Cooper County, Missouri Housing Market Prices
Cooper 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 21% below the Missouri median$115,104
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Median rent 24% below the Missouri median$781
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Cooper County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $115,104 | $145,462 | $248,835 |
| Price Trend (Annual %) | -1.5% | 5.2% | 7.5% |
| Median Gross Rent | $781 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.3% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cooper County is about 21% lower than in Missouri. Rent is about 24% lower than the Missouri average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Cooper County: home prices fell about 1.5% a year while rent rose about 2.3% a year. That is an unusual pattern worth watching.
Median rent in Cooper County rose about 22.4% between 2015 and 2024, from $638 to $781. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Cooper County.
Buying the median-priced home in Cooper County costs roughly 12.3 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 Cooper County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Cooper County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $115,104 | $145,462 | $248,835 |
| Median Household Income | $70,419 | $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 Cooper County fell about 28.5%, while median household income rose about 54.2% between 2009 and 2025 — 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 | Cooper County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 64.8% | 60.5% | 58.5% |
| Rental Rate | 20.8% | 28.3% | 31.2% |
| Vacancy Rate | 14.4% | 11.2% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Cooper County has a homeownership rate of 64.8%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 14.4%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Cooper County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.49 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1976 | 1978 | 1978 |
| Median Number of Rooms | 6.0 | 5.7 | 5.5 |
The typical housing unit in Cooper County was built around 1976. On average, 2.5 people live in a home with about 6.0 rooms, staying for about 16.0 years on average.
Cooper County, MO Housing Compared With Nearby Counties
How Cooper County, MO compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cooper County, MO | 16,823 | $115,104 #2/2 | $781 #2/2 | 75.7% #1/2 |
| Pettis County, MO | 43,397 | $144,791 | $884 | 71.9% |
Frequently Asked Questions
Common questions about the housing market in Cooper County, Missouri.
What is the median home price in Cooper County, Missouri?
The median home price in Cooper County, Missouri is $115,104, lower than the Missouri average of $145,462.
What is the average home price in Cooper County, Missouri?
The typical home price in Cooper County, Missouri, reported as the median sale price, is $115,104. 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 Cooper County, Missouri?
The median gross rent in Cooper County, Missouri is $781 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Cooper County in 2020?
In 2020, the median gross rent in Cooper County, Missouri was $641 per month.
What is the price-to-rent ratio in Cooper County, Missouri?
The price-to-rent ratio in Cooper County, Missouri is about 12.3, meaning it would take roughly 12.3 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 Cooper County.
Are home prices or rent rising faster in Cooper County, Missouri?
Home prices and rent are moving in opposite directions in Cooper County: home prices fell about 1.5% a year while rent rose about 2.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Cooper County, Missouri?
64.8% of households in Cooper County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Cooper County, Missouri?
The housing vacancy rate in Cooper County, Missouri is 14.4%, higher than the Missouri average of 11.2%.
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