annual %) | 2.5% | 5.0% | 8.2% |
| Median Gross Rent | $838 | $995 | $1,342 |
| Rent Trend (Annual %) | 2.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Camden County is about 73% higher than in Missouri. Rent is about 16% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Camden County, up about 2.5% and 2.8% a year respectively. Rent is changing faster.
Median rent in Camden County rose about 26.1% between 2015 and 2023, from $664 to $838. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Camden County.
Buying the median-priced home in Camden County costs roughly 23.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Camden County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | Camden County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $235,000 | $136,017 | $242,182 |
| Median Household Income | $64,107 | $69,051 | $78,145 |
| Price-to-Income Ratio | 3.7 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Camden County rose about 6.7%, while median household income rose about 48.6% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Camden County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 35.8% | 60.1% | 58.2% |
| Rental Rate | 7.3% | 28.4% | 31.3% |
| Vacancy Rate | 56.9% | 11.6% | 10.6% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Camden County has a homeownership rate of 35.8%, lower than the Missouri average of 60.1%. Its housing vacancy rate is 56.9%, compared with 11.6% in Missouri.
Housing Stock
| Metric | Camden County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1988 | 1977 | 1978 |
| Median Number of Rooms | 5.2 | 5.7 | 5.5 |
The typical housing unit in Camden County was built around 1988. On average, 2.5 people live in a home with about 5.2 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Camden County, Missouri.
What is the median home price in Camden County, Missouri?
The median home price in Camden County, Missouri is $235,000, higher than the Missouri average of $136,017.
What is the average home price in Camden County, Missouri?
The typical home price in %s, reported as the median sale price, is %s. 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 Camden County, Missouri?
The median gross rent in Camden County, Missouri is $838 per month, lower than the Missouri average of $995.
What was the median gross rent in Camden County in 2020?
In 2020, the median gross rent in Camden County, Missouri was $714 per month.
What is the price-to-rent ratio in Camden County, Missouri?
The price-to-rent ratio in Camden County, Missouri is about 23.4, meaning it would take roughly 23.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Camden County.
Are home prices or rent rising faster in Camden County, Missouri?
Both home prices and rent are rising in Camden County, up about 2.5% and 2.8% a year respectively. Rent is changing faster.
What is the homeownership rate in Camden County, Missouri?
35.8% of households in Camden County, Missouri own their home, lower than the Missouri average of 60.1%.
What is the vacancy rate in Camden County, Missouri?
The housing vacancy rate in Camden County, Missouri is 56.9%, higher than the Missouri average of 11.6%.