Lawrence County, Missouri Housing Market Prices
Lawrence 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 31% below the Missouri median$100,595
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Median rent 23% below the Missouri median$800
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Lawrence County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $100,595 | $145,462 | $248,835 |
| Price Trend (Annual %) | 3.6% | 5.2% | 7.5% |
| Median Gross Rent | $800 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 2.9% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Lawrence County is about 31% lower than in Missouri. Rent is about 23% 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 Lawrence County, up about 3.6% and 2.9% a year respectively. Home prices are changing faster.
Median rent in Lawrence County rose about 30.6% between 2015 and 2024, from $612 to $800. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Lawrence County.
Buying the median-priced home in Lawrence County costs roughly 10.5 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 Lawrence County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | Lawrence County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $100,595 | $145,462 | $248,835 |
| Median Household Income | $61,185 | $70,801 | $80,455 |
| Price-to-Income Ratio | 1.6 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Lawrence County rose about 23.6%, while median household income rose about 41.4% 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 | Lawrence County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.2% | 60.5% | 58.5% |
| Rental Rate | 23.4% | 28.3% | 31.2% |
| Vacancy Rate | 10.4% | 11.2% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Lawrence County has a homeownership rate of 66.2%, higher than the Missouri average of 60.5%. Its housing vacancy rate is 10.4%, compared with 11.2% in Missouri.
Housing Stock
| Metric | Lawrence County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.60 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1984 | 1978 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Lawrence County was built around 1984. On average, 2.6 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Lawrence County, MO Housing Compared With Nearby Counties
Lawrence County, MO is the 3rd largest of the 5 counties compared here, 38,593 residents against a local median of 79,648. Where Lawrence County, MO breaks from the counties next to it is median home price, sitting 31% below the local median of $144,744 at $100,595.
The counties themselves spread $41,034 on median home price, so Lawrence County, MO sits at one end of an already wide local range rather than apart from it. Lawrence County, MO has the 5th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Lawrence County, MO | 38,593 | $100,595 #5/5 | $800 #4/5 | 73.9% #3/5 |
| Barry County, MO | 35,028 | $112,503 | $766 | 77.3% |
| Greene County, MO | 303,351 | $152,557 | $988 | 57.5% |
| Jasper County, MO | 124,268 | $153,538 | $973 | 62.8% |
| Stone County, MO | 32,050 | $136,931 | $895 | 83.3% |
Frequently Asked Questions
Common questions about the housing market in Lawrence County, Missouri.
What is the median home price in Lawrence County, Missouri?
The median home price in Lawrence County, Missouri is $100,595, lower than the Missouri average of $145,462.
What is the average home price in Lawrence County, Missouri?
The typical home price in Lawrence County, Missouri, reported as the median sale price, is $100,595. 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 Lawrence County, Missouri?
The median gross rent in Lawrence County, Missouri is $800 per month, lower than the Missouri average of $1,033.
What was the median gross rent in Lawrence County in 2020?
In 2020, the median gross rent in Lawrence County, Missouri was $691 per month.
What is the price-to-rent ratio in Lawrence County, Missouri?
The price-to-rent ratio in Lawrence County, Missouri is about 10.5, meaning it would take roughly 10.5 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 Lawrence County.
Are home prices or rent rising faster in Lawrence County, Missouri?
Both home prices and rent are rising in Lawrence County, up about 3.6% and 2.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Lawrence County, Missouri?
66.2% of households in Lawrence County, Missouri own their home, higher than the Missouri average of 60.5%.
What is the vacancy rate in Lawrence County, Missouri?
The housing vacancy rate in Lawrence County, Missouri is 10.4%, lower than the Missouri average of 11.2%.
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