Gladstone, Missouri Housing Market Prices
Gladstone 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 49% above the Missouri median$216,353
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Median rent 11% above the Missouri median$1,151
Housing Market Overview
| Metric | Gladstone | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,353 | $145,462 | $248,835 |
| Price Trend (Annual %) | 7.1% | 5.2% | 7.5% |
| Median Gross Rent | $1,151 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Gladstone is about 49% higher than in Missouri. Rent is about 11% higher 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 Gladstone, up about 7.1% and 4.2% a year respectively. Home prices are changing faster.
Median rent in Gladstone rose about 43.5% between 2015 and 2024, from $802 to $1,151. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 2.7 yearly household incomes in Gladstone.
Buying the median-priced home in Gladstone costs roughly 15.7 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 Gladstone. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Gladstone | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $216,353 | $145,462 | $248,835 |
| Median Household Income | $80,971 | $70,801 | $80,455 |
| Price-to-Income Ratio | 2.7 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Gladstone rose about 83.0%, while median household income rose about 47.1% 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 | Gladstone | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.2% | 60.5% | 58.5% |
| Rental Rate | 28.7% | 28.3% | 31.2% |
| Vacancy Rate | 6.1% | 11.2% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Gladstone has a homeownership rate of 65.2%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 6.1%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Gladstone | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.30 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1975 | 1978 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Gladstone was built around 1975. On average, 2.3 people live in a home with about 5.7 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Gladstone, Missouri.
What is the median home price in Gladstone, Missouri?
The median home price in Gladstone, Missouri is $216,353, higher than the Missouri average of $145,462.
What is the average home price in Gladstone, Missouri?
The typical home price in Gladstone, Missouri, reported as the median sale price, is $216,353. 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 Gladstone, Missouri?
The median gross rent in Gladstone, Missouri is $1,151 per month, higher than the Missouri average of $1,033.
What was the median gross rent in Gladstone in 2020?
In 2020, the median gross rent in Gladstone, Missouri was $965 per month.
What is the price-to-rent ratio in Gladstone, Missouri?
The price-to-rent ratio in Gladstone, Missouri is about 15.7, meaning it would take roughly 15.7 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 Gladstone.
Are home prices or rent rising faster in Gladstone, Missouri?
Both home prices and rent are rising in Gladstone, up about 7.1% and 4.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Gladstone, Missouri?
65.2% of households in Gladstone, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Gladstone, Missouri?
The housing vacancy rate in Gladstone, Missouri is 6.1%, lower than the Missouri average of 11.2%.
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