Cedar County, Missouri Housing Market Prices
Cedar 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 55% above the Missouri median More expensive than 83% of counties in Missouri$225,000
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Median rent 26% below the Missouri median$767
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cedar County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $145,462 | $248,835 |
| Price Trend (Annual %) | 57.6% | 5.2% | 7.5% |
| Median Gross Rent | $767 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.2% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cedar County is about 55% higher than in Missouri. Rent is about 26% 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 Cedar County, up about 57.6% and 3.2% a year respectively. Home prices are changing faster.
Median rent in Cedar County rose about 29.9% between 2015 and 2024, from $590 to $767. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 4.6 yearly household incomes in Cedar County.
Buying the median-priced home in Cedar County costs roughly 24.5 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 Cedar County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Cedar County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $225,000 | $145,462 | $248,835 |
| Median Household Income | $48,492 | $70,801 | $80,455 |
| Price-to-Income Ratio | 4.6 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cedar County rose about 41.2%, while median household income rose about 35.9% 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 | Cedar County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.6% | 60.5% | 58.5% |
| Rental Rate | 21.5% | 28.3% | 31.2% |
| Vacancy Rate | 16.9% | 11.2% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Cedar County has a homeownership rate of 61.6%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 16.9%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Cedar County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.47 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1981 | 1978 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Cedar County was built around 1981. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Cedar County, Missouri.
What is the median home price in Cedar County, Missouri?
The median home price in Cedar County, Missouri is $225,000, higher than the Missouri average of $145,462.
What is the average home price in Cedar County, Missouri?
The typical home price in Cedar County, Missouri, reported as the median sale price, is $225,000. 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 Cedar County, Missouri?
The median gross rent in Cedar County, Missouri is $767 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Cedar County in 2020?
In 2020, the median gross rent in Cedar County, Missouri was $624 per month.
What is the price-to-rent ratio in Cedar County, Missouri?
The price-to-rent ratio in Cedar County, Missouri is about 24.5, meaning it would take roughly 24.5 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 Cedar County.
Are home prices or rent rising faster in Cedar County, Missouri?
Both home prices and rent are rising in Cedar County, up about 57.6% and 3.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cedar County, Missouri?
61.6% of households in Cedar County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Cedar County, Missouri?
The housing vacancy rate in Cedar County, Missouri is 16.9%, higher than the Missouri average of 11.2%.
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