Hickory County, Missouri Housing Market Prices
Hickory 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 7% above the Missouri median$156,250
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Median rent 37% below the Missouri median Cheaper than 81% of counties in Missouri$648
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hickory County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $156,250 | $145,462 | $248,835 |
| Price Trend (Annual %) | 15.1% | 5.2% | 7.5% |
| Median Gross Rent | $648 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 1.8% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hickory County is about 7% higher than in Missouri. Rent is about 37% 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 Hickory County, up about 15.1% and 1.8% a year respectively. Home prices are changing faster.
Median rent in Hickory County rose about 16.1% between 2015 and 2024, from $558 to $648. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Hickory County.
Buying the median-priced home in Hickory County costs roughly 20.1 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 Hickory County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Hickory County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $156,250 | $145,462 | $248,835 |
| Median Household Income | $39,283 | $70,801 | $80,455 |
| Price-to-Income Ratio | 4.0 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hickory County rose about 140.0%, while median household income rose about 24.2% 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 | Hickory County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.2% | 60.5% | 58.5% |
| Rental Rate | 11.5% | 28.3% | 31.2% |
| Vacancy Rate | 34.3% | 11.2% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Hickory County has a homeownership rate of 54.2%, lower than the Missouri average of 60.5%. Its housing vacancy rate is 34.3%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Hickory County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.34 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1984 | 1978 | 1978 |
| Median Number of Rooms | 5.3 | 5.7 | 5.5 |
The typical housing unit in Hickory County was built around 1984. On average, 2.3 people live in a home with about 5.3 rooms, staying for about 15.0 years on average.
Hickory County, MO Housing Compared With Nearby Counties
How Hickory County, MO compares with the 1 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hickory County, MO | 8,585 | $156,250 #1/2 | $648 #2/2 | 82.4% #2/2 |
| Camden County, MO | 43,667 | $148,332 | $876 | 82.5% |
Frequently Asked Questions
Common questions about the housing market in Hickory County, Missouri.
What is the median home price in Hickory County, Missouri?
The median home price in Hickory County, Missouri is $156,250, higher than the Missouri average of $145,462.
What is the average home price in Hickory County, Missouri?
The typical home price in Hickory County, Missouri, reported as the median sale price, is $156,250. 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 Hickory County, Missouri?
The median gross rent in Hickory County, Missouri is $648 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Hickory County in 2020?
In 2020, the median gross rent in Hickory County, Missouri was $645 per month.
What is the price-to-rent ratio in Hickory County, Missouri?
The price-to-rent ratio in Hickory County, Missouri is about 20.1, meaning it would take roughly 20.1 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 Hickory County.
Are home prices or rent rising faster in Hickory County, Missouri?
Both home prices and rent are rising in Hickory County, up about 15.1% and 1.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hickory County, Missouri?
54.2% of households in Hickory County, Missouri own their home, lower than the Missouri average of 60.5%.
What is the vacancy rate in Hickory County, Missouri?
The housing vacancy rate in Hickory County, Missouri is 34.3%, higher than the Missouri average of 11.2%.
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