McDonald County, Missouri Housing Market Prices
McDonald 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 25% below the Missouri median$109,091
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Median rent 26% below the Missouri median$767
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | McDonald County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $109,091 | $145,462 | $248,835 |
| Price Trend (Annual %) | 1.7% | 5.2% | 7.5% |
| Median Gross Rent | $767 | $1,033 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in McDonald County is about 25% lower than in Missouri. Rent is about 26% 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 McDonald County, up about 1.7% and 3.5% a year respectively. Rent is changing faster.
Median rent in McDonald County rose about 32.0% between 2015 and 2024, from $581 to $767. Over the same span, rent in Missouri rose about 38.6%.
Affordability
On average, housing unit costs 2.0 yearly household incomes in McDonald County.
Buying the median-priced home in McDonald County costs roughly 11.9 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 McDonald County. The price-to-rent ratio in Missouri is about 11.7.
| Metric | McDonald County | Missouri Avg | US Average |
|---|---|---|---|
| Median Home Price | $109,091 | $145,462 | $248,835 |
| Median Household Income | $53,681 | $70,801 | $80,455 |
| Price-to-Income Ratio | 2.0 | 2.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in McDonald County rose about 20.2%, while median household income rose about 33.9% 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 | McDonald County | Missouri Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.6% | 60.5% | 58.5% |
| Rental Rate | 28.4% | 28.3% | 31.2% |
| Vacancy Rate | 12.9% | 11.2% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
McDonald County has a homeownership rate of 58.6%, lower than the Missouri average of 60.5%. Its housing vacancy rate is 12.9%, compared with 11.2% in Missouri.
Housing Stock
| Metric | McDonald County | Missouri Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.75 people | 2.40 people | 2.53 people |
| Median Structure Built Year | 1992 | 1978 | 1978 |
| Median Number of Rooms | 5.3 | 5.7 | 5.5 |
The typical housing unit in McDonald County was built around 1992. On average, 2.8 people live in a home with about 5.3 rooms, staying for about 14.0 years on average.
McDonald County, MO Housing Compared With Nearby Counties
McDonald County, MO is the smallest of the 6 counties compared here, 23,701 residents against a local median of 41,279. McDonald County, MO sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is homeownership, 12% below the local median at 67.3% against 76.6%. McDonald County, MO has the 5th highest homeownership of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| McDonald County, MO | 23,701 | $109,091 #4/6 | $767 #5/6 | 67.3% #5/6 |
| Newton County, MO | 60,118 | $70,854 | $817 | 76.6% |
| Benton County, AR | 303,622 | $246,475 | $1,277 | 67.0% |
| Delaware County, OK | 41,279 | $159,375 | $913 | 77.1% |
| Ottawa County, OK | 30,341 | $95,116 | $787 | 67.5% |
| Barry County, MO | 35,028 | $112,503 | $766 | 77.3% |
Frequently Asked Questions
Common questions about the housing market in McDonald County, Missouri.
What is the median home price in McDonald County, Missouri?
The median home price in McDonald County, Missouri is $109,091, lower than the Missouri average of $145,462.
What is the average home price in McDonald County, Missouri?
The typical home price in McDonald County, Missouri, reported as the median sale price, is $109,091. 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 McDonald County, Missouri?
The median gross rent in McDonald County, Missouri is $767 per month, lower than the Missouri average of $1,033.
What was the median gross rent in McDonald County in 2020?
In 2020, the median gross rent in McDonald County, Missouri was $674 per month.
What is the price-to-rent ratio in McDonald County, Missouri?
The price-to-rent ratio in McDonald County, Missouri is about 11.9, meaning it would take roughly 11.9 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 McDonald County.
Are home prices or rent rising faster in McDonald County, Missouri?
Both home prices and rent are rising in McDonald County, up about 1.7% and 3.5% a year respectively. Rent is changing faster.
What is the homeownership rate in McDonald County, Missouri?
58.6% of households in McDonald County, Missouri own their home, lower than the Missouri average of 60.5%.
What is the vacancy rate in McDonald County, Missouri?
The housing vacancy rate in McDonald County, Missouri is 12.9%, higher than the Missouri average of 11.2%.
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