Hazelwood, Missouri Housing Market Prices
Hazelwood 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 32% below the Missouri median$98,662
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Median rent 6% above the Missouri median$1,092
Housing Market Overview
| Metric | Hazelwood | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $98,662 | $145,462 | $248,835 |
| Price Trend (Annual %) | 4.4% | 5.2% | 7.5% |
| Median Gross Rent | $1,092 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hazelwood is about 32% lower than in Missouri. Rent is about 6% 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 Hazelwood, up about 4.4% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Hazelwood rose about 35.2% between 2015 and 2024, from $808 to $1,092. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 1.7 yearly household incomes in Hazelwood.
Buying the median-priced home in Hazelwood costs roughly 7.5 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 Hazelwood. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Hazelwood | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $98,662 | $145,462 | $248,835 |
| Median Household Income | $57,689 | $70,801 | $80,455 |
| Price-to-Income Ratio | 1.7 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hazelwood rose about 15.4%, while median household income rose about 17.9% 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 | Hazelwood | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.9% | 60.5% | 58.5% |
| Rental Rate | 36.6% | 28.3% | 31.2% |
| Vacancy Rate | 9.5% | 11.2% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Hazelwood has a homeownership rate of 53.9%, lower than the Missouri average of 60.5%. Its housing vacancy rate is 9.5%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Hazelwood | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1973 | 1978 | 1978 |
| Median Number of Rooms | 5.2 | 5.7 | 5.5 |
The typical housing unit in Hazelwood was built around 1973. On average, 2.3 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Hazelwood, MO Housing Compared With Nearby Cities
How Hazelwood, MO compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hazelwood, MO | 25,888 | $98,662 #2/2 | $1,092 #2/2 | 59.5% #2/2 |
| Florissant, MO | 50,494 | $99,005 | $1,233 | 67.8% |
Frequently Asked Questions
Common questions about the housing market in Hazelwood, Missouri.
What is the median home price in Hazelwood, Missouri?
The median home price in Hazelwood, Missouri is $98,662, lower than the Missouri average of $145,462.
What is the average home price in Hazelwood, Missouri?
The typical home price in Hazelwood, Missouri, reported as the median sale price, is $98,662. 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 Hazelwood, Missouri?
The median gross rent in Hazelwood, Missouri is $1,092 per month, higher than the Missouri average of $1,033.
What was the median gross rent in Hazelwood in 2020?
In 2020, the median gross rent in Hazelwood, Missouri was $908 per month.
What is the price-to-rent ratio in Hazelwood, Missouri?
The price-to-rent ratio in Hazelwood, Missouri is about 7.5, meaning it would take roughly 7.5 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 Hazelwood.
Are home prices or rent rising faster in Hazelwood, Missouri?
Both home prices and rent are rising in Hazelwood, up about 4.4% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hazelwood, Missouri?
53.9% of households in Hazelwood, Missouri own their home, lower than the Missouri average of 60.5%.
What is the vacancy rate in Hazelwood, Missouri?
The housing vacancy rate in Hazelwood, Missouri is 9.5%, lower than the Missouri average of 11.2%.
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