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 | Gentry County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,870 | $136,017 | $242,182 |
| Price Trend (Annual %) | 80.7% | 5.0% | 8.2% |
| Median Gross Rent | $620 | $995 | $1,342 |
| Rent Trend (Annual %) | 1.2% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Gentry County is about 2% lower than in Missouri. Rent is about 38% 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 Gentry County, up about 80.7% and 1.2% a year respectively. Home prices are changing faster.
Median rent in Gentry County rose about 16.8% between 2015 and 2023, from $531 to $620. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Gentry County.
Buying the median-priced home in Gentry County costs roughly 17.9 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 Gentry County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | Gentry County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $132,870 | $136,017 | $242,182 |
| Median Household Income | $57,142 | $69,051 | $78,145 |
| Price-to-Income Ratio | 2.3 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Gentry County rose about 1100.1%, while median household income rose about 59.7% between 2009 and 2023 — 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 | Gentry County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.4% | 60.1% | 58.2% |
| Rental Rate | 20.7% | 28.4% | 31.3% |
| Vacancy Rate | 18.0% | 11.6% | 10.6% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Gentry County has a homeownership rate of 61.4%, higher than the Missouri average of 60.1%. Its housing vacancy rate is 18.0%, compared with 11.6% in Missouri.
Housing Stock
| Metric | Gentry County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1972 | 1977 | 1978 |
| Median Number of Rooms | 5.8 | 5.7 | 5.5 |
The typical housing unit in Gentry County was built around 1972. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 16.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Gentry County, Missouri.
What is the median home price in Gentry County, Missouri?
The median home price in Gentry County, Missouri is $132,870, lower than the Missouri average of $136,017.
What is the average home price in Gentry 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 Gentry County, Missouri?
The median gross rent in Gentry County, Missouri is $620 per month, lower than the Missouri average of $995.
What was the median gross rent in Gentry County in 2020?
In 2020, the median gross rent in Gentry County, Missouri was $580 per month.
What is the price-to-rent ratio in Gentry County, Missouri?
The price-to-rent ratio in Gentry County, Missouri is about 17.9, meaning it would take roughly 17.9 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 Gentry County.
Are home prices or rent rising faster in Gentry County, Missouri?
Both home prices and rent are rising in Gentry County, up about 80.7% and 1.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Gentry County, Missouri?
61.4% of households in Gentry County, Missouri own their home, higher than the Missouri average of 60.1%.
What is the vacancy rate in Gentry County, Missouri?
The housing vacancy rate in Gentry County, Missouri is 18.0%, higher than the Missouri average of 11.6%.