Kirkwood, Missouri Housing Market Prices
Kirkwood 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 198% above the Missouri median$433,154
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Median rent 25% above the Missouri median$1,290
Housing Market Overview
| Metric | Kirkwood | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $433,154 | $145,462 | $248,835 |
| Price Trend (Annual %) | 27.7% | 5.2% | 7.5% |
| Median Gross Rent | $1,290 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.0% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Kirkwood is about 198% higher than in Missouri. Rent is about 25% 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 Kirkwood, up about 27.7% and 3.0% a year respectively. Home prices are changing faster.
Median rent in Kirkwood rose about 27.9% between 2015 and 2024, from $1,008 to $1,290. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Kirkwood.
Buying the median-priced home in Kirkwood costs roughly 28.0 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 Kirkwood. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Kirkwood | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $433,154 | $145,462 | $248,835 |
| Median Household Income | $128,617 | $70,801 | $80,455 |
| Price-to-Income Ratio | 3.4 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Kirkwood rose about 230.2%, while median household income rose about 58.7% 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 | Kirkwood | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 75.3% | 60.5% | 58.5% |
| Rental Rate | 17.4% | 28.3% | 31.2% |
| Vacancy Rate | 7.3% | 11.2% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Kirkwood has a homeownership rate of 75.3%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 7.3%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Kirkwood | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.43 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1965 | 1978 | 1978 |
| Median Number of Rooms | 6.5 | 5.7 | 5.5 |
The typical housing unit in Kirkwood was built around 1965. On average, 2.4 people live in a home with about 6.5 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Kirkwood, Missouri.
What is the median home price in Kirkwood, Missouri?
The median home price in Kirkwood, Missouri is $433,154, higher than the Missouri average of $145,462.
What is the average home price in Kirkwood, Missouri?
The typical home price in Kirkwood, Missouri, reported as the median sale price, is $433,154. 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 Kirkwood, Missouri?
The median gross rent in Kirkwood, Missouri is $1,290 per month, higher than the Missouri average of $1,033.
What was the median gross rent in Kirkwood in 2020?
In 2020, the median gross rent in Kirkwood, Missouri was $1,054 per month.
What is the price-to-rent ratio in Kirkwood, Missouri?
The price-to-rent ratio in Kirkwood, Missouri is about 28.0, meaning it would take roughly 28.0 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 Kirkwood.
Are home prices or rent rising faster in Kirkwood, Missouri?
Both home prices and rent are rising in Kirkwood, up about 27.7% and 3.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Kirkwood, Missouri?
75.3% of households in Kirkwood, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Kirkwood, Missouri?
The housing vacancy rate in Kirkwood, Missouri is 7.3%, lower than the Missouri average of 11.2%.
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