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 | Holt County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $119,642 | $136,017 | $242,182 |
| Price Trend (Annual %) | 9.5% | 5.0% | 8.2% |
| Median Gross Rent | $702 | $995 | $1,342 |
| Rent Trend (Annual %) | 6.6% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Holt County is about 12% lower than in Missouri. Rent is about 29% 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 Holt County, up about 9.5% and 6.6% a year respectively. Home prices are changing faster.
Median rent in Holt County rose about 47.5% between 2015 and 2023, from $476 to $702. Over the same span, rent in Missouri rose about 33.6%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in Holt County.
Buying the median-priced home in Holt County costs roughly 14.2 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 Holt County. The price-to-rent ratio in Missouri is about 11.4.
| Metric | Holt County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $119,642 | $136,017 | $242,182 |
| Median Household Income | $57,106 | $69,051 | $78,145 |
| Price-to-Income Ratio | 2.1 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Holt County fell about 24.0%, while median household income rose about 46.6% between 2009 and 2023 — 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 | Holt County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.8% | 60.1% | 58.2% |
| Rental Rate | 15.4% | 28.4% | 31.3% |
| Vacancy Rate | 28.8% | 11.6% | 10.6% |
| Median Tenure (years) | 18.0 | 15.0 | 15.0 |
| Median Year Moved In | 2008 | 2011 | 2011 |
Holt County has a homeownership rate of 55.8%, lower than the Missouri average of 60.1%. Its housing vacancy rate is 28.8%, compared with 11.6% in Missouri.
Housing Stock
| Metric | Holt County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.41 people | 2.42 people | 2.54 people |
| Median Structure Built Year | 1965 | 1977 | 1978 |
| Median Number of Rooms | 5.9 | 5.7 | 5.5 |
The typical housing unit in Holt County was built around 1965. On average, 2.4 people live in a home with about 5.9 rooms, staying for about 18.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Holt County, Missouri.
What is the median home price in Holt County, Missouri?
The median home price in Holt County, Missouri is $119,642, lower than the Missouri average of $136,017.
What is the average home price in Holt 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 Holt County, Missouri?
The median gross rent in Holt County, Missouri is $702 per month, lower than the Missouri average of $995.
What was the median gross rent in Holt County in 2020?
In 2020, the median gross rent in Holt County, Missouri was $526 per month.
What is the price-to-rent ratio in Holt County, Missouri?
The price-to-rent ratio in Holt County, Missouri is about 14.2, meaning it would take roughly 14.2 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 Holt County.
Are home prices or rent rising faster in Holt County, Missouri?
Both home prices and rent are rising in Holt County, up about 9.5% and 6.6% a year respectively. Home prices are changing faster.
What is the homeownership rate in Holt County, Missouri?
55.8% of households in Holt County, Missouri own their home, lower than the Missouri average of 60.1%.
What is the vacancy rate in Holt County, Missouri?
The housing vacancy rate in Holt County, Missouri is 28.8%, higher than the Missouri average of 11.6%.